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Tag: asic

Posted on August 5, 2022

Libby Coker linked company, Australia’s richest people lose financial reporting protection

The cloak of secrecy protecting financial dealings of Australia’s wealthiest people, and a rich-list company linked to Corangamite Labor MP Libby Coker, will be removed after federal parliament …
Posted on August 5, 2022

Antminer S19 XP dropped in a bid to swing crypto miners back into profit

Phil Harvey mentioned that basing the economics of mining on one metric does not provide an accurate picture of the mining industry.
Posted on August 4, 2022

One way Bitcoin miners can make money: Selling electricity back to Texas

A Bitcoin mining outfit said it made $9.5 million in credits selling electricity back to the power grid of Texas at a premium when energy demand rose to record levels during a heatwave last month.
Posted on August 3, 2022

Here’s one way Bitcoin miners can make money: Selling electricity back to Texas

A Bitcoin mining biz said it made $9.5 million selling electricity back to the power grid of Texas at a premium when energy demand rose to record levels during a heatwave last month. Riot Blockchain, …
Posted on July 26, 2022

Even with the power of 25 RTX 3080 GPUs, this Ethereum mining ASIC will soon be useless

An ASIC walks into a bar and meets the crash and the merge. Bitmain has released its Antminer E9 Ethereum miner (opens in new tab), which delivers performance that utterly destroys any GPU setup …
Posted on July 21, 2022

Compass Mining Announces 75MW Site Expansion with Compute North

Compass Mining, the world’s first and largest online marketplace for bitcoin mining hardware and hosting, is proud to announce its hosting partnership with Compute North at its Granbury, Texas TIER 0™ …
Posted on July 14, 2022

Beyond The kWh: Factors That Bitcoin Miners Need To Consider

KWh aside, there are other important factors for miners to consider in both the choosing of their machine and the operational decisions they make.
Posted on July 14, 2022

Bitcoin Mining Rig Prices Slump to Near 2-Year Lows Amid Celsius Bankruptcy

Celsius’ mining unit is said to have auctioned off some of its newly purchased mining rigs at fire-sale prices back in June, before filing for bankruptcy.
Posted on July 9, 2022

Bitcoin Mining Loaner Program Helps Teach New Users

Local meetups are implementing bitcoin mining lending programs to give members a chance to try home mining and learn about the Bitcoin network.
Posted on July 7, 2022

Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?

Beset with multiple challenges, Bitcoin miners continue to liquidate their reserves, and a handful are selling more BTC per month than they make, but is there a silver lining?

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