Bitcoin Mining – Page 118

BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed

BTC's Hashrate Touches 120 Exahash, But the Price Has Not Followed On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower. […]

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Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season

Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower stations have been fined already for powering bitcoin farms without authorization. Also […]

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Canaan’s New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain

Chinese mining ASIC producer Canaan plans to roll out machines based on 5-nanometer chips in Q1 2020

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2019’s Bitcoin Miners Are 5x Faster Than Predecessors

Data Shows 2019's Bitcoin Miners 5x Faster Than Predecessors High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors.” Advanced chip technology has grown relentlessly and it’s significantly bolstered ASIC device […]

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Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin

Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America. Several companies are working to expand the niche and U.S.-based EZ Blockchain shared […]

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The Best Way of Mining Bitcoin: Ultra Mining

The Merkle Ultra Mining The rise in price and interest for Bitcoin have generated a surge in mining facilities. But these facts have also made it hard for the average individual to make a profit from mining Bitcoin on his own. Ultra Mining wants to make Bitcoin mining accessible to everyone and help to contribute towards the decentralization of crypto mining. The Ultra Mining Bitcoin Service Nowadays, to mine Bitcoin on your own you need an expensive and powerful ASIC hardware, not to mention maintenance and technical configurations required to keep the mining in optimal parameters. Ultra Mining created its Bitcoin cloud mining to

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Mining Chip Maker Ebang Next in Line to File for US IPO

ASIC Chip Maker Ebang Next in Line to File for US IPO Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer plans to follow Canaan’s footsteps with an attempt to be listed on the American […]