Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining

Bitmain Sets Release for L9 Miner, Promising Unchallenged Efficiency in Scrypt MiningAccording to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up to 16,200 megahash per second (MH/s) and energy efficiency of 0.21 joules per megahash (J/M) mines litecoin, dogecoin, and digibyte. Bitmain Set to Launch L9 […]

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Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving

Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin HalvingFollowing the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash per second to marginally over $116 per PH/s on a daily basis. Should the prices remain low leading up to the forthcoming halving event scheduled for next week, certain mining devices may only be viable […]

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Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain

The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest S21 Pro model from Bitmain, which offers 15 joules per terahash (J/T). Bitmain and Cleanspark Seal Deal […]

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Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs

Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining RigsOn Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s Arkon Expands Mining Fleet With 6 EH/S Boost From Bitmain Arkon Energy has revealed its acquisition of 27,700 bitcoin application-specific integrated circuit (ASIC) mining […]

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Bitmain Reveals S21 Pro Bitcoin Miner: Pioneering 15 Joules per Terahash 

Bitmain Reveals S21 Pro Bitcoin Miner: Pioneering 15 Joules per Terahash On Friday, the producer of bitcoin-specific application-specific integrated circuit (ASIC) mining equipment, Bitmain, unveiled the latest Antminer S21 Pro model during the World Digital Mining Summit (WDMS). This new device features a hashrate of approximately 234 terahash per second (TH/s) and boasts a much lower energy efficiency of 15 joules per terahash (J/T). New Antminer […]

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Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth

Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% SalesAfter its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increase in its annual sales compared to the previous year. Dubai Bitcoin Miner Phoenix Group Records Substantial Increase in Year-on-Year Sales […]

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