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Bitmain Launches Antminer L9 With Enhanced 16 GH/s Capacity for Scrypt-Based Coins

Bitmain Launches Antminer L9 With Enhanced 16 GH/s Capacity for Scrypt-Based CoinsBitmain has announced the release of the Antminer L9, an application-specific integrated circuit (ASIC) miner tailored for coins that use the Scrypt algorithm, such as litecoin and dogecoin. The company reports that this new model provides 16 gigahash per second (GH/s) in hashing power and achieves an energy efficiency of 210 joules per gigahash (J/G). […]

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Shifting Sands of Bitcoin Mining: How Hydro-Cooling Tech is Leading the Charge Post-Halving

Shifting Sands of Bitcoin Mining: How Hydro-Cooling Tech is Leading the Charge Post-HalvingNow that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit (ASIC) mining rigs has shifted significantly. It is now essential to ensure electricity is inexpensive and machines are efficient in terms of joules per terahash. The following is an examination of today’s top six ASIC miners […]

Metallica’s X account hacked to promote crypto token

Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas Grid

Applied Direct Response — ERCOT Study Shows Bitcoin Mining Is Beneficial to the Texas GridOn Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s study indicates that bitcoin mining operations are flexible operations that can be beneficial to the Texas grid during the upcoming winter and extreme peak load times. ERCOT Report Says Texas […]

Metallica’s X account hacked to promote crypto token

Analyst Says Duke Energy Corporation Is Studying Bitcoin Mining Applied to Demand Response

Analyst Says Duke Energy Corporation Is Studying Bitcoin Mining Applied to Demand ResponseAccording to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered with bitcoin miners that are enrolled in Duke’s DR programs. […]

Metallica’s X account hacked to promote crypto token

Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus

Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 FocusCloudflare, an internet services and DDoS protection company, has announced a new strategy regarding its Web3 experiments. The company revealed it will run Ethereum validator nodes as part of its commitment to help to scale the internet by using proof-of-stake (PoS) consensus technologies. This will ostensibly allow the company to access the energy efficiency and […]

Metallica’s X account hacked to promote crypto token

Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain Relevant

Solana Co-Founder Believes Bitcoin Needs to Change to Proof-of-Stake Consensus to Remain RelevantAnatoly Yakovenko, one of the co-founders of Solana, the proof-of-stake based, smart contracts enabled blockchain, issued a series of statements criticizing bitcoin’s consensus algorithm. In an interview on CNBC, Yakovenko stated that bitcoin might lose adoption if it doesn’t change to a proof-of-stake (PoS) consensus algorithm. Other organizations have also attacked bitcoin, hinting at this […]

Metallica’s X account hacked to promote crypto token