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China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out
26.2.2021
A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan Creative have placed significantly sized mining rig orders while other companies like Bitmain...
Massive 70 MW Bitcoin Mining Rig Shipped to Russia
12.2.2021
Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks...
Ukraine to Set up a Large-Scale Crypto Mining Data Center in a Nuclear Power Plant
30.1.2021
Ukraine’s government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations. After a bidding process, Energoatom chose Kyiv Energy Construction Company to handle the nuclear plant crypto mining project. Nuclear Power Plant Operator...
Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar
30.1.2021
Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars,...
Crypto User Builds a Mining Rig in the Back of His BMW Hybrid Car With Six Graphic Cards
28.1.2021
A U.S. cryptocurrency miner installed a mining rig in a particular place with the motivation to “annoy gamers.” Simon Byrne installed the full infrastructure in the back of his BMW i8 hybrid car. Miner Is Trying to Create a ‘Crypto Utopia’ According to PC Gamer, Byrne...
Bitmain's Antminer says Bitcoin rig sales won’t be affected by CEO departure
27.1.2021
After corporate infighting temporarily halted chip shipments in 2020, Bitmain's Antminer team says business will resume as normal following former CEO Jihan Wu's departure
US Man Installs Crypto Mining Rig in Hybrid BMW Sportscar
26.1.2021
While it can be powered by the hybrid car's battery, the boot needs to stay open to avoid overheating
Driving to the moon? HODLer installs portable mining rig in BMW
25.1.2021
“I'm not in crypto to make a fast buck, but I'll take the bonus,” said Simon Byrne
Global Chip Shortages Disrupt Bitcoin Mining Rig Production: China’s Dominant Position as Hash Rate Leader Under Threat
24.1.2021
The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. Already, the report suggests that the prices...
Canaan Launches Submerged Liquid-Cooled Bitcoin Miner, Noiseless Device Boasts 50 Terahash
5.1.2021
The publicly listed ASIC mining rig manufacturer, Canaan, has announced the launch of a new submerged liquid-cooled bitcoin miner called the Avalonminer A1066I. Canaan claims the new immersion cooling miner is noiseless and capable of significant overclocking, as the miner’s cooling system...
Mining Rig Makers Race to Create Next-Gen Ethereum Miner Before Staking-Only Kicks In
21.12.2020
The Ethereum network’s 2.0 transition has pushed the protocol to become one of the largest staking networks in the world with 1,683,905 ether locked into the contract worth $1 billion today. According to reports from China, while proof-of-work ethereum miners have two years left to mine...
Bitcoin Mining Rig Prices up 35% Since Start of November — Shortages Force Miners to Turn to Secondary Market
17.12.2020
The prices of the latest generation mining rigs have gone up 35% since the beginning of November, according to Hashr8. The observed price increase comes as Bitmain and Microbt are reportedly sold out until May 2021. As a consequence of the supply of mining rigs failing to meet the demand, some...
Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter
8.12.2020
Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0.06...
You Can Finally Get One Steering Wheel For Your Sim Racing Rig And Your BMW M4 GT3
7.12.2020
It’s a common problem: You enjoy sim racing, but the steering wheel you use to compete virtually simply isn’t as sharp or well-built as the one inside your 2022 BMW M4 GT3 race car. We’ve all been there and, thankfully, Fanatec is finally doing something to address this growing problem.Read more
‘Russian Dictators Will Use Blockchain to Rig Elections,’ Says Critic
10.11.2020
Russia’s new blockchain-powered voting systems could be exploited by unscrupulous politicians, becoming “tools” for the architects of rigged elections and voter fraud, a journalist has alleged.
The claims were made in a new column entitled “Blockchain for Dictators” by Sergei Golubitsky, an...
How to build a crypto mining rig in 2020 to earn Bitcoin and Ether
25.10.2020
Mining with home rigs is back, so here’s what those interested need to know to put together their own rig at home
Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC Factory
27.9.2020
On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The firm revealed the expansion news when it announced a recent partnership with the New York-based Foundry...
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...
Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
2.9.2020
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto...
Mining rig manufacturer Canaan announces narrowing net loss in Q2 results
31.8.2020
A vastly improved gross margin on sales contributed to a reduction in net loss of over 90% compared to figures from a year ago