mining rigs

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

October 10, 2021 Bitcoin.com

Antminer

As 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 […]

Trump confirms Bitcoin will become a US strategic reserve asset if elected

Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office

October 1, 2021 Bitcoin.com

authorization

The director of Tehran’s Stock Exchange has resigned from his post following the discovery of cryptocurrency mining rigs in his organization’s basement. The scandal has erupted as licensed crypto miners in Iran are reportedly resuming operations amid fears of new restrictions in the winter. Iran Stock Exchange CEO Loses Job for Illegal Crypto Mining Under […]

Trump confirms Bitcoin will become a US strategic reserve asset if elected

Demand for Crypto Mining Rigs in Vietnam Rises With Bitcoin Prices, Report Reveals

September 7, 2021 Bitcoin.com

AMD

Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the ongoing coronavirus pandemic that has been affecting the Asian country. Vietnam’s Sales and Prices of Crypto Mining Rigs Spike in September Demand for crypto mining […]

Trump confirms Bitcoin will become a US strategic reserve asset if elected

Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life

August 30, 2021 Bitcoin.com

$0.12 per kWh

The 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 […]

Trump confirms Bitcoin will become a US strategic reserve asset if elected

Mining Hardware Thief Gets 3-Year Sentence in Russia

August 30, 2021 Bitcoin.com

Arrested

Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing mining hardware worth over $20,000 and sentenced to three years in prison. Russian Convicted of Stealing Mining Rigs Receives Prison Sentence A 34-year-old man from […]

Trump confirms Bitcoin will become a US strategic reserve asset if elected

Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware

August 6, 2021 Bitcoin.com

Abkhaz

Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The facilities were minting digital coins in violation of a mining ban imposed by the government to mitigate electricity shortages. Over 80 Mining Rigs Confiscated From Crypto Farms in Abkhazia Dozens of mining rigs have been […]

Trump confirms Bitcoin will become a US strategic reserve asset if elected

Financial Report Shows Bit Digital Is Transferring 14,500 Bitcoin Miners From China to the US

July 15, 2021 Bitcoin.com

14500 miners

Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States. Bit Digital says after the Chinese government’s decision to ban bitcoin mining, the company “accelerated” its migration strategy to […]

Trump confirms Bitcoin will become a US strategic reserve asset if elected

Greenidge Joins Foundry USA, Deal Gives Bitcoin’s Fifth-Largest Pool 800 Petahash

July 14, 2021 Bitcoin.com

Bitcoin Miners

Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Greenidge revealed that it has purchased 2,300 Microbt-manufactured Whatsminer M30S mining rigs and also secured financing for 6,000 Bitmain-made Antminer S19 devices. Greenidge Partners […]

Trump confirms Bitcoin will become a US strategic reserve asset if elected

Ukraine Shuts Down Illegal Mining Farm With 150 Rigs

July 3, 2021 Bitcoin.com

$POWER

Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region. Authorities in Ukraine Seize Over 150 ASICs From Crypto Mining Farm The Security Service of Ukraine (SBU) […]

Trump confirms Bitcoin will become a US strategic reserve asset if elected

Blockware Mining Raises $25M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’

June 30, 2021 Bitcoin.com

Blockware Mining Raises M — Firm Looks to Make ‘Hashrate in the US More Globally Competitive’

$25 million

On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.” Blockware Raises $25 Million, Purchases 14,000 ASIC Miners Blockware Mining, a bitcoin mining infrastructure and […]

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