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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

45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving


On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...

Generation C: Ameen Soleimani – The Entrepreneur


“Eventually the old people will die, the rules will go with them, and newer generations will set the cultural norms. As entrepreneurs, it’s part of our role to bring those new concepts into the world.”

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