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Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design
19.4.2022
Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed during the Bitcoin 22 conference in Miami, Microbt showcased...
Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
17.4.2022
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners...
Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving
14.4.2022
Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than 200 exahash per second (EH/s) in computational power dedicated to mining the Bitcoin blockchain...
Seven times Bitcoin miners made the world a better place
9.4.2022
BTC mining and the miners, themselves, seem to be doing more than just securing the Bitcoin network
Russian Trade Ministry Wants Bitcoin Miners to Use Domestic Hardware
8.4.2022
The Russian Ministry of Industry and Trade has stated that it wants to create a legal system that would oblige Bitcoin (BTC) and crypto miners operating in the country to prioritize domestically produced mining hardware and apps – and buy from Russian providers when possible....
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Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies
6.4.2022
According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an increasing share is deployed by publicly listed companies. Current data shows that the publicly listed miners’ share of Bitcoin’s hashrate is roughly...
A State Senator Is Pushing to Attract Bitcoin Miners to Oklahoma
5.4.2022
John Michael Montgomery explains on CoinDesk TV’s “First Mover” why he thinks the Sooner State should offer tax incentives to crypto miners
Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs
4.4.2022
Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promoting NFTs. The Widening Crackdown on Digital Assets The Chinese messaging app Wechat recently...
Tesla CEO Elon Musk Shares Dogecoin Video — Says It ‘Explains Everything’
3.4.2022
Tesla CEO Elon Musk has shared a dogecoin video on Twitter in a conversation about bitcoin mining on April 1. He says, “this video explains everything.” Elon Musk Shares Dogecoin Video Tesla and Spacex CEO Elon Musk shared a video about the meme cryptocurrency dogecoin (DOGE) on April...
CleanSpark Aims to Be Among Top Bitcoin Miners With Up to 500MW Expansion
31.3.2022
The deal with Houston-based Lancium will give CleanSpark a mining hashrate of 16 EH/s by spring 2023
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
30.3.2022
In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From...
Bitcoin Miners Set to See a New Difficulty High as 'Tectonic Shifts' Bring 'New Opportunities'
30.3.2022
Bitcoin (BTC) mining difficulty seems likely to break another record in a matter of hours, yet again cutting into the decreasing profit margins of miners.
At 14:47 UTC, it is estimated that the Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, will rise...
Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
30.3.2022
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business...
Greenpeace, Ripple co-founder campaigning to change Bitcoin code
29.3.2022
Chris Larsen, co-founder of Ripple also joined in on the call, saying Bitcoin is the “outlier” now that Ethereum’s model is set to change
How Northern Italian Hydropower Producers Became Bitcoin Miners
25.3.2022
In the pursuit of economic sustainability, northern Italian hydropower producers are turning to bitcoin mining
Trading Platform Pipe Launches Alternative Financing Solution for Bitcoin Miners
22.3.2022
The company worked with Compass Mining for several months before launching the product
Bitcoin Miners Catch a Second Break With Another Downward Difficulty Adjustment
18.3.2022
Five days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s) region. Meanwhile, bitcoin miners caught another break on Thursday, as the network’s mining...
Stranded no more? Bitcoin miners could help solve Big Oil's gas problem
18.3.2022
Can Bitcoin mining be part of the solution for greenhouse emissions rather than part of the problem?
Bitmain Reveals New Liquid-Cooled ASIC Mining Rig With 255 TH/s of Computing Power
14.3.2022
Leading ASIC mining device manufacturer Bitmain has revealed a new bitcoin miner that’s even faster than the company’s last machine, which boasts 198 terahash per second (TH/s). The latest model, called the Antminer S19 XP Hyd., is also a liquid-cooled ASIC mining device that claims...
Bitcoin’s Hashrate Jumps 15% Higher in 10 Days, Mining Difficulty Expected to Rise
13.3.2022
After bitcoin miners caught a break ten days ago when the difficulty dropped 1.49% lower, the network’s hashrate increased more than 15% since then. Currently, the processing power has been coasting along above the 200 exahash per second (EH/s) zone but another difficulty increase...