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A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless
10.6.2020
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are struggling and older bitcoin...
Antminer T19 May Not Affect Bitcoin Hash Rate but Keeps Bitmain Ahead
5.6.2020
The Antminer T19 by Bitmain may not have a big impact on the Bitcoin network, and it comes out amid the firm’s internal and post-halving uncertainty
Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
2.6.2020
Bitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost market share. The Beijing-based company said the Antminer T19 has computing power or hashrate of 84 terahash per second (TH/s) and power efficiency of 37.5 joules per terahash (J/TH)....
Hyperblock Bitcoin Mining Servers and Datacenter Infrastructure to Be Auctioned off in Public Sale
20.5.2020
Thousands of mining servers and all the datacenter infrastructure needed to operate them will be auctioned off in an upcoming public sale of Hyperblock’s property. The company has announced on Thursday, May 14, 2020, that its 20MW Montana, USA datacenter went offline and that it has ceased...
45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
17.5.2020
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are...
Bitcoin Miner Riot Blockchain Racks Up $221 Million Deficit
13.5.2020
Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations
US Mining Firm Plans to Nearly Double Hash Rate After Halving
10.5.2020
Riot Blockchain has announced the purchase of an additional equipment for its post-halving operations
Crypto Mining Giant Bitmain Confirms Problems With Antminer S17 Units
6.5.2020
After several customer complaints aired on social media, Chinese mining giant Bitmain confirms that some of its Antminer S17 units have issues
Samson Mow: Bitmain S17/T17 Antminer Has High Failure Rate
27.4.2020
Technical issues with the Bitmain Antminer S17/T17 heat sinks caused nearly a third of them to short out, according to the Blockstream CSO
Bitcoin Miner Braves Pandemic Amid Partial Relocation to New York
17.4.2020
Riot Blockchain has entered into a "co-location mining services contract" to share Coinmint’s data center amid low crypto prices
May’s Bitcoin Rewards Halving Will Force Weak Miners Off the Network
12.4.2020
The Bitcoin halving is almost here, and it means “survival of the fittest” for miners. Only those who adapt will survive — and here’s how they’re doing it
Bitmain’s Antminer E3 to Continue Mining Ether With New Update
30.3.2020
Chinese mining firm Bitmain enhances Antminer E3’s lifespan by launching firmware
Bitmain S19 Antminers Sell Out, Won't Ship Until May 11
23.3.2020
With the Antminers set to ship from March 11, Bitmain is facing a wave of accusations that it is front-running its customers
Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit
27.2.2020
On Thursday, the China-based mining rig manufacturer Bitmain announced the launch of two new Antminer S19 series models that process between 95 to 110 trillion hashes per second (TH/s). The Antminer S19 Pro model with 110TH/s and 29 joules per terahash (J/TH) is 24 trillion hashes per second faster...
Ahead of Bitcoin Halving, Bitmain Announces Upcoming Antiminer S19
27.2.2020
As the Bitcoin halving looms, Bitmain releases a new Antminer that will generate 95 terahash per second
Bitmain’s Antminer E3 Will Allegedly Stop Ethereum Mining in 1 Month: Report
24.2.2020
Bitmain’s Antminer E3 will allegedly stop mining Ethereum in April 2020, altcoin mining pool 2Miners reports
Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump
10.1.2020
On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five...
Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype
6.1.2020
In mid-December, Intel revealed that the company expects to design 2nm and 1.4 nm semiconductors by 2029. During the same timeframe, regional sources reported Canaan and Bitmain will reveal new mining rigs this year equipped with TSMC-based 5nm chips. Now, competition is growing stronger as Samsung...
Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds
13.12.2019
For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China, according to a recent report by CoinShares Research
Bitcoin Miner Riot Blockchain Announces Additional 1,000-Rig Purchase
13.12.2019
Riot Blockchain completes upgrade to Oklahoma City mining facility with the purchase of an additional 1,000 Antminer S17-Pro machines