18 / 38 Relevant items tagged with #Mining
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Ocean Adds Block Template Selection Option
[Dec 22, 2023 11:00 AM] OCEAN Mining has released an update to their pool software allowing miners to individually choose between a set of different block templates to mine on. Miners can choose between these three templates at this time: The default OCEAN Knots template…
Bitcoin’s Hashrate Hits Historic 527 EH/s Lifetime Peak, Shattering Previous Records
Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M
[Dec 19, 2023 11:00 PM] On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these…
Cipher Mining Enhances Bitcoin ASIC Fleet With 7.1 EH/s Bitmain Deal
[Dec 18, 2023 4:00 PM] On Monday, Cipher Mining revealed its acquisition of 7.1 exahash per second (EH/s) in new mining equipment from Bitmain. The company invested in Bitmain’s T21 series miners, totaling a purchase price of $99.5 million. Cipher Mining’s…
Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M
[Dec 18, 2023 8:13 AM] The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025.
Hut 8 agrees to develop mining site to build equity with Celsius creditors
[Dec 18, 2023 5:54 AM] Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and will be powered by more than 215 MW of energy.
US Ambassador to Argentina Hails Bitcoin Miner’s ‘Genius’ Flared Gas Power Generation Plans
[Dec 18, 2023 1:30 AM] The U.S. Ambassador to Argentina, Marc R. Stanley, has lauded Unblock Computing’s bitcoin mining initiative for its innovative use of flared gas in generating electricity. Ambassador Stanley commended the plan for its dual benefits: aiding…
Bitcoin fees hit 20-month high as miner revenues match $69K BTC price
[Dec 17, 2023 4:51 AM] Bitcoin miners are the main beneficiaries of current sky-high transaction fees, data shows, but many longtime market participants have little time for complaints.
Echoes of 2013: Bitcoin Mining Concentration Reaches Decade-High Levels
[Dec 16, 2023 1:00 PM] In the past 72 hours, Antpool has dominated 26.48% of Bitcoin’s overall hashrate, closely followed by Foundry USA at 24.95%. Together, these two mining pools wield 51.43% of the prevailing 502 exahash per second (EH/s) total hashrate. This…
Bitcoin Difficulty Set for Upturn Amid Escalating Hashrate and Soaring Miner Fees
[Dec 16, 2023 9:00 AM] After the last adjustment that resulted in a slight 0.96% reduction, the upcoming difficulty retarget on Dec. 23, 2023 is anticipated to bring about an increase, eclipsing the previous decline, as the hashrate regains its upward trajectory. The…
Australian Bitcoin Miner Iris Energy Set to Acquire 8,380 New-Generation T21 Miners
[Dec 16, 2023 1:00 AM] Bitcoin mining company Iris Energy Limited said on Dec. 15 that it expects to take delivery of 8,380 new-generation T21 miners from Bitmain. Delivery of the mining machines is expected to help Iris Energy fulfill its goal of increasing its…
Government of Russia Eyes Commodity-Like Crypto Exports
[Dec 15, 2023 11:30 PM] The government of Russia might allow crypto miners to sell their cryptocurrency like other exports such as gas. Ivan Chebeskov, deputy minister of finance, specified that this option was part of a bill to legalize cryptocurrency mining introduced…
Blockstream targets continued Bitcoin miner surplus with Series 2 BASIC Note
[Dec 14, 2023 8:01 AM] Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets.
Nym co-founder and Chelsea Manning discuss decentralization and privacy
[Dec 13, 2023 7:20 AM] Nym co-founder Harry Halpin and security and hardware consultant Chelsea Manning chat with The Agenda about privacy and the benefits of a decentralized VPN.
ECB assesses environmental footprint of cash, sees room for improvement
[Dec 12, 2023 3:30 PM] In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has advantages of its own.
Bitcoin’s Difficulty Drops for First Time Since September
[Dec 12, 2023 10:30 AM] The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes…
Bit Origin Secures $6.74 Million for New Bitcoin Mining Facility in Wyoming
[Dec 12, 2023 8:30 AM] Bitcoin mining firm Bit Origin has announced that the company has secured a $6.74 million investment to build a new mining facility in Cheyenne, Wyoming. The data center will be a new 25-megawatt (MW) site that aims to accommodate between 4,480 to…
$300M crypto long liquidations — 5 things to know in Bitcoin this week
[Dec 11, 2023 2:33 AM] BTC price action obliterates latecomers betting on continued upside as Bitcoin analysts and miners breathe a sigh of relief.
Bitcoin Halving Is Poised to Unleash Darwinism on Miners
[Dec 8, 2023 6:00 AM] Strong miners might be about to eat the weak ones as the reward for mining BTC gets cut in half, experts say.
UAE Bitcoin Miner Signs Order Worth Over $380 Million With Microbt
[Dec 8, 2023 1:00 AM] United Arab Emirates-based bitcoin miner Phoenix Group PLC has signed an order worth more than $380 million with Whatsminer mining rig maker Microbt. Bijan Alizadehfard described the collaboration with Microbt as a reflection of his company’s…
Phoenix seals $380M deal with WhatsMiner for green Bitcoin mining
[Dec 7, 2023 9:48 AM] Phoenix Group is acquiring hydro cooling mining equipment from WhatsMiner worth over $136 million, with the option of an additional $246 million purchase.
Early Bitcoin Miner Apparently Sent 1,000 ‘Satoshi Era’ BTC to Trading Desks This Week
[Dec 7, 2023 1:16 AM] These bitcoin were mined at the very early stages of the network for an estimated $100, as per CryptoQuant.
Bitcoin Miner DMG Acquires 4,550 T21 Antminers for $12.1 Million
[Dec 6, 2023 12:30 PM] DMG Blockchain Solutions, a bitcoin miner and cryptocurrency technology company, announced that the firm has purchased 4,550 T21 Antminer bitcoin miners from Bitmain Technologies. DMG detailed that it paid $12.1 million for the next-generation…
Crypto Miner Phoenix Group's Shares Surge 35% in Abu Dhabi Stock Market Debut
[Dec 5, 2023 9:22 AM] The UAE-based company said its initial public offering (IPO) in November was 33-times oversubscribed.
Bitcoin Miner Riot Secures 66,560 Microbt ASIC Miners to Boost Hashrate by 18 EH/s
[Dec 4, 2023 5:30 PM] The bitcoin mining corporation Riot Platforms, a publicly traded firm within the industry, recently announced a significant expansion of its operations. The firm has completed its largest-ever acquisition of application-specific integrated circuit…
Core Scientific explains its latest bankruptcy plan ahead of court date
[Dec 4, 2023 3:58 PM] If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027.
Bitcoin Miners’ November Revenue Peaks at $1.16 Billion, Setting 2023 Record
[Dec 3, 2023 4:30 PM] November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by…
Cornell Study: Bitcoin Can Power Renewable Energy Deployments and Climate Action
[Dec 2, 2023 3:00 AM] A recent study led by investigators from Cornell University has outlined how Bitcoin can help finance renewable energy installations by using surplus power even while these facilities are not yet integrated into the U.S. power grid. Texas is said…