bitcoin mining
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the People’s Bank of China (PBOC) has referred to Bitcoin as an “investment alternative,” signaling a change from its previous stringent stance on cryptocurrencies. This development was highlighted during the Boao Forum for Asia, where Li Bo, then deputy governor of the PBOC, acknowledged the potential of digital assets in the investment landscape. Historically,…
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Marathon Digital Holdings (NASDAQ: MARA) stands out as the sole U.S.-based Bitcoin mining company operating its own mining pool, known as MARAPool. In contrast, other publicly traded mining companies such as CleanSpark (NASDAQ: CLSK) and Riot Platforms (NASDAQ: RIOT) do not maintain proprietary mining pools. Instead, they allocate their hashing power to external pools…
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Matthan “Bill” Burton, a seasoned engineer and journalist in the Bitcoin mining industry, has formally identified the Avalon Q as the most interesting Bitcoin miner of 2025, citing its strong balance of efficiency, affordability, and flexibility for both industrial and at-home use. “Here’s my official take on bitcoin mining efficiency within the bitcoin mining market.…
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Bitcoin Mining Engineer Matthan “Bill” Burton opens Season 14 of BitcoinVersus.Tech with a candid assessment of the global mining hardware race. In the Season 14 premiere of BitcoinVersus.Tech, engineer and consultant Matthan “Bill” Burton delivered a pointed message about America’s position in the bitcoin mining hardware sector. Burton stated that the dominance of Chinese manufacturers…
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Multiple governments and sovereign wealth funds are exploring the establishment of strategic Bitcoin reserves, influenced by the United States’ recent policy shift under President Donald Trump. In March 2025, Trump signed an executive order creating a Strategic Bitcoin Reserve, utilizing over 200,000 BTC seized by U.S. authorities. This reserve is intended to be held indefinitely…
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An individual from the OSMU Discord community has engineered a NerdOctaxe mining rig achieving a hash rate of 10.8 terahashes per second (TH/s) with a power consumption of 157 watts, resulting in an efficiency of 14.5 joules per terahash (J/TH). The NerdOctaxe project is an open-source initiative aimed at developing efficient cryptocurrency mining hardware. The…
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Esptool.py is a Python-based utility created by Espressif for flashing firmware onto ESP8266 and ESP32 chips. It operates cross-platform—working on Windows, Linux, and macOS—and is executed from the command line using Python. Although its name ends in .py, users interact with it using simple terminal commands, not actual Python code. The command-line arguments passed to…
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Canaan Inc. reported a 9.8% increase in Bitcoin mined for March 2025, totaling 90 BTC. The China-based manufacturer and mining operator continues to strengthen its presence in North America, adding 0.32 exahashes per second (EH/s) to its operational capacity. The company also confirmed plans to deploy an additional 4.7 EH/s in computing power, highlighting a…
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The final part of the “Power is Money” series explores the correlation between physics and economics, emphasizing the principle of conservation of energy and the Kardashev Scale. It discusses the significant role of Bitcoin mining in showing how energy mastery and smart resource management can drive economic growth, positioning Bitcoin as a revolutionary asset in…
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Hut 8 Corp., a prominent energy infrastructure platform, has partnered with Eric Trump and Donald Trump Jr. to establish American Bitcoin Corp., a new subsidiary dedicated to industrial-scale Bitcoin mining and the development of a strategic Bitcoin reserve. In this strategic move, Hut 8 contributed the majority of its ASIC miners to American Data…
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In the Bitcoin mining industry, the notion of pricing land based on a per-megawatt ($X/MW) metric is a misconception. As told by Bitcoin Mining Expert Curtis Harris of Compass Mining, Land transactions are typically valued per unit of area, such as acres, and not by their electrical capacity. For instance, leasing five acres of land…
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In a recent deployment, a 5V 70A power supply unit was successfully configured to power three NerdAxe machines—each consuming between 10 to 20 watts, amounting to roughly 6 to 12 amps of draw collectively. The PSU, delivering a robust 350 watts of potential, operates efficiently within its threshold, making it ideal for compact mining environments…
