March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs

March Bitcoin Mining Stats Show Climbing Revenue and Hashrate HighsAccording to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate has been around 341 exahash per second (EH/s) during the last 2,016 blocks or the last two weeks. This month, the mining pools Foundry USA and Antpool dominated the pack, accounting […]

Go to Source

Powered by WPeMatico

Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs

Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm’s fleet. Cleanspark CEO Says Proprietary Mining Model Gives Company Greater Control and Efficiency Cleanspark, the publicly listed […]

Go to Source

Powered by WPeMatico

Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG

Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIGThe bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per second (EH/s) of Greenidge’s mining capacity, and Greenidge further entered into a hosting deal with NYDIG for the same 2.8 […]

Go to Source

Powered by WPeMatico

SAI Tech Reveals 2 New Liquid Cooling Bitcoin Mining Containers Built for Overclocking Flexibility

SAI Tech Reveals 2 New Liquid Cooling Bitcoin Mining Containers Built for Overclocking FlexibilityOn September 28, the bitcoin mining operator and clean-technology company, SAI Tech, announced the launch of two liquid cooling bitcoin mining infrastructure products called the Tankbox and Rackbox. The two new models join the firm’s SAIHUB Box and feature plate cooling and immersion cooling technologies. SAI Tech Unveils Tankbox and Rackbox Bitcoin Mining Infrastructure Products […]

Go to Source

Powered by WPeMatico

Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022

Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States. The chief operating officer at Genesis, Andrey Kim, said the firm has been pleased with “the pace” of the bitcoin mining company’s U.S. […]

Go to Source

Powered by WPeMatico

Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry

On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware manufacturers and buyers by providing an all-in-one solution for mining […]

Go to Source

Powered by WPeMatico

Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower

Bitcoin's Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop LowerBitcoin’s hashrate has declined in recent times after reaching an all-time high on June 8, 2022, at block height 739,928. 30-day statistics show the hashrate has slipped from 243 exahash per second (EH/s) to today’s 178.44 EH/s, losing 26.56% during that time frame. After two drops in a row, the difficulty adjustment algorithm (DAA) is […]

Go to Source

Powered by WPeMatico

Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here

Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From HereOn Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop is the market’s bottom or if the fall could lead to deeper losses. At the time of writing, […]

Go to Source

Powered by WPeMatico