electric

2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate

December 29, 2022 Bitcoin.com

2 pools

Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas temporarily went offline on Dec. 25, 2022. Furthermore, three-day hashrate distribution statistics recorded on Dec. 29, 2022 indicate that two mining pools command more than […]

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Spot Ethereum ETFs could debut week of July 15, says ETF expert

Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid

December 25, 2022 Bitcoin.com

70 EH/s

Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas curtailed their hashpower during a massive winter freeze. Statistics show that close to 100 exahash dropped off the network but rebounded from the 170 EH/s low to 240 EH/s by 12:00 p.m. […]

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Spot Ethereum ETFs could debut week of July 15, says ETF expert

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

November 30, 2022 Bitcoin.com

Antminer S19 Pro+ Hyd.

During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only three application-specific integrated circuit (ASIC) […]

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Spot Ethereum ETFs could debut week of July 15, says ETF expert

Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $800 a Month Mining Ethereum

January 10, 2022 Bitcoin.com

2018 Tesla Model 3

According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a Bitmain Antminer S9 to his car’s electrical system to mine bitcoin, and he’s mined monero with the car’s […]

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Spot Ethereum ETFs could debut week of July 15, says ETF expert

Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify

June 14, 2021 Bitcoin.com

Ark Invest

On Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However, there’s a big problem with this goal, as nobody knows exactly how to measure 50% clean energy usage let alone precisely where miners are geographically […]

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Spot Ethereum ETFs could debut week of July 15, says ETF expert

Daymak to Launch Crypto Mining Vehicle by 2023

June 3, 2021 Bitcoin.com

bitcoin.com

Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies. According to the specs, it will also feature solar charging to lessen the load on the battery while driving. The company, which has only offered the car for 60 days, claims to have managed […]

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Spot Ethereum ETFs could debut week of July 15, says ETF expert

The Wisemining Sato Boiler- A Product That Aims to Heat Your Home and Offset Costs by Mining Bitcoin

March 20, 2021 Bitcoin.com

ASIC

In just over two weeks, a company called Wisemining plans to launch a new product called Sato, a boiler that can provide heat to a home by leveraging ASIC mining rigs for heat production. It also means that the heater provides revenue in the form of cryptocurrency, which offsets the costs of heating a home […]

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Spot Ethereum ETFs could debut week of July 15, says ETF expert