With a new quarterly production record, Marathon Digital is now on track to meet its mid-year target of 23 exahashes.
Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward
The act of mining a valid BTC block solo is so rare that the event has occurred only 270 times out of the 700,000 blocks produced in the last 13 years.
CleanSpark boosts computing power by 37% with thousands of new Bitmain rigs
The Bitcoin miner announced the purchase of 20,000 new Antminer S19j Pro+ at a 25% discount, approximately $13.25 per terahash.
Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?
Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers?
Bitcoin mining revenue lowest in two years, hash rate on the decline
The total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down to $11.67 million, a number last seen on Nov. 2, 2020, when Bitcoin’s trading price was around $13,500.
Bitcoin price plummets while miner hash rate soars to all-time highs
The overall security of the Bitcoin protocol, or hash rate, hit a new high of 158 exahash per second despite the price being down over 50% year to date.
Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay.
CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’
“We are seeing unprecedented opportunities in this market,” said CleanSpark president and CEO Zach Bradford.
Old Bitcoin mining rigs risk ‘shutdown’ after BTC price slips under $24K
New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%.
Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard
Sustainable Bitcoin mining gets a boost from the joint venture between mostly hydro-powered BTC miners Merkle Standard and infrastructure provider Bitmain.
US-based Bitcoin miner Gryphon buys 7,200 rigs from Bitmain
Gryphon has doled out $48 million to buy Bitmain’s latest Bitcoin mining hardware set for release in the summer.
US firm splashes out on 4,800 Bitcoin miners worth $34M
A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain.
Bit Digital Completes $13.9M Deal for New Mining Machines
The company acquired nearly 18,000 new ASICs in an all-stock transaction.
Marathon Brings New Rigs Online, Sees Becoming Cash Flow Positive
The company expects 1,000 more S19 machines by December.
Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds
For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China, according to a recent report by CoinShares Research.
Bitmain Launches New Zcash Miner Touting 3 Times More Hashing Power
Bitmain has unveiled a new miner for the privacy-oriented cryptocurrency zcash, which it says, has three times more hashing power than its predecessor.
Bitmain’s Latest Bitcoin Miner Update Activates Controversial ‘AsicBoost’
Bitmain has published a firmware update for its Antminer S9, using controversial “AsicBoost” code to give an efficiency hike when mining bitcoin.