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Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable

Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still ProfitableWhile bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years ago, with processing power of more than 8 […]

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique

BTC’s Price Rise Gives 5-Year-Old Mining Rigs New Life — Bitcoin Hashrate Jumps Close to 20% Since Last Week

BTC’s Price Rise Gives 5-Year-Old Mining Rigs New Life — Bitcoin Hashrate Jumps Close to 20% Since Last WeekAs bitcoin’s value has increased, the global hashrate has been steadily climbing higher week after week. On Sunday, the hashrate dedicated to the Bitcoin network is hovering just above the 155 exahash (EH/s) handle and bitcoin’s price has made a great number of mining rigs more profitable. Older generation mining rigs like Bitmain’s Antminer S9 […]

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique

Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life

Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New LifeThe price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show that Bitcoin’s hashrate has seen a resurgence and because bitcoin’s price has increased, mining profitability and hashrate has followed suit. Today’s top bitcoin mining rig […]

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique

Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices

Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower PricesWhile bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries. Official Crypto Mining Rig Dealers Are Either Sold-out or Suspending Deliveries, Second-Markets Explode With Mining Products […]

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique

After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in Kazakhstan

After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in KazakhstanCanaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs are already deployed in the world’s largest landlocked country. Canaan Joins the Bitcoin Mining Fray The publicly-listed company Canaan (Nasdaq: CAN) has revealed the firm […]

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique

Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021

Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much larger yields. Blake256R14 and Ethash Machines Pull […]

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique

BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021

BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines. Microbt, Bitmain Sell the Most Profitable Bitcoin Miners on the Market, But […]

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique

Report: ASIC Giant Bitmain Pre-Orders 5nm Chips Produced by TSMC’s N5 Process

Report: ASIC Giant Bitmain Pre-Orders 5nm Chips Produced by TSMC’s N5 ProcessBitmain, one of the largest application-specific integrated circuit (ASIC) manufacturers in the world, is reportedly working with the Taiwan Semiconductor Manufacturing Company (TSMC) in order to leverage TSMC’s 5nm semiconductors. Industry sources say that the 5nm chips being created for Bitmain will start production in the third quarter. Chip Maker TSMC Reportedly Producing Semiconductors for […]

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique

Ebang Hopes to Capture a ‘Competitive Edge’ After Developing a Next-Generation 6nm Bitcoin Mining Chip

Ebang Hopes to Capture a ‘Competitive Edge’ After Developing a Next-Generation 6nm Bitcoin Mining ChipThe publicly-listed bitcoin mining rig manufacturer Ebang has announced the completion of a new 6nm ASIC mining chip. Ebang believes the next-generation mining chip will give the firm’s ASIC products a “competitive edge” in the ambitious bitcoin mining industry. Mass Production of 6nm Chips to Begin When Market Conditions Become Suitable During the last few […]

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique

Shenzhen-listed ICT Company Plans to Invest $155 Million in Microbt Bitcoin Mining Hardware

Shenzhen-listed ICT Company Plans to Invest 5 Million in Microbt Bitcoin Mining HardwareA Shenzhen-listed information and communications technology (ICT) company ZJBC has plans to invest in the bitcoin mining sector according to a recent announcement. ZJBC says that it aims to spend up to $155 million on Microbt manufactured ASIC mining rigs. Chinese ICT Firm ZJBC to Invest $155 Million Into Microbt Hardware A well known firm […]

MicroStrategy unveils Bitcoin-based decentralized identity protocol with Ordinals-inspired technique