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Norway’s Fourth-Richest Man Invests in a Crypto Mining ASIC Manufacturer
13.3.2021
According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific...
Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity: Report
19.1.2021
Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific...
Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage
13.9.2020
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...
Ethereum Community Enthralled Over Controversial ProgPoW Proposal
10.3.2020
The Ethereum community has been debating a proposal called ProgPoW as many ETH proponents believe the Programmatic Proof-of-Work function will alter the network significantly. The contentious topic has seemed to galvanize the community, with the ProgPoW proposal favored by a significant proportion...