Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life

Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New LifeThe price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show that Bitcoin’s hashrate has seen a resurgence and because bitcoin’s price has increased, mining profitability and hashrate has followed suit. Today’s top bitcoin mining rig […]

Go to Source

Powered by WPeMatico

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit

Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per UnitOn 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 than Microbt’s latest Whatsminer M30S model […]

The post Bitmain Unveils 2 Bitcoin Miners With Max Speeds Up to 110TH/s Per Unit appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Pangolin Miner Claims 16nm ASIC Miner Will Compete With 7nm Machines

Pangolin Miner Claims 16nm ASIC Miner Will Compete With 7nm MachinesOver the last few weeks, we’ve been reporting on the wide variety of new cryptocurrency miners entering the digital asset economy. Some of these newly created miners are bringing faster processing power and more optimized chips, while others have even built mining rigs that tether to a water-cooling system. Now another new SHA-256 mining rig […]

The post Pangolin Miner Claims 16nm ASIC Miner Will Compete With 7nm Machines appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Innosilicon’s T2-Turbo Bitcoin Miner is Powerful, But GMO’s B3 is Still the Champ

Innosilicon's T2-Turbo Bitcoin Miner is Powerful, But GMO's B3 is Still the ChampBitcoin mining is a very competitive industry. It has grown exponentially over the last few years. During the last nine months, there’s been a bunch of new entrants joining the mining rig manufacturing business like GMO Group, Halong Mining, and Ebang. Now there’s a new firm that has partnered with Samsung’s semiconductor foundry called, Innosilicon, […]

The post Innosilicon’s T2-Turbo Bitcoin Miner is Powerful, But GMO’s B3 is Still the Champ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin.org Reverts Back to ‘Fast’ and ‘Low Fee’ Descriptions on Front Page

Bitcoin.org Reverts Back to 'Fast' and 'Low Fee' Descriptions on Front PageThis week after a few months of controversy, the owners of Bitcoin.org reverted its descriptions about what Bitcoin is on the website’s front page back to “fast peer-to-peer transactions” and “low processing fees” after removing the descriptions this past January. The front page descriptions were changed by the website’s co-owner, a pseudonym called ‘Cobra Bitcoin,’ […]

The post Bitcoin.org Reverts Back to ‘Fast’ and ‘Low Fee’ Descriptions on Front Page appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico