Iris Energy Turns On 41 Megawatts of Bitcoin Mining Machines Ahead of Schedule
The firm will be adding another 50MW by the end of next month, bringing its total hashrate to 3.7 EH/s. Original Source
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Bitcoin App Developer Trust Machines Hires Coinbase, BNY Mellon Veterans
Trust Machines has hired Manas Mohapatra and Asiff Hirji, formerly of BNY Mellon and Coinbase respectively, in legal and advisory roles. Source
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Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design – Mining Bitcoin News
Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed during the Bitcoin 22 conference in Miami, Microbt showcased the company’s new Whatsminer M50 series, which offers hashrate speeds of
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Sphere 3D to Buy 60K NuMiner Machines for $1.7B
“The NM440 boasts a 440 TH/s processing hash rate, more than 8x the average bitcoin miner, with ~75% less energy usage, as substantiated by leading third-party testing company TÜV Nord’s certified lab BTL,” said Anthony Melman, chairman of NuMiner’s global board of directors. Melman was also appointed to Sphere 3D’s
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Sphere 3D Signs $1.7B Deal to Buy 60K NuMiner Machines
The deal for 60,000 miners for roughly $1.7 billion will make the NM440 models’ pricing around $28,000 each. The miners are being produced in coordination with leading technology suppliers, including Taiwan Semiconductor Manufacturing Company, Foxconn and Xilinx, according to NuMiner’s statement. Deliveries will start in the second quarter of 2022. Original
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Muneeb Ali’s Trust Machines Raises $150M
“With the early foundation built, it’s time to concentrate on unlocking the next level of applications and platform technology on Bitcoin, enhancing the platforms for speed, scale and functionality, and making Bitcoin apps a reality for hundreds of millions of users. This is why we launched Trust Machines,” Ali said
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Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines – Mining Bitcoin News
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner that boasts speeds of up to 198 terahash per second (TH/s). The new model is called the Antminer S19 Pro+ Hyd. and it leverages liquid cooling technology in order to
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Kosovo police seize 300 crypto mining machines amid electricity shortages
The police in Kosovo have ramped up their efforts to crack down on crypto miners in the country, confiscating more than 300 mining machines on Jan. 8 alone. An announcement issued by the Kosovo police on Jan. 8 revealed that it had seized 272 “Antminer” Bitcoin mining machines in the
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Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown – Mining Bitcoin News
Police in Kosovo seized another batch of over 200 mining devices as part of raids that started on Thursday. The offensive against underground crypto farms was launched after authorities in Pristina banned the power-hungry minting of digital currencies amid an energy crisis in the country. Authorities in Kosovo Confiscate Mining Hardware
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Malaysia Seizes 1,720 Bitcoin Mining Machines in Electricity Theft Crackdown – Bitcoin News
Police in Malaysia have shut down a bitcoin mining operation and seized 1,720 bitcoin mining machines in a major electricity theft crackdown following public complaints. “Police inspected 75 premises around the district and 30 of them were found to be carrying out illegal bitcoin mining activities and stealing electricity.” Malaysian Authorities
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