Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’

February 12, 2022 Bitcoin.com

The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the company will “contribute to the development of blockchain technologies” by offering “energy-efficient accelerators.” Intel executive Raja M. Koduri explained that the company expects its circuit innovations will deliver “1000x better performance per watt” than today’s GPU or SHA256-based […]

Data Shows a Myriad of Crypto Networks Are More Profitable to Mine Than Bitcoin

November 27, 2021 Bitcoin.com

Algorithm

As the end of the year approaches, digital currency values have risen a great deal in 2021 and crypto asset miners have been profiting as a result. According to statistics, the most profitable coin to mine at the end of November is kadena, as an 18 terahash (TH/s) machine can get up to $326 per […]

Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life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

As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges

July 5, 2021 Bitcoin.com

Algorithms

While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin and Chia’s proof-of-storage networks. Both networks have seen space allocation spike significantly […]

Myriad Proof-of-Work Blockchains See Significant Hashrate Losses

June 29, 2021 Bitcoin.com

ASIC

While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have seen hashrates drop significantly as well. Some of the largest digital currencies, in terms of market valuation, lost considerable dedicated hashpower over the last few days. PoW Chains Feel the […]

Bitcoin’s Hashrate Recoups Some Loss, 2021’s Largest Mining Difficulty Drop Expected Next Week

June 27, 2021 Bitcoin.com

100 EH/s

On Saturday, Bitcoin’s SHA256 hashrate managed to climb back above the 100 exahash per second region after it slid to a low of 91 EH/s three days ago. Meanwhile, in five days the network’s mining difficulty change is approaching and it could see the difficulty drop over 20%. Bitcoin Hashrate Climbs Back Above 100 EH/s, […]

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

June 24, 2021 Bitcoin.com

Antpool

Canaan 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 […]

Genesis Digital Assets Purchases 10,000 Bitcoin Miners from Canaan

June 17, 2021 Bitcoin.com

Abdumalik Mirakhmedov

The Beijing-based ASIC mining rig manufacturer Canaan announced the sale of 10,000 bitcoin mining machines to the firm Genesis Digital Assets Limited. Canaan plans to deliver the 10,000 A1246 and A1166 Pro Avalonminers by the end of the month. Canaan to Deliver 10,000 Bitcoin Miners to Genesis Digital Assets The company Canaan (Nasdaq: CAN) has […]

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

May 23, 2021 Bitcoin.com

Antminer

While 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 […]

Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets

April 29, 2021 Bitcoin.com

Canaan to Sell Million in Next-Generation Bitcoin Miners to Genesis Digital Assets

Abdumalik Mirakhmedov

The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis Digital Assets. Genesis will be acquiring Canaan’s A1246 Avalonminer rigs that produce 90 terahash per second (TH/s) and deliveries will be shipping during the second half of 2021. Canaan and […]

SHA256

Share this video