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Browsing Category
Mining
U.S. Investigation Pressures TSMC to Cut Ties with Bitmain-Affiliate Sophgo
TSMC’s halt on Sophgo chip supplies amid a U.S. probe could disrupt China’s AI and mining chip markets. TechInsights reports Huawei’s new AI chip, made by TSMC, potentially violating U.S. tech export…
Meet the Sealminer A2: Bitdeer’s New ASIC in the Bitcoin Mining Arena
This week, Bitdeer (Nasdaq: BTDR), a publicly listed firm in bitcoin mining and rig production, unveiled its latest product: the Sealminer A2. Bitdeer claims this machine clocks in at an impressive…
Illegal Bitcoin mining costs Malaysian electricity company over $100m
Malaysia’s national electricity provider, Tenaga Nasional Berhad, has reported losses exceeding 440 million ringgit (about $101 million) due to electricity theft linked to illegal Bitcoin mining…
Solo Bitcoin Miner Hits the Jackpot With $222,000 Reward
Solo Bitcoin miners are having a great year, it appears—despite the difficulty of minting the digital currency ever increasing. An individual miner on Thursday managed to process a block on the…
Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; Signals Upcoming Bull Run
Bitcoin difficulty hits an all-time high of 95.67T, which coincides with a record hashrate that went above 700 EH/s for the first time. The 3.9% jump in difficulty becomes the 13th positive adjustment…
Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago
Core Scientific is expanding its AI deal with CoreWeave. Russell Cann, Core Scientific’s chief development officer, talked to CoinDesk about the particulars of the bitcoin miner’s multi-billion dollar…
4 Best USB Bitcoin Miners in 2024
Bitcoin is a dominant force in the cryptocurrency industry, boasting the largest market cap out of all cryptocurrencies by a huge margin. It maintains its security by relying on a decentralized…
Wall Street Bitcoin Miner Expands to Ethiopia to Combat 170% Surge in Production Costs
The publicly-listed Bitcoin (BTC) miner from Wall Street, BitFuFu (NASDAQ: FUFU), announced today (Tuesday) its plans to acquire a majority stake in an 80-megawatt (MW) crypto mining facility in…
Bitcoin miner Revolve Labs proposes $60m data center in Minnesota
Colorado-based Bitcoin mining company Revolve Labs has announced plans to build a $60 million data center in Glencoe, Minnesota, as part of its effort to expand its mining capacity. The proposed…
The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice
Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the…