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"With attractive electricity pricing established last year under an eight-year private party power contract, both facilities are expected to lower overall energy costs for our portfolio, despite rising commodity costs in the energy market," Geoff Morphy, president and chief operating officer of Bitfarms, said in the press release. Original Source
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On Wednesday, Argo lowered its 2022 hashrate expectations from 5.5 EH/s to 3.2 EH/s, citing delays in the delivery and deployment of Intel's (INTC) Blockscale ASIC chips as they are redesigning them. The redesign is meant to increase the efficiency of the machines, close to Bitmain's Antminer S19 XP, whereas
Read MorePlease note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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The firm attributed the increased hashrate guidance to improved machine allocation from rigmaker MicroBT. Original Source
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The miner said demand for its hosting capacity remains strong and continues to exceed available supply. Original Source
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The facility in Sandersville, Georgia, will mainly use nuclear and hydro energy sources. Original Source
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The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing the decentralized ecosystem through a growing network of global BTC miners. The hash rate correlates to the computing power required by a miner’s computer equipment to confirm a transaction.
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Bitcoin miner CleanSpark doubled its computing power over the past three months to reach 2 exahash per second (EH/s), joining the ranks of top publicly traded North American miners.The Las Vegas-based miner is now producing around 10 bitcoins per day “sustainably” and expects to add more capacity. “We have more
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“Our operational expansion continues at pace, with both our Georgia and Pennsylvania facilities ramping up rapidly – this is a tremendous achievement from our team given the current bottlenecks in global supply chains,” Mawson CEO and founder James Manning said in the statement. Original Source
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