Bitcoin ASIC Miner

bitcoin mining problems
Bitcoin Mining

Is the Bitcoin Network Becoming Unsustainable?

The electricity used to power the Bitcoin network is enough to power the Czech Republic more than once over. New figures by a PwC researcher have shown that the Bitcoin network uses...

Luke Whelan | 1 month ago
bitcoin mining profitability
Bitcoin

A Bitcoin Price of $15,000 Will Make BTC Mining Profitable Post...

Post halving, Bitcoin miners will continue to reap profits, only if BTC hits a price range of $12,000 – $15,000.  BTC Miner Breakeven Requires Even Higher Market Valuations To...

Christine Vasileva | 2 months ago
Bitcoin mining industry experiences worst year in half decade
Bitcoin

Bitcoin Mining Experiences Worst Year in Half a Decade

Bitcoin miners held a stunning competition in 2019, lifting both the hashrate and difficulty to all-time highs. But it turns out for significant stretches, mining pools absorbed...

Christine Vasileva | 4 months ago
Bitcoin Is Re-Entering A Bull Market, Fundstrat’s Tom Lee Confirms
Bitcoin

Crypto Miners Produce Bitcoin on Accelerated Schedule

In 2019, miners have been revving up their ASIC to make use of the last Bitcoin block rewards before the halving in May 2020. The extremely high mining activity also meant that during...

Christine Vasileva | 4 months ago
bitcoin mining russia largest
Bitcoin Mining

New Siberian Bitcoin Mining Farm is Russia’s Largest

BitRiver, the newly launched mining farm in Siberia, is now Russia’s largest bitcoin (BTC) mining facility. Mining billionaire Oleg Deripaska’s venture is already attracting...

Christine Vasileva | 4 months ago
CFTC Chairman, America Should Lead Blockchain Space
ASIC miners

Bitmain Loses Bitcoin Mining Pool Dominance Amid Internal Issues

Antpool and BTC.com have lost a bit of their old glory, significantly shrinking the share of Bitcoin block rewards on a daily and weekly basis. The BTC mining pools, headed by Bitmain...

Christine Vasileva | 5 months ago
Google Quantum Computer 3 million bitcoin in 2 seconds
Bitcoin

3 Million Bitcoin in 2 Seconds: Google Quantum Computer

Less than 3 million Bitcoin (BTC) remain to be mined, with the process expected to take around 121 years. Some allege however, that Google’s quantum computer, Sycamore, could do...

Christine Vasileva | 5 months ago
bitcoin mining is green
Bitcoin Mining

Bitcoin (BTC) Mining is Actually Green

Bitcoin (BTC) mining uses up as much electricity as Austria in a year, at 73.12 TW/h, shows data collected by Digicomist.com. This exorbitant energy use is viewed as one of the...

Christine Vasileva | 6 months ago
bitfury bitcoin mining
Bitcoin ASIC Miner

Bitfury Opens Direct Sales Of Bitcoin Mining Equipment To SMEs

Bitcoin mining rig manufacturer, Bitfury, has published prices on its equipment for the first time. According to an article in Russian-language, RBK-Krypto, the company has opened...

Emilio Janus | 7 months ago
bitcoin mining
Bitcoin Mining

Blockstream Bitcoin Mining Services Aim To Enhance Decentralization

Blockstream yesterday announced a brace of new Bitcoin mining services, with an eye firmly on network decentralization. Blockstream Mining is a co-location and hosting service housed...

Emilio Janus | 8 months ago
bitcoin sv fork
ASIC miners

Bitcoin SV Blockchain Temporarily Split Into Three

Bitcoin SV experienced a serious network split on Saturday after a massive 210 MB block was mined on the network, temporarily splitting the network into three different chains. Big...

Matthew Hrones | 8 months ago
ASIC miners

Sia Announces Hard Fork to Brick Bitmain ASICs

After close to a year of debates within its community, Sia has finally gone ahead with a hard fork to brick out Bitmain and Innosilicoin ASICs. Following the hard fork, only miners...

Osato Avan-Nomayo | 2 years ago