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Two weeks after announcing it had purchased a record 17,595 Antminer S19 ASICs, Core Scientific has announced an expanded partnership with a multi-billion hedge fund. Go to Source Powered by WPeMatico
During the last seven days, the price of bitcoin has dropped 4.8% from a high of $9,700 on June 24, to a low of $8,965 on June 27. Since then the price has increased and the price per bitcoin is back above the $9k zone but much lower than before. The lower price has affected … Read more
On June 16, 2020, Bitmex researchers published a report that noted bitcoin mining rig manufacturers have consolidated a great deal and in the future, Bitmex researchers predict that “only 2 to 3 players will survive into the longer term.” There’s still a number of SHA256 mining rig manufacturers today, and regional reports claim that the … Read more
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 mining machines are becoming useless. … Read more
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 all cryptocurrency mining operations. Hyperblock Equipment Public Sale … Read more
Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations. Go to Source Powered by WPeMatico
Riot Blockchain has announced the purchase of an additional equipment for its post-halving operations. Go to Source Powered by WPeMatico
Technical issues with the Bitmain Antminer S17/T17 heat sinks caused nearly a third of them to short out, according to the Blockstream CSO Go to Source Powered by WPeMatico
Riot Blockchain has entered into a “co-location mining services contract” to share Coinmint’s data center amid low crypto prices Go to Source Powered by WPeMatico
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 Go to Source Powered by WPeMatico
