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Bitcoin Mining
Jack Dorsey’s nano Bitcoin mining chip heads to prototype
Block has completed the design of its new prototype ASIC chip which it says will fast-track its plan to bring “open source” Bitcoin mining rig design to market. Own this piece of history Collect this article as an NFTBlock, a financial…
Bitcoin advocates rally at Texas State Capitol to oppose bill cutting mining incentives
“When you target one industry the way they are with this bill, that’s bad policy no matter what the industry you’re targeting,” said Satoshi Action Fund CEO Dennis Porter. 1230 Total views 12 Total shares Own this piece of history…
Core Scientific to increase ASIC server capacity by 75 MW
The Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational. 124 Total views 5 Total shares United States Bitcoin (BTC) miner Core Scientific has signed a new…
Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners
Record-breaking heat waves are being documented across the world as extreme weather is worsening due to climate change. States throughout America are continuing to see temperatures rise above 100 degrees Fahrenheit (38 degrees Celsius),…
The Merge is Ethereum’s chance to take over Bitcoin, researcher says
Ethereum's imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin. 629 Total views 7 Total shares Ethereum researcher, Vivek Raman, is convinced…
Not just Bitcoin price: Factors affecting BTC miner profitability
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin.Closely tied to the drop in the BTC price, Bitcoin mining profitability has…
Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery
The reduced difficulty allows Bitcoin miners to confirm transactions using lower resources, enabling smaller miners a fighting chance to earn the mining rewards. 420 Total views 7 Total shares The difficulty in mining a block of…
Marathon Digital keeps on mining despite BTC price slump
Earlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC. 1220 Total views 14 Total shares Despite data showing that the Bitcoin…
US lawmakers urge EPA to consider the potential benefits of crypto mining
“Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group of 14 lawmakers. 171 Total views 9 Total shares A group of 14 United States senators and House…
Russia seems to be preparing to mine Bitcoin with flare gas
One of the world's largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining. 47 Total views 7 Total shares The Russian government continues…
