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Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage


Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners...

TronWallet's 4th Generation Klever App Launches w/ Multiple Announcements


Source: Adobe/M-SUR Klever App, the “bigger house” for TronWallet and a major component in the Klever ecosystem, has officially launched, thus expanding the platform of the former TronWallet, and announcing new partnerships, expansions, pre-paid credit cards, and digital bank accounts, among other...

Nasdaq-Listed Firm Marathon Buys 10,500 Next-Gen Bitcoin Miners for $23M


One of the earliest Nasdaq-listed cryptocurrency mining companies, Marathon Patent Group, announced a new agreement contract with the ASIC mining manufacturer Bitmain. According to the public company, Marathon has agreed to purchase 10,500 next-generation Antminer S-19 Pro models for $23 million....

Power Plants in Iran Are Authorized to Mine Bitcoin


Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary...

US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain


U.S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29. The miners will...

Cardano Works Towards Excelling the 3rd Generation Asset Type


Charles Hoskinson has recently explained what Cardano is and what the difference is between Cardano in comparison to Bitcoin and Ethereum. To simplify and draw a difference between the given three cryptos, Hoskinson, while comparing in common parlance, said that Bitcoin is the first mover in...

Bitcoin News Roundup for June 9, 2020


With the price of bitcoin again struggling to breach $10,000 and volatility falling to recent lows, CoinDesk's Markets Daily is back with another bitcoin news roundup

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