Cryptocurrency Analysis and News Portal
While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December 8, 2021, tapping 194.95 exahash per second. Bitcoin miners have increased their processing power a great deal despite the fact that mining bitcoin is 8.33% harder to mine since December
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The company has secured over 40,000 of the latest-generation mining machines from MicroBT and Bitmain for immediate delivery through 2022 for the new marketplace. For now, the company will be providing new machines only that it has sourced from manufacturers, Foundry’s own inventory, its network of resellers and its existing
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CleanSpark (CLSK) said it has purchased 2,597 more Antminer S19 computers in order to capitalize on favorable bitcoin spot prices.The new machines will be delivered “immediately,” adding to the mining company’s 2,711 rigs that have already been purchased and scheduled for delivery this month, the company said in a statement.“We
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Bitcoin mining company Fortress Technologies has ordered 4,500 Bitmain Antminer S19j Pro machines as it seeks to capture a greater share of mining revenue.The purchase will more than triple Fortress’ hashrate from 195 petahash per second to 645 PH/s, the company announced Monday. A petahash is a measure of computational
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Hive Blockchain Technologies ordered another 6,500 Avalon bitcoin mining machines from manufacturer Canaan (NASDAQ: CAN).The order comes after the Canadian company (NASDAQ: HIVE) bought 4,000 units in August and 6,400 in January.The latest purchase will push Hive’s bitcoin mining capacity to 2 exahash per second by December and 3 EH/s
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The product comes at a time when bitcoin mining has become a lucrative business with high profit margins thanks to a rally in the price of the world’s biggest cryptocurrency by market value. However, the challenges of setting up machines and the lack of access to cheap electricity have made
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BEIJING, China, October 21, 2021, – AGM Group Holdings Inc. (“AGMH” or the “Company”) (Nasdaq: AGMH), an integrated technology company focused on providing fintech software services and producing high-performance hardware and computing equipment, today announced that it agreed to supply MinerVa Semiconductor Corp. (“MinerVa”) with 25,000 units of its 100
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BEIJING, China, October 13, 2021 – AGM Group Holdings Inc. (“AGMH” or the “Company”) (Nasdaq: AGMH), an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment, today announced that it has received a purchase order (the “Order”) from Nowlit Solutions Corp, a leading
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The company’s latest purchase will add 450 PH/s in computing power, or almost 45% of CleanSpark’s current capacity, once the machines are fully operational. CleanSpark currently operates over 10,000 miners. The total number of miners slated for delivery over the next 12 months now is 24,580. Original Source
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Crypto mining firm Argo Blockchain has agreed to buy 20,000 mining machines for the data center it is building in West Texas.The Bitmain Antminer S19J Pro machines will increase London-based Argo’s hashrate, a measure of computing power, by more than 2 exahash to a total of 3.7 exahash by the
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