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US Imposes Import Restrictions on Bitmain ASICs: Report

[Nov 26, 2024 9:30 AM] The U.S. Customs and Border Protection Agency has halted imports of certain Antminer ASICs produced by Bitmain. Bitmain Rivals Spared The U.S. Customs and Border Protection Agency (CBP) has reportedly been blocking imports of Bitmain made Antminer…

Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1

[Sep 20, 2024 7:30 PM] This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its…

From Teraflux to Antminer: Exploring the Top ASIC Bitcoin Mining Rigs on the Market Today

[Aug 11, 2024 9:30 PM] During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash per second (PH/s) of hashpower—dipped to its lowest point in history, sliding below $38 per PH/s. In this…

Bitmain Launches Antminer S21 Pro, Its Most Advanced Bitcoin Miner

[Mar 29, 2024 2:56 PM] Today, one of the largest Bitcoin mining rig manufacturers, Bitmain, announced the launch of the Antminer S21 Pro at the Global Digital Mining Summit (WDMS) 2024, an event the company hosts.ANTMINER S21 Pro Newly Launched234T 15.0J/TCr

Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate

[Aug 22, 2023 12:00 AM] According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3…

Kiyosaki: Buy Silver Before It’s Gone; Michael Burry Bets Against Stocks — Week in Review

[Aug 20, 2023 6:30 AM] Rich Dad Poor Dad author Robert Kiyosaki urges buying silver before it’s gone, hedge fund manager Michael Burry has bet $1.6 billion on the stock market collapsing, and mining rig manufacturer Bitmain is set to reveal a cutting-edge BTC…

CleanSpark Announces Purchase Of 12,500 Antminer S19 XP Bitcoin Miners

[Jun 1, 2023 11:18 AM] CleanSpark Inc. has announced the purchase of 12,500 Antminer S19 XP bitcoin mining machines for a total price of $40.5 million. The machines were acquired at a lower price than the current market average, costing $23 per terahash, according to a…

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…

Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed

[May 15, 2023 11:30 PM] According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made…

CleanSpark To Nearly Double Bitcoin Mining Capacity With $144.9M Antminer Purchase

[Apr 11, 2023 7:00 AM] The public mining company has purchased 45,000 Antminer S19 XP miners in line with its goal of reaching 16 EH/s by end of year.CleanSpark Inc., a public Bitcoin mining company, has announced its purchase of 45,000 brand-new units of the Antminer…

Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1

[Apr 4, 2023 7:08 PM] 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

[Mar 13, 2023 2:00 AM] 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

[Feb 17, 2023 11:21 AM] 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?

[Jan 31, 2023 1:15 PM] Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers?

Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices

[Dec 31, 2022 1:00 PM] Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and the spot market price of bitcoin dropped below the cost of production. Currently, with electricity costs at $0.07 per kilowatt-hour…

Bitcoin mining revenue lowest in two years, hash rate on the decline

[Nov 27, 2022 12:40 AM] 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.