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Bookmarking Crypto InsightsWed, 30 Nov 2022 20:30:02 +0000en-US
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3232Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
https://www.digit.info/data-shows-theres-no-profits-left-for-bitcoin-miners-that-cant-obtain-cheap-electricity-run-efficient-mining-rigs/
Wed, 30 Nov 2022 20:30:02 +0000https://www.digit.info/2022/11/30/data-shows-theres-no-profits-left-for-bitcoin-miners-that-cant-obtain-cheap-electricity-run-efficient-mining-rigs/Read more]]>During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only three application-specific integrated circuit (ASIC) […]
]]>Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner
https://www.digit.info/meet-the-antminer-s19-xp-bitmain-reveals-asic-manufacturers-most-powerful-bitcoin-miner/
Fri, 12 Nov 2021 14:30:37 +0000https://www.digit.info/2021/11/12/meet-the-antminer-s19-xp-bitmain-reveals-asic-manufacturers-most-powerful-bitcoin-miner/Read more]]>At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s) and uses 27% less electricity per terahash than the most efficient and […]