Tether invests $150M in Jihan Wu’s crypto mining firm Bitdeer
[May 31 6:59 AM] Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said.
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Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
[Apr 27 11:30 AM] According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor…
Top 10 Bitcoin Mining Rigs of 2024: Leading the Charge in Crypto Earnings
[Mar 16 10:30 AM] Over the past month, the valuation of bitcoin has seen a notable increase, leading to significantly enhanced profits for today’s most sophisticated application-specific integrated circuit (ASIC) bitcoin mining devices. As of March 16, 2024…
Mining Digital Gold — These Are the Most Profitable Proof-of-Work Algorithms in 2024
[Jan 21 4:00 PM] In September 2022, Bitcoin’s SHA256 algorithm ranked as the seventh most lucrative proof-of-work (PoW) network for mining. Fast forward a year and four months, and this algorithm has ascended to become the third most profitable crypto…
Blockstream Preps New Sale of Notes Designed to Profit From Rebounding BTC Mining-Rig Prices
[Dec 13, 2023 8:00 AM]
ASIC Heavyweights: These Are the Most Profitable Proof-of-Work Algorithms in 2023
[May 24, 2023 8:30 AM] Eight months ago, there was a significant transformation in the realm of lucrative proof-of-work (PoW) mining algorithms when Ethereum made the transition from PoW to proof-of-stake (PoS). During that period, the prevailing consensus algorithms for…
Microbt Unveils New Whatsminer Bitcoin Mining Rig With 320 TH/s, Setting New Standard for Hashpower
[May 19, 2023 12:30 PM] During the Bitcoin 2023 conference in Miami, bitcoin mining rig producer Microbt unveiled three new additions to their Whatsminer series. The latest Whatsminer models, namely the M50S++, M53S++, and M56S++, boast hashpower ranging from 150 terahash…