An overview of techniques for boosting Bitcoin miner hashing power

Quick Take

• Bitcoin mining has entered a stage where the margin can reach 80% while the lead-time for new machines takes more than a year.
• That makes it more appealing to maximize the hashrate of existing ASIC miners when the energy cost is relatively less of a concern.
• But maximizing profits comes with potential problems. In this piece, we take a look at various techniques for hashrate boost and what pros and cons should be taken into account.