Cryptocurrency Analysis and News Portal
Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours. Reports from China show that a number of small mining operations are struggling and older
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Alex de Vries, the founder of the Digiconomist, has given a damning assessment of the electricity consumed by Bitcoin (BTC) mining in an interview with British media outlet, The Telegraph.According to de Vries, a single Bitcoin transaction expends the same quantity of electricity needed to power a British household
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Canadian tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in British Columbia. Per a Jan. 6 press release, DMG has purchased the new miners from Chinese mining giant Bitmain, with the total power consumption of approximately 1.5 megawatts. Initially announced
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Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13
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Back in the early days, when Bitcoin (BTC) was but a niche experiment for cypherpunks and basement-dwelling hobbyists, the process of its creation required little more than a budget CPU. Since that time, however, an entire industry has sprung forth and a quasi-gold rush rivaling that of the 1850s
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Leading Application Specific Integrated Circuit (ASIC) producer Bitmain announced two new series 17 Bitcoin (BTC) mining machines in a blog post published on Oct. 9.Bitmain: higher efficiency and hashrateBitmain co-founder Jihan Wu announced the S17+ and T17+ mining machines at the World Digital Mining Summit (WDMS) in Frankfurt. Bitmain
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