Bitcoin News / Bitcoin.com - 2 years ago
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 $...
Cryptocoins Exchanges / Binance - 2 years ago
You’ve probably heard claims like “Bitcoin mining consumes more energy than all of Argentina” or “Bitcoin mining uses more energy than all of Google operations”. Claims that will earn the raising of eyebrows, but fail to address the fundamental quest...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than 200 exahash per second (EH/s) in computational power d...
More / Bitcoin Reddit - 2 years ago
TL;DR - The ASIC mining landscape is evolving. Future scheduled halvings may reduce the future overall necessary hashpower to maintain integrity for the bitcoin blockchain. The present hashpower we see might be considered a "peak". There is a possibi...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second (EH/s) and during the course of that time, 13,233 block rewards were found by 16 mining pools. According to three-month statistics, Foundry USA...
Bitcoin News / Bitcoin Stack Exchange - 2 years ago
wallet recovery - old bitcoin mining game apps how to collect money? - Bitcoin Stack Exchange Bitcoin Stack Exchange is a question and answer site for Bitcoin crypto-currency ent...
Bitcoin News / Bitcoin.com - 2 years ago
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that trillions of dollars will flow into cryptocurrencies, particularly bitcoin. In addition, he said bitcoin mining will “save the world.” O ...
by COINS NEWS - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
Disclaimer: The article previously attributed the below development to Applied Blockchain, a London-based Shell-backed distributed ledger technology (DLT) firm. However, the article is updated to attribute the SEC filing with Applied Blockchain Inc....
Cryptocoins News / The Cointelegraph - 2 years ago
On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the mining site will be outfitted with 3.8 megawatts...
Cryptocoins News / The Cointelegraph - 2 years ago
A Bitcoiner has "pooled" off another mining innovation. The "waste" heat generated by mining Bitcoin (BTC) is used to warm his swimming pool. Bitcoin enthusiast Jonathan Yuan had kids who “love swimming, but the year before [he started using waste he...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin mining hashrate seems to have hit a phase of stagnation over the past couple of months after riding a continuous uptrend since last July. Bitcoin Mining Hashrate Has Stagnated In The Last Two Months As per the latest weekly rep...
Cryptocoins News / Blockchain - 2 years ago
On Monday, Intel, a US multinational semiconductor chip maker corporation headquartered in California, announced that it has launched its second-generation Bitcoin mining chip, commonly known as “Intel Blockscale ASIC,” which will increase the energ...
Cryptocoins News / The Cointelegraph - 2 years ago
It all started with a tweet by Dennis Porter, podcast host and self-described Bitcoin advocate, that led to a heady discussion about renewable energy and the role of Bitcoin miners. Porter asserted that Bitcoin (BTC) creates incentives to build out r...
Bitcoin News / Bitcoin.com - 2 years ago
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will...
Bitcoin News / Bitcoinist - 2 years ago
The newly-named Blockscale ASIC has been one of the year’s top bitcoin stories. A juggernaut like Intel entering the bitcoin mining space is huge, and the company’s low-energy PR strategy has worked. The headline of today’s story is that the first ba...
Bitcoin News / Bitcoin.com - 2 years ago
On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the com...
More / Bitcoin Reddit - 2 years ago
On Monday, semiconductor manufacturing titan Intel unveiled its new Bitcoin (BTC) mining chip, Blockscale. The application-specific integrated circuit, or ASIC, hardware is designed to operate on proof-of-work blockchains using SHA-256 encryption.As...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing,” according to a report by Arcane Research. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate and is almost entirely powered by hydropower.Using...
Cryptocoins News / NewsBTC - 2 years ago
Bitcoin mining difficulty has been on the rise as the network has gained more popularity. This is a far cry from what was expected after China, which was known as the mining capital of the world at that point, had laid a blanket ban on crypto mining...
Cryptocoins News / The Cointelegraph - 2 years ago
As Russia continues to work on new regulations for the cryptocurrency industry, the Russian Ministry of Finance has expressed fresh support for Bitcoin (BTC) mining.Russia should encourage the development of industrial-level cryptocurrency mining in...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin mining stocks have not fared the best in recent times. Although they were one of the winners of 2021, their fall from grace had been even more rapid than their climb there in the first place. While the digital asset itself was recording losse...
Cryptocoins News / NewsBTC - 2 years ago
Pete Sessions, Texas rep, stated clearly that the growth of the Bitcoin mining sector could expand energy independence in the US. US Congressman Peter Sessions has graced the public with an audacious statement on Bitcoin mining in the country. Pete...
Cryptocoins News / Blockchain - 2 years ago
In a dramatic twist, the Russian Deputy Minister of Energy Evgeny Grabchak is pushing for the regulation of Bitcoin () mining, given the in the country. As by the Russian News Agency, the deputy minister wants a legal framework to be floated as s...
