ethereum mining – DIGIT INFO

Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge

DIGIT — Tue, 06 Sep 2022 20:30:42 +0000

While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated to Ethereum toward “other GPU mineable coins.” Hive’s Technical Team Researches Other GPU Mineable Coins On September 6, Hive Blockchain Technologies (Nasdaq: HIVE) published the company’s […]

Go to Source

As The Merge Gets Closer, Ethereum’s Hashrate Dropped Over 26% Since the Network’s All-Time High 45 Days Ago

DIGIT — Tue, 19 Jul 2022 16:30:31 +0000

While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second […]

Go to Source

Ethereum’s Hashrate Surpasses Lifetime High as The Merge Gets Closer

DIGIT — Sat, 04 Jun 2022 14:10:07 +0000

Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on Saturday, June 4. Presently, Ethereum’s hashrate is coasting along at 129 PH/s and the network’s top mining pool Ethermine commands 0.24% of the network’s hashrate. Ethereum’s Hashrate Captures Another Record High […]

Go to Source

Ethereum Hashrate Taps an All-Time High Amid This Week’s Crypto Market Meltdown

DIGIT — Sun, 15 May 2022 18:30:24 +0000

Amid the crazy week in the world of cryptocurrencies and the Bitcoin network’s mining difficulty reaching a lifetime high at 31.25 trillion, Ethereum’s hashrate tapped an all-time high on May 13, at block height 14,770,231. Cryptocurrency miners continue to dedicate large quantities of processing power toward the second-largest crypto network in terms of market capitalization. […]

Go to Source

Nicehash Software ‘Fully Unlocks’ Nvidia’s Hashrate Reducing Technology

DIGIT — Sun, 08 May 2022 18:00:03 +0000

On Saturday, the cryptocurrency mining platform Nicehash revealed the company has “fully [unlocked] Nvidia’s [Lite Hash Rate]” graphic processing units (GPUs). Nicehash says the firm’s Quickminer mining software is the first protocol that can unlock LHR GPU cards by 100%. Nicehash Says Software Is the First to Fully Crack Nvidia’s Lite Hash Rate Technology According […]

Go to Source

Today’s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits

DIGIT — Sun, 17 Apr 2022 19:00:53 +0000

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash, […]

Go to Source

Ethereum’s Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge

DIGIT — Sat, 09 Apr 2022 14:00:18 +0000

While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday, Ethereum’s hashrate reached a high of 1.131 petahash per second (PH/s), jumping 13% in 89 days. Ethereum’s Hashrate Climbs 13% Higher […]

Go to Source

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’

DIGIT — Sat, 29 Jan 2022 17:00:26 +0000

In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs). However, crypto miners now say the move was pointless, and the mining organization Nicehash details that the hashrate limiter scheme introduced by Nvidia “did not […]

Go to Source

Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High

DIGIT — Tue, 28 Dec 2021 07:30:11 +0000

20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s). […]

Go to Source

Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves

DIGIT — Thu, 11 Nov 2021 21:49:38 +0000

According to the firm, they mine close to 20 BTC per day.

Go to Source