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Nalezeno "mining bitcoin": 1408

Amid Falling Inscriptions, Bitcoin Miners Chip Away at Transaction Backlog

30.9.2023
Bitcoin miners have been steadily clearing the mempool of unconfirmed transactions since the number almost reached 700,000 on September 6, 2023. Currently, the number of unconfirmed transactions has dropped to just over 153,000 pending confirmation. Transaction Backlog Shrinks as Bitcoin Miners...

Bitcoin’s Hashrate Holds Steady Above 400 EH/s Amid Sky-High Network Difficulty

29.9.2023
Amid the soaring network difficulty, Bitcoin’s hashrate remains resilient, firmly holding above the 400 exahash per second (EH/s) frontier. A total of 43 mining pools channel their hashpower at the Bitcoin blockchain, yet, it’s Foundry USA’s pool that ruled the roost this...

Bitcoin Miner Marathon Reportedly Mines Invalid BTC Block

27.9.2023
Bitcoin mining company Marathon Digital (MARA) has mined an invalid Bitcoin block at height 809478, according to several developers, miners and researchers

Peak Mining Signs $150M Deal for Microbt Bitcoin Miners, Eyes Large-Scale Liquid-Cooling Tech

22.9.2023
According to Peak Mining, a subsidiary of Northern Data Group, the company has signed a contract with bitcoin mining rig manufacturer Microbt worth $150 million. This agreement will equip Peak Mining with 7 exahash per second (EH/s) of the latest next-generation BTC mining devices. Microbt...

16 Joules per Terahash: Bitmain Unveils High-Efficiency S21 Bitcoin Miners at Hong Kong Summit

22.9.2023
Bitmain, a leading bitcoin mining rig manufacturer, has introduced the newest addition to its Antminer products: the S21 series. The newest models have an efficiency rating under 20 joules per terahash (J/T) and produce between 200 terahash per second (TH/s) and 335 TH/s. Bitmain Launches 2...

Microbt Plans to Launch Next-Gen Bitcoin Mining Machine With 1X Efficiency Rating

20.9.2023
On September 19, 2023, Microbt, the manufacturer of bitcoin (BTC) application-specific integrated circuit (ASIC) mining rigs, revealed its intentions to introduce an innovative mining machine with an efficiency rating of 1X joules per terahash (J/T). This announcement from Microbt closely follows...

Bitcoin Mining Hits Toughest Era: Record Difficulty and Hashrate Peaks Define September 2023

19.9.2023
Bitcoin’s mining difficulty hit a record high after increasing 5.48% to 57.12 trillion. This rise signifies the need for a significant amount of computational power to discover blocks. Meanwhile, the network’s hashrate also reached a record high this past week. Bitcoin Difficulty Jumps...

Eco-Friendly Mining: Bitcoin Miners Seek Savings Through Alternative Energy

19.9.2023
Amid recent financial setbacks and growing concerns over the environmental impact of cryptocurrency mining, Bitcoin (BTC) miners are looking for innovative ways to reduce costs and operate sustainably. Bitcoin mining is an energy intensive process, making power the biggest expense for mining...

Bitcoin miners seek alternative energy sources to cut costs

18.9.2023
The next generation of crypto mining will focus on alternative energy sources for efficiency

Bitcoin Miner F2Pool Returns 19.8 BTC to Paxos After Overpaid Fee

15.9.2023
Paxos paid $520,000 for a $2,000 bitcoin transaction earlier this week

Bitcoin clean energy usage reportedly exceeds 50% — Will Tesla start accepting BTC payments?

14.9.2023
A Bloomberg analyst reported the percentage of energy used for Bitcoin mining coming from renewable sources had exceeded 50% due in part to miners fleeing China’s ban

Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner

10.9.2023
Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement released Friday, the Nasdaq-listed...

Canaan to Launch Avalon 14 Series Bitcoin Miner With Advanced 1X J/TH Efficiency

7.9.2023
In mid-August, Bitmain revealed its intention to launch a new Antminer featuring an efficiency rating of 1X joules per terahash (J/TH). Three days after this disclosure, Canaan also announced plans to unveil a novel product but with little details. Canaan has since offered more information...

Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price

6.9.2023
On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height 802,368. Bitcoin Miners See Relief With 2.65%...

Bitcoin Miners Consider Hedging Options for Revenue Stability

6.9.2023
Bitcoin (BTC) miners are considering hedging options to protect their revenue stability amidst the volatility of the cryptocurrency market. GSR, a leading firm in the trading and market-making space, is pitching hedging products that would provide miners with a more predictable income.... Read...

Marathon's Bitcoin mining rate fell 9% in August

6.9.2023
The company still mined five times more Bitcoin than in August 2022, reporting that it produced 1,072 Bitcoin last month, and said the decrease from July was caused by unfavourable weather conditions

Today in Crypto: Binance Japan to Offer 3x More Coins, HashKey Partners with imToken

30.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Binance Japan to Offer 3x More Coins, HashKey Partners with imToken