Intel has revealed the details regarding its Bitcoin mining machines, and it seems the first generation only offers one-third the hashrate of Bitmain’s best model while still consuming higher power in...
Tag: Miner
Bitcoin miner heats greenhouses in the Netherlands
Bitcoin (BTC) mining generates a lot of “waste” heat. As energy prices spiral out of control in Europe, miners have come up with creative ways of recycling the heat generated by solving valid Bitcoin ...
ConocoPhillips Selling Excess Gas to a Bitcoin Miner in North Dakota
So-called flaring, where excess natural gas is burned off into the atmosphere as part of oil drilling operations, has become standard industry practice because of the lack of transportation infrastruc...
ConocoPhillips is powering a bitcoin miner in North Dakota
ConocoPhillips Co (NYSE: COP) is supplying extra gas from one of its projects in the Bakken region to power a bitcoin miner in North Dakota, the oil and gas giant announced on Tuesday. ConocoPh...
Bitmain signs 500MW joint venture with sustainable BTC miner Merkle Standard
Beijing-based Bitmain has partnered with a United States-based sustainable Bitcoin miner, Merkle Standard, which will contribute capital investment, expertise and parts. As part of the joint venture...
Sustainable Bitcoin miner uses waste heat to dry wood
Norway is a bastion for renewable energy management in Europe. As much as 99% of Norway’s energy derives from hydropower, while the grid often enjoys a green energy surplus. But for Norway’s largest ...
“We Supply the Grid and Clean-up Waste Coal” Bitcoin Miner Tells Elizabeth Warren – Trustnodes
“We employ 21st century crypto mining techniques to remediate the impacts of 19th and 20th century coal mining in some of the most environmentally neglected regions of the United States.” – Stronghold...
Ahead of a Cold Blast, Texas’s Biggest Bitcoin Miner Shuts Down
The Whinstone mine cut power use or closed down completely for nearly eight days in February 2021, while winter storm Uri caused outages across the state. The factory reduces its power consumption or ...
BTC pushes for gains as solo miner solves a block single-handedly
BTC price is poised for sufficient gains as Hopium solved a block all alone Bitcoin miners and their profitability remains shaky as price has nose-dived recently 6.25 BTC reward received by hopium fo...
Crypto miner in Texas shuts down 99% of operations as winter storm approaches
With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining firms are powering down in anticipation of high demands on the state’s power grid. Speaking to Cointelegraph on W...
Bitcoin Miner Greenidge’s NY Power Plant Permit Delayed: Report
The New York State Department of Environmental Conservation (NYSDEC) has delayed its decision whether it will allow Greenidge Generation to continue to use it’s power plant in the town of Dresden for ...
Rising Solutions to the Miner Extractable Value Problem on Blockchains
If you are reading this article, you may be familiar with the concept of blockchains and how transactions are recorded, verified, and authorized on them. If not, there are several key steps a blockcha...
Bitmain’s new Bitcoin miner has speed upto 198 Terahash per second
Mining Rig manufacturers have announced launching of its new miner which speed can boast up to 198 TH/s of computing power One of the world’s largest bitcoin mining rig manufacturers Bitmain announced...
Largest North American Bitcoin miner to start trading at NASDAQ after SPAC merger
The largest Bitcoin miner in North America, Core Scientific Inc, is set to go public. Investors have approved a $4.3 billion merger with a Special Purpose Acquisition Company (SPAC). The Texas-based B...
North America’s Largest Bitcoin Miner Goes Public With a SPAC Merger (Report)
Investors of Core Scientific Inc. (a leading US bitcoin mining company) have reportedly approved a plan to get listed on Nasdaq. The firm started trading under the symbol CORZ. Nasdaq’s Newest Member ...
Bitmain Reveals Hydro Bitcoin Miner With 198 Terahash, Produces Almost Double the Power of Today’s Top Machines – Mining Bitcoin News
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner that boasts speeds of up to 198 terahash per second (TH/s). The new model is calle...
While BTC’s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth $1.8M – Featured Bitcoin News
Following the large string of block rewards from 2010 spent in November 2021, no block rewards from that year were discovered in December and throughout the next month up until January 21. On Friday, ...
ETH miner hits jackpot with $540K block reward
Individual miner has defied all odds and has mined 168 ETH The total worth of 168 ETH is around $540K This is 42 times the average block reward A singular Ether (ETH) digger struck it enormous by min...
Here’s Why You Should NOT Yet Buy the Bitcoin Dip, Miner Capitulation Ahead?
Well, the broader cryptocurrency has entered the second consecutive day of massive correction with Bitcoin bleeding deep red. Although Bitcoin has corrected a staggering 47% from its all-time high of ...
Sustainable Bitcoin Miner, Merkle Standard Buys 13,500 BITMAIN Mining Rigs for Eastern Washington Flagship Site – Press release Bitcoin News
press release PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, announced a new miner purchase order from Bitmain Technologies Limited....
Lucky ETH Miner Receives a Block Reward Worth $540K
An individual Ethereum miner who mined a complete block hit the jackpot by receiving 170 ETH for his efforts. Converted in USD value, the reward equals nearly $540,000 (calculated by the time when the...
How one Ethereum miner earned over $500k in block rewards
One Ethereum miner could be the luckiest in the space, as he single-handedly mined an entire ETH block and earned himself a cool reward of 168 ETH worth roughly $500,000. Solo miners get lucky with Et...
Individual ETH miner hits jackpot with $540K block reward
An individual Ether (ETH) miner struck it big by mining a block on their own and receiving a reward valued at about $540,000. The miner was operating through the 2miners Ethereum SOLO pool on Jan. 17...
An overview of techniques for boosting Bitcoin miner hashing power
January 19, 2022, 11:46AM EST • 10 min read 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...
Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto – Economics Bitcoin News
The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how it is a bet...
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins – Mining Bitcoin News
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of prop...
Crypto Miner Argo Diversifies Into Non-Mining Blockchain Business
Argo Labs will mainly focus on network participation and strategic diversification through the efficient deployment of the company’s crypto treasury assets. The network participation will consist of p...
$1.6 Billion Bitcoin Miner to IPO – Trustnodes
Rhodium Enterprises, the Texas based bitcoin miner is hoping to raise $1.6 billion in an Initial Public Offering on Nasdaq this Thursday. The company is offering 56,839,846 shares of Class A common st...
Bitcoin Miner Rhodium’s Planned IPO Values It at Up to $1.7B
Bitcoin miner Rhodium Enterprises plans to offer 7.69 million shares at $12-$14 each in an initial public offering (IPO), according to its U.S. Securities and Exchange Commission (SEC) filing. After t...
Bitcoin miner validates block and collects $ 260,000
Twice in the past few days, individual small miners have managed to validate a block by themselves and collect the 6.25 BTC reward. How Bitcoin mining works Currently, the total current computing pow...