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400+ Miners Seized in Venezuela Due to Lack of Permits
21.6.2021
Authorities seized more than 400 Bitcoin miners in Venezuela this weekend in two major confiscations. Local reports indicate military personnel seized 332 miners from a transport truck. In another procedure, authorities seized 72 miners hidden in a house. These activities resulted in...
Report: ASIC Giant Bitmain Pre-Orders 5nm Chips Produced by TSMC’s N5 Process
17.5.2021
Bitmain, one of the largest application-specific integrated circuit (ASIC) manufacturers in the world, is reportedly working with the Taiwan Semiconductor Manufacturing Company (TSMC) in order to leverage TSMC’s 5nm semiconductors. Industry sources say that the 5nm chips being created...
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...
Chinese Lottery Firm Rebrands, Purchases Bitcoin Mining Rig Manufacturer for $100 Million
8.4.2021
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange...
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...
U.S. miner Blockcap plans to have 40,000 ASICs operational by Q4
23.3.2021
Despite launching in December, Blockcap plans to possess an operational hashrate of 3.5 EH/s by 2022
Hut 8 Completes $11.8M Financing for New Bitcoin Mining Machines
22.1.2021
The new machines will add 475 PH/s to Hut 8's hash power
Valid Points: Forget Staking, There Are Still Coins to Be Mined on PoW Ethereum
23.12.2020
Ethereum miners are making investments to maximize profits before mining becomes obsolete and gets replaced by validating on Ethereum 2.0
Erratic Processing Power: Bitcoin’s Hashrate Gains 45% in a Day, Then Loses 41 Exahash
11.11.2020
Seven days ago Bitcoin’s network difficulty saw the largest drop in nine years as it slid over 16% last week. Similar to the crypto asset’s price, the hashrate has been extremely volatile according to statistics. After dropping to 111 exahash per second (EH/s), the network hashrate...
Hive Blockchain Buys, Deploys 1,240 Bitcoin Mining Machines, Nearly Doubling Hash Power
6.11.2020
The Vancouver firm is targeting 1,000 PH/s in the next 12 months
Marathon Purchases Additional 10,000 S-19 Pro Miners from Bitmain
26.10.2020
This marks the second 10,000+ machine order from Marathon since August
This New Service Plays Matchmaker Between Solo Miners, Big Mining Farms
16.10.2020
Compass by HASHR8 matches individual miners with mining farms to host their hardware
US Firm Announces Installation of 700 Mining ASICs With More on the Way
3.6.2020
United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin mining ASIC units
The Rise of ASICs: A Step-by-Step History of Bitcoin Mining
26.4.2020
The machines that maintain the Bitcoin network have undergone rapid technological development. Here's a detailed look at that evolution and at what might lie ahead
Ethereum’s ProgPoW Debate Is About Much More Than Mining
5.3.2020
The debate over ProgPoW has become a flashpoint for how Ethereum makes big decisions
Ravencoin Community Clash Over Mining Algorithm Continues
21.2.2020
With ASICs increasingly dominating hash rate, the Ravencoin community is looking to build the project’s third mining algorithm
Childhood Friends Battle Over Ownership of North America’s Largest Bitcoin Mine
11.2.2020
Four years ago, two lifelong friends turned a small investment into the largest crypto miner in North America. Now they are warring over the company's future
Coronavirus Controls in China Are Delaying Crypto Miner Deliveries, Firms Say
30.1.2020
MicroBT and Canaan have notified customers they would be delaying ASIC deliveries due to the Chinese government's quarantine of Wuhan following the coronavirus outbreak
Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices
14.1.2020
Cryptocurrency mining develops rapidly like any high tech sector. Improvements in the hardware and auxiliary systems make it possible to design mining rigs that are more compact and silent than they used to be, while also profitable to run. Zigmabit is a manufacturer that assembles units suitable...
Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain
17.12.2019
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering