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Bitfarms Partners With Foundry, Joins US Mining Pool, Fleet Expands by 2,465 Bitcoin Miners
24.4.2021
On April 23, the publicly listed mining operation Bitfarms revealed a partnership with the Digital Currency Group (DCG) subsidiary Foundry Digital LLC. Bitfarms will be joining Foundry’s American mining pool and the two bitcoin mining firms have revealed the joint purchase of 2,465 Whatsminer...
Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%
22.4.2021
On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations...
‘Ossification Is Stupid:’ Bitcoin Development Controversy Strikes ‘Speedy Trial’ Taproot Activation
17.4.2021
The well known software developer Luke Dashjr is in the midst of controversy over how to upgrade the Bitcoin network in order to add the Taproot protocol. Bitcoin Core developers want to upgrade with “Speedy trial,” which will allow miners to push the feature through. However, Luke...
Bitcoin hash rate hits record 200 EH/s in fresh BTC price bull flag
16.4.2021
The old adage "price follows hash rate" may be about to see one of its biggest tests in the past twelve years
Bitcoin Miners Might Solve Ukraine’s Energy Spending Woes
14.4.2021
Cooling towers at Zaporizhzhia Nuclear Power Station. A financial expert has explained the logic behind the Ukrainian state’s recent nuclear-powered crypto mining push – claiming that the nature of the mining industry makes it an ideal partner to use up surplus power from the country’s nuclear...
North American crypto miners prepare to challenge China’s dominance
13.4.2021
US firm splashes out on 4,800 Bitcoin miners worth $34M
13.4.2021
A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain
Online Game Operator The9 Plans to Purchase 2,000 Bitcoin Miners for Over $6 Million
10.4.2021
The Shanghai-based online game operator, The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9’s binding memorandum of understanding (MOU) explains that the new units will give the company 0.1 exahash of bitcoin...
Miners are hoarding Bitcoin from record daily earnings
8.4.2021
Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February
5 key reasons why Bitcoin will likely see new all-time highs soon
7.4.2021
On-chain data suggests Bitcoin price will likely breakout to a new all-time-high soon, as whales, miners and long-term hodlers turn bullish again
Hackers Target Github Server Infrastructure to Mine Cryptocurrencies
7.4.2021
Github services is under investigation after a series of reports on attacks against one of its infrastructures by running unauthorized crypto mining apps. Cybercriminals allegedly exploited some security flaws that could have been exploited to mine cryptos illicitly. Attacks Exploit ‘Github...
Ether Hashrate Climbs to New Heights, Reports Say a 2,000 Megahash ETH Miner Set to Drop This Summer
4.4.2021
In December 2020, the mining rig manufacturer Innosilicon released a new ethereum miner called the Innosilicon A10 Pro+, which processes Ethereum-based hashrate at around 750 megahash per second (MH/s). Regional reports have noted Innosilicon is dropping a new ether mining rig this summer that...
Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban
3.4.2021
Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners. Public Officials to Face Bigger Penalties...
Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month
3.4.2021
On Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees. Today, the blockchain’s hashrate is around 160 exahash...
The Power of ETH and BCH: Smart Bitcoin Cash Project Highlights Innovative Sidechain
2.4.2021
On Thursday, Bitcoin Cash proponents were introduced to a new website that features a project called Smart Bitcoin Cash or Smartbch for short. Essentially, the project is a sidechain for Bitcoin Cash that is compatible with Ethereum’s EVM and Web3 API, which means people will soon be able...
Hut 8 Purchases $30M Worth of Nvidia’s GPU Miners, Looks to Push Capacity to 1,600 Gigahash
27.3.2021
On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine the crypto asset ethereum and Hut 8 expects its aggregate operational power will be 1,600 gigahash....
Hut 8 Joins Foundry’s US Mining Pool, Adds Over 14,000 Bitcoin Mining Rigs of Hashpower
23.3.2021
On Tuesday, the firm Hut 8 Mining Corp., announced that it is joining the Foundry U.S.-based mining pool. The publicly-listed mining company said that it added 14,400 machines to Foundry’s mining operation and it also plans to deploy another 5,000 miners by August. Hut 8 Joins Foundry’s...
500 MW by 2025: Bitcoin Miner Greenidge and It’s Wholly-Owned Power Plant to Be Listed on Nasdaq
22.3.2021
On Monday, the New York-based company Greenidge Generation Holdings revealed the business aims to be the first publicly-listed mining operation with a wholly-owned power plant. Greenidge expects to be publicly listed on Nasdaq via a merger with the firm Support.com. Greenidge Bitcoin Mining...
AMD Won’t Restrict Crypto Miners From Using Its Graphic Cards
22.3.2021
Major chipmaker Advanced Micro Devices (AMD) keeps making headlines amid the battle between crypto miners and PC gamers. Now, the company seems to have made a step forward to become friendlier to those with crypto mining purposes. AMD Doesn’t Want to Follow Nvidia’s Path According to...
Bitcoin miners back hash rate derivative DeFi project on BSC
19.3.2021
Standard Hashrate is launching TAU, an algorithmic asset protocol backed by Bitcoin hash rate