bitcoin mining
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According to Miningstore.com, U.S. tariffs set to take effect August 1st impose duties of 36% on Thailand‑made ASICs, 32% on those from Indonesia, and 25% on machines from Malaysia and China raising landed costs for new mining hardware. These sharp increases apply to new and replacement ASICs, affecting valuation of both future purchases and existing…
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Ethiopian Electric Power generated approximately $200 million in the first half of 2025 from bitcoin miners, leveraging surplus hydroelectric power from the Grand Ethiopian Renaissance Dam . Annual revenue from bitcoin mining now makes up around 18 percent of total electricity sales for EEP, a jump from $55 million over ten months in late 2024. Over 25 mining firms have signed…
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For the past month or so there were several bitaxe devices at my micro data center that indicated they were in a state of overheating. You will see a tab on your dashboard that says “Bitaxe has overheated – See settings.” It is likely that your machine needs a firmware update. While I did create…
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Eric Trump recently stated, “Bitcoin is leading the way in digital transformation,” during a public appearance, underscoring the Trump family’s increasing involvement in the cryptocurrency sector. Eric Trump and his brother, Donald Trump Jr., have been actively expanding their presence in the crypto industry. They co-founded American Bitcoin, a mining venture in partnership with Hut…
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In a recent CNBC interview, Michael Saylor, Executive Chairman of Strategy, addressed concerns about quantum computing’s potential impact on Bitcoin’s cryptographic security. He acknowledged that if a powerful quantum or supercomputer capable of breaking current cryptographic standards were developed, the Bitcoin protocol could undergo a software update to adopt quantum-resistant cryptographic algorithms. Saylor emphasized that…
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If your SupraHex unit is not appearing on your mining pool dashboard, it’s likely due to outdated or incompatible firmware. To resolve this issue: Check for the latest firmware release by clicking the Check in the settings section of your miners graphical user interface (GUI). After the Download of the “esp-miner.bin” and “www.bin” files upload…
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Bitdeer Technologies Group (NASDAQ: BTDR) has successfully completed testing of its latest Bitcoin mining chip, SEAL03, achieving a power efficiency of 9.7 joules per terahash (J/TH) in ultra power-saving mode. This milestone aligns with the company’s SEALMINER technology roadmap and reflects its commitment to advancing mining performance and energy efficiency. Developed in collaboration with Taiwan…
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According to Reuters, Bitmain, Canaan and MicroBT—together controlling over 90 % of the global Bitcoin mining hardware market—have begun relocating parts of their production to the U.S. in order to avoid escalating tariffs introduced by the Trump administration. Per Reuters, Bitmain initiated U.S. assembly of its mining rigs in December 2024, shortly after Trump regained office.…
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Bitdeer Technologies Group (NASDAQ: BTDR), a leading technology company specializing in blockchain and high-performance computing, has announced plans to expand its Bitcoin mining operations into Ethiopia. The company has signed a Share Purchase Agreement (SPA) and a turnkey agreement to acquire and develop a 50-megawatt (MW) mining data center in the Oromia Region for $7.5…
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Bitmain’s upcoming Antminer S23 Hyd 3U is poised to debut in January 2026, delivering a peak hashrate of 1.16 PH/s for Bitcoin miners using the SHA-256 algorithm. The unit consumes 11020W of power and boasts an energy efficiency of 9.5 J/TH, placing it among the most efficient hydro-cooled models to date. Compact in a 3U…
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The rm command in Linux is used to remove (delete) files and directories from the filesystem. It stands for “remove” and is one of the most powerful and potentially destructive commands if used without care. A basic usage like rm file.txt deletes the specified file permanently — there’s no trash or recycle bin involved. To…
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Kentucky has recently enacted House Bill 701, known as the “Bitcoin Rights” bill, which was signed into law by Governor Andy Beshear on March 24, 2025. This legislation safeguards the rights of individuals to self-custody digital assets, operate blockchain nodes, and engage in digital asset transactions without fear of discrimination. It also prohibits local zoning…
