Category: Bitcoin Mining
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Secondary Mining Markets Surge Amid ASIC Manufacturing Delays
Miners are “scrambling” for any available machines as manufacturers stay sold out.
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Bitcoin price short-term pullback is very possible for 4 key reasons
Bitcoin price is hovering around $19,000 again after a sharp intraday drop. There are four reasons BTC is primed for a further pullback.
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Jack Dorsey’s Square commits $10M to green energy for Bitcoin mining
The new Bitcoin Clean Energy Investment Initiative will aim to make mining more eco-friendly.
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Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter
Just recently, the China-based bitcoin mining rig manufacturer Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the top-performing mining rigs on the market, according to today’s network difficulty and electrical rates below $0.06 per kilowatt-hour (kWh). Meanwhile, bitcoin mining rig manufacturing competitors…
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Bit Digital Completes $13.9M Deal for New Mining Machines
The company acquired nearly 18,000 new ASICs in an all-stock transaction.
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Bitcoin Miners Saw 48% Revenue Increase in November
Nearly 11% of revenue came from fees, down slightly from October.
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Argo Reports 23% Monthly Revenue Increase, With 2,369 Bitcoin Mined Since January
Bitcoin miner Argo Blockchain reported Thursday that revenue climbed 23% to £1.48 million ($1.98 million) in November compared to £1.2 million ($1.6 million) the previous month. ● The London Stock Exchange-listed firm mined less bitcoin (BTC) in November (115 BTC) than it did in October (126 BTC) “due to changes in mining difficulty”, but bitcoin’s…
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Oldest Bitcoin mining pool ‘immortalizes’ bullish Reuters headline
Slush Pool encoded a Reuters headline in an apparent nod to the Bitcoin genesis block, which contains a banner from The Times.
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Mining City: A Blueprint for Success?
“Together we grow!” This is the slogan of Mining City, a company with a solid foundation in the cryptocurrency market. Is this catchphrase a real promise, or an overstated declaration? Let’s find out. Brick by Brick Cryptocurrencies are considered by many as the “gold of the digital age”. Just as the discovery of gold deposits…
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Hive Reports $7.4M Q2 Profit as Lower Costs More Than Offset ‘Big Spend’ on Expansion
Hive shares have gained over 1,200% in 2020 and trade near $1.22 over the counter.