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CleanSpark's mining expansion continues with Wyoming facilities

[Aug 1 6:17 PM] The US miner is now the second-largest by market cap, after flipping Riot Platforms.

Bitcoin Mining and HPC Leaders Unite to Create Synteq Digital

[Jul 23 10:00 AM] SunnySide Digital (SunnySide) and Cryptech Solutions (Cryptech), two wholesale distributors and service providers for digital asset mining and HPC data center equipment, have joined forces to launch Synteq Digital (Synteq).Synteq Digital aims to…

Bitcoin miner Marathon increases 2024 hash rate target to 50 EH/s

[Apr 25 8:07 PM] If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024.

From Cyberspace to Outer Space: Will Fiat Imperialism Push Mining Off-Planet?

[Oct 13, 2023 10:30 AM] From Cyberspace to Outer SpaceTension is building in the mines. As the 4th Halving nears and the block reward trims to 3.125 bitcoin per block, miners must not only adapt to a significantly diminished reward, but contend with an increasingly…

Blockstream Launches ‘BASIC Note’ To Capitalize On Anticipated ASIC Market Recovery

[Aug 15, 2023 8:00 AM] Blockstream, a top-tier Bitcoin infrastructure firm, has joined forces with STOKR, a trailblazing digital platform for alternative assets based in Luxembourg. Their collaboration has birthed a new investment offering: The Blockstream ASIC (BASIC)…

Bitcoin Mining Machine Efficiency Doubled in Five Years

[Jul 26, 2023 7:39 AM] A recent report by Coin Metrics has news for fans of energy efficiency: ASIC miners overall are reducing their energy consumption per coin produced. But which are the most efficient? For Mining Week, CoinDesk dug deeper to determine which of 11…

MicroBT Brings ASIC Manufacturing To America In Partnership With Riot Platforms

[Jun 26, 2023 7:47 AM] Riot Platforms, the largest public U.S. Bitcoin mining company in terms of developed capacity, has made a groundbreaking announcement regarding a partnership with Bitcoin ASIC manufacturer, MicroBT. The two major bitcoin companies will bring the…

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…

MicroBT COO Jordan Chen Discusses The Company's Long-Term Goals And The Newest Whatsminers At Bitcoin 2023

[May 24, 2023 3:03 PM] MicroBT, a leading manufacturer of Bitcoin mining rigs, is focused on addressing the need for upgraded power sources in bitcoin mining. In an interview conducted at Bitcoin 2023 in Miami Beach, MicroBT's COO, Jordan Chen, emphasized the company's…

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 Releases New Line Of WhatsMiner M50 Series At Bitcoin 2023

[May 18, 2023 2:25 PM] MicroBT, the Bitcoin ASIC manufacturer behind the WhatsMiner line of ASIC mining machines, unveiled its latest offerings at Bitcoin 2023 in Miami Beach. Dr. Zuoxing Yang, the founder and CEO of MicroBT, highlighted the importance of "High density…

Blockware Solutions Launches ASIC Marketplace To Simplify Bitcoin Mining Access

[Apr 3, 2023 9:00 AM] The new marketplace enables customers interested in acquiring hash rate to easily compare different miner listings.Blockware Solutions, a professional Bitcoin mining services company, has announced the public launch of its Blockware Marketplace…

The economics of cryptocurrency mining: Costs, revenues and market trends

[Feb 18, 2023 8:00 AM] Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry.

CleanSpark Acquires 20,000 Bitcoin Miners For New Facilities

[Feb 16, 2023 4:09 PM] The new miners will contribute to CleanSpark’s ongoing expansion, just as the Bitcoin market ramps up.CleanSpark Inc. has purchased 20,000 brand new Antminer S19j Pro+ units, the latest generation of Bitmain’s bitcoin mining machines, for $43.6…

Luxor Technologies Launches The First Bitcoin Mining ASIC Request-for-Quote Platform

[Feb 1, 2023 8:00 AM] Luxor has launched the first ever ASIC RFQ platform with the goal of maximized market transparency and access.Luxor has launched the first ever ASIC RFQ platform with the goal of maximized market transparency and access. Luxor Technologies, a…

Understanding Bitcoin Network Hash Rate Increases

[Dec 8, 2022 7:30 PM] The difficulty adjustment can decrease profits for miners as the difficulty increases just as newer, more efficient hardware is released.This is an opinion editorial by Alex, a bitcoin miner with Kaboomracks. It is important for individuals looking…

Demand for Cryptocurrency Miners Rises in Russia Amid Low Prices of Hardware

[Dec 3, 2022 11:00 PM] Russia’s market for specialized crypto mining equipment has been seeing high demand over the past couple of months, with buyers attracted by the low price tags. Russian experts also predict an increase in the supply of used coin minting…

Hive Blockchain revenue declines by 44% Y/Y despite overall mining production surge

[Nov 15, 2022 12:15 PM] The company mined 31% more Bitcoin than in the same quarter last year.