0.2 Zettahash: Bitcoin’s Hashrate Taps New Lifetime High, Mining Difficulty Nears ATH

January 2, 2022 Bitcoin.com

209 EH/s

Bitcoin’s hashrate tapped a lifetime high on the first day of 2022 reaching 209.39 exahash per second (EH/s). During the last 12 months, Bitcoin’s hashrate has increased by 47.92% from the 141.55 EH/s recorded on January 3, 2021. Bitcoin’s Hashpower Reaches a New Milestone The processing power and security dedicated to the Bitcoin (BTC) network […]

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Demand for Mining Hardware Spikes in Russia, Prices Rise

December 19, 2021 Bitcoin.com

ASICs

The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines has multiplied exponentially while video cards have been in short supply leading to rising prices. Crypto Miners in Russia Looking to Increase Computing […]

Cash Remains Main Financing Method for Terrorist Groups, Though Use of Crypto Is Rising: Singaporean Government

Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race

December 12, 2021 Bitcoin.com

All time high

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 11. Bitcoin Hashrate Taps 194 […]

Cash Remains Main Financing Method for Terrorist Groups, Though Use of Crypto Is Rising: Singaporean Government

While BTC’s Hashrate Climbs Higher, Bitcoin’s Mining Difficulty Nears All-Time High

November 20, 2021 Bitcoin.com

Bitcoin

During the last 90 days, Bitcoin’s hashrate has been climbing higher and has been slowly nearing the all-time high (ATH) the network captured six months ago in May. The accelerated hashrate has caused the network difficulty to rise, as Bitcoin’s mining difficulty has adjusted upward nine times in a row to date and it’s closing […]

Cash Remains Main Financing Method for Terrorist Groups, Though Use of Crypto Is Rising: Singaporean Government

Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs

November 15, 2021 Bitcoin.com

Marathon Plans to Raise 0 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs

$500 million

On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets to Purchase Bitcoin and ASIC Devices Marathon (Nasdaq: MARA), is one of the largest U.S. […]

Cash Remains Main Financing Method for Terrorist Groups, Though Use of Crypto Is Rising: Singaporean Government

Meet the Antminer S19 XP — Bitmain Reveals ASIC Manufacturer’s Most Powerful Bitcoin Miner

November 12, 2021 Bitcoin.com

Antminer

At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s) and uses 27% less electricity per terahash than the most efficient and […]

Cash Remains Main Financing Method for Terrorist Groups, Though Use of Crypto Is Rising: Singaporean Government

Iran Continues Crackdown on Illegal Crypto Mining, Seizes Hundreds of Mining Rigs

November 10, 2021 Bitcoin.com

bitcoin.com

Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mining units illegally connected to the grid. Power Utility Busts 14 Crypto Farms in Homes Across Iran The Iranian government continues […]

Cash Remains Main Financing Method for Terrorist Groups, Though Use of Crypto Is Rising: Singaporean Government

Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From Canaan

October 30, 2021 Bitcoin.com

3 Exahash

On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation Avalon mining rigs. Hive expects to increase the operation’s hashrate from 1.2 exahash per second (EH/s) to 3 EH/s by March 2022. Hive Secures an […]

Cash Remains Main Financing Method for Terrorist Groups, Though Use of Crypto Is Rising: Singaporean Government

Nevada-Based Bitcoin Mining Operation Cleanspark Purchases 4,500 Bitcoin Miners From Bitmain

October 12, 2021 Bitcoin.com

ASIC bitcoin miners

Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19 bitcoin mining rigs. The company says the mining devices were purchased by leveraging a portion of the company’s bitcoin holdings. Cleanspark Purchases 4,500 ASIC Mining Rigs From Chinese Manufacturer Bitmain The publicly-listed bitcoin mining firm Cleanspark […]

Cash Remains Main Financing Method for Terrorist Groups, Though Use of Crypto Is Rising: Singaporean Government

Bitmain Will Not Ship Crypto Mining Equipment to China

October 11, 2021 Bitcoin.com

Antminer

Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown on crypto mining operations in the country and a recently reiterated wide ban on activities related to cryptocurrencies. Bitmain Stops Mining Rig Deliveries to Mainland […]

mining rigs

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