Saturday, May 11, 2024
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Weaker Bitcoin (BTC) Miners Selling BTC in Droves as Bitmain Debuts Cheaper Hardware

[sociallocker id="55298"] Weaker bitcoin miners are engaging in massive selloffs as Bitmain debuts a cheaper model in the Antminer series.  Inefficient Miners Offloading Bitcoin Likely Signaling Capitulation Smaller Bitcoin miners appear to be capitulating as figures show massive BTC selling. This trend comes as the May halving sees block reward slashed by

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Critical Mining Hardware Manufacturer To Launch Second US Factory

The world’s largest semiconductor manufacturer and third-largest chip manufacturer, Taiwan Semiconductor Manufacturing Co., or TSMC, has announced plans to build a $12 factory in Arizona.The move comes after TSMC suffered significant disruptions across its supply chain amid the coronavirus outbreak in China.With Bitmain relying on TSMC for its next-generation chips

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