bitcoin mining
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Michael Saylor, the prominent Bitcoin advocate and Executive Chairman of MicroStrategy, has consistently emphasized the transformative potential of Bitcoin in terms of digital energy. Saylor explained, “That entire wave – digital music, digital maps, digital messages that created the Apple, Amazon, and Facebooks – it didn’t include the transformation of digital energy. And the fundamental…
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TeraWulf, a leading player in the Bitcoin mining industry, is preparing to launch its latest 2-megawatt facility, WULF Den, at the start of September. This state-of-the-art facility features a liquid-cooled system and was rapidly constructed within an existing building to speed up the deployment process. The WULF Den facility is part of TeraWulf’s broader strategy…
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Bankrupt Bitcoin miner Rhodium Enterprises has received court approval to secure a loan in either U.S. dollars or Bitcoin, allowing the company to choose between a $30 million loan or 500 Bitcoin from Galaxy Digital. This unique debtor-in-possession financing option comes as Rhodium faces mounting financial difficulties, having recently filed for Chapter 11 bankruptcy in…
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CleanSpark Inc. has acquired two Bitcoin mining sites in Wyoming, expanding its operational capacity by 75 MW. The first site, with 30 MW capacity, will employ high-efficiency S21 immersion XP mining machines and is set to be fully operational by end of 2024. CleanSpark’s CEO, Zach Bradford, emphasized the strategic importance of this move.
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Hive Digital Technologies Ltd., a leader in sustainable blockchain infrastructure, has announced a significant expansion of its operations with the purchase of 6,500 Canaan Avalon A1566 ASIC miners. The company has also commenced construction of a 100-megawatt green energy facility in Paraguay. The new ASIC miners, each delivering 185 terahashes per second (TH/s) with an…
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According to Nerdminer.store, a leading micro Bitcoin mining technology shop in Europe, the first assembly of the Bitaxe miner has been revealed, showcasing its innovative design tailored for efficiency. The miner features two prominent heatsinks designed to manage heat dissipation effectively and maintain optimal operational conditions during mining. Nerdminer emphasizes its commitment to open-source mining…
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The Bitaxe Gamma, a single ASIC Bitcoin miner, has been experiencing issues with its temperature sensor, leading to high and inconsistent readings. Investigations revealed that the EMC2101 integrated circuit was configured incorrectly, causing these anomalies. The development team has announced that a forthcoming update will address this configuration error, potentially enhancing the device’s thermal performance.…
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Compass Mining, a prominent provider of Bitcoin mining hardware and services, has announced plans to establish a new mining facility in Iowa. The company has acquired property and secured power agreements for the state-of-the-art site, which is set to begin operations with an initial capacity of 8 megawatts (MW) in January 2025. Future expansions aim…
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Bit Digital, Inc., a New York-based company, has reported a significant shift in its revenue streams, with high-performance computing (HPC) services surpassing Bitcoin mining for the first time. In the third quarter of 2024, the company generated $12.2 million from HPC services, compared to $10.1 million from Bitcoin mining. The decline in Bitcoin mining revenue,…
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Deutsche Telekom, Europe’s largest telecom, has started mining Bitcoin using surplus renewable energy in a pilot project called “Digital Monetary Photosynthesis.” The initiative, in partnership with Bankhaus Metzler, aims to stabilize energy grids by converting excess energy into digital assets, per Deutsche Telekom. The mining operations, hosted by Riva Engineering in Backnang, Germany, utilize surplus…
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The Bitcoin mining hardware market is experiencing notable price increases, with Bitmain’s Antminer S21 series units rising by 5-10% month-over-month across various marketplaces. Older models, such as the Antminer S19j Pro, have seen even more significant price hikes, with increases reaching up to 30% in the same timeframe. These price surges reflect a growing demand…
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Mawson Infrastructure Group Inc. reported a significant financial upturn for October 2024, with total monthly revenue reaching approximately $4.89 million. This figure represents a 49% year-over-year increase from October 2023 and an 18% month-over-month rise from September 2024. The company’s Digital Colocation business contributed $3.96 million to the monthly revenue, marking a substantial growth from…
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Innovative developments in open-source Bitcoin mining have emerged with the introduction of a hydro-cooled Bitaxe design by @RoninMiner. This advanced setup integrates several key components to enhance mining efficiency and cooling performance. Components of the Hydro-Cooled Bitaxe Miner: The hydro-cooled Bitaxe miner integrates several key components to maximize efficiency and performance in Bitcoin mining. At…
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Peter Todd shared a critical perspective on Riot’s upcoming 1 GW mining facility in Corsicana, Texas, which is on track to become the world’s largest. Todd suggests that, over time, such large-scale centralized facilities are economically and logistically inefficient compared to more distributed mining solutions. According to Todd, centralizing so much hash power in one…
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Underclocking involves reducing a component’s clock speed below its factory settings. This practice aims to decrease power consumption and heat generation, which can be beneficial for extending battery life in portable devices or achieving quieter operation in desktops. However, the trade-off is diminished performance, as the component operates at a slower speed. Advantages of Underclocking…
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Young Americans aged 18 to 29 are grappling with a significant debt burden, collectively owing $1.12 trillion, as reported by the Federal Reserve Bank of New York. This substantial figure underscores the financial challenges faced by the younger demographic in the United States. Credit card debt constitutes a notable portion of this liability. In the…
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Soluna Holdings Inc. (NASDAQ: SLNH) has reported robust financial results for the third quarter of 2024, achieving a year-to-date revenue of $29.7 million, marking a significant increase from the $10.9 million reported during the same period in 2023. A key development contributing to this growth is the launch of Soluna Cloud AI, a sustainable cloud…
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Bhutan’s strategic investment in Bitcoin has led to the cryptocurrency comprising 39% of the nation’s Gross Domestic Product (GDP), amounting to $1.14 billion. World Coin Index This significant allocation underscores the country’s commitment to integrating digital assets into its economic framework. The Himalayan kingdom’s substantial Bitcoin holdings have been accumulated through state-run mining operations, leveraging…
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IxTechCrypto has announced the release of the Limited Edition Bitaxe Whitepaper release, with stock expected to be available this week. Interested individuals are encouraged to sign up on the company’s website to receive notifications, as the whitepapers are anticipated to sell quickly. In addition to the release, IxTechCrypto is hosting a giveaway of the Bitaxe…
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Canaan Inc., a leading provider of high-performance computing solutions, has announced a significant expansion of its self-mining operations in North America. The company aims to achieve a capacity of 10 exahashes per second (EH/s) by mid-2025, focusing on strategic partnerships in Texas and Pennsylvania. In Texas, Canaan’s subsidiary, Beet Digital LLC, has entered into a…
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a solo Bitcoin miner has successfully mined a block worth 3.275 BTC, equivalent to $199,098. The miner achieved this feat by solving block number 858,978, a rare occurrence in the increasingly competitive world of Bitcoin mining. The block, containing 2,391 transactions, was mined through ckpool, a popular solo mining pool. The success of this solo…
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MARA Holdings, Inc. has successfully acquired 5,771 bitcoin at an average price of $95,554 per BTC, utilizing funds from its recent zero-coupon convertible note offering. This strategic acquisition increases the company’s total bitcoin holdings to approximately 33,875 BTC, currently valued at $3.4 billion based on a spot price of $99,000 per BTC. The convertible note…
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Core Scientific, a prominent player in the cryptocurrency mining sector, has announced plans to transform its Denton, Texas, Bitcoin mining facility into a state-of-the-art artificial intelligence (AI) data center. The $4 billion project aims to repurpose existing infrastructure to meet the growing demand for AI computing power. This strategic move reflects a broader industry trend…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is Verifiably True. If you would like to support to help further secure the integrity of our research initiatives, please donate here Fold has launched the Fold Mining Club in collaboration with CryptoCloaks. This initiative aims to make home…
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The NerdQAxe++ has undergone a significant upgrade, transitioning from a 4-layer to a 6-layer printed circuit board (PCB). All photos belong to Thomas Shufps This enhancement has resulted in a stable hashrate of approximately 4.8 terahashes per second (TH/s) while maintaining power consumption around 76 watts, equating to an efficiency of about 15.8 joules per…
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Sangha Renewables, a bitcoin mining firm, is collaborating with renewable energy companies to establish bitcoin mining operations, aiming to utilize excess energy that might otherwise go to waste. Renewable energy producers often face challenges with surplus energy, sometimes even incurring costs to offload it. By integrating bitcoin mining, these companies can convert excess electricity into…
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The 2024 Proof Of Work Awards Awards List honors those whose dedication has propelled Bitcoin’s growth and innovation. This list was built with those in mind who have contributed to the Bitcoin protocol in a myriad of ways, via action, research, or education. A toast to all those who have ultimately let their work speak…
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Bart Mol, a Bitcoin Podcaster and innovator, has introduced a custom-built “Home Assistant dashboard” designed to streamline the monitoring of BitAxe mining operations. Unveiled on X.com, Mol shared the development, stating that his motivation stemmed from the challenge of tracking multiple BitAxes efficiently. Key Features of the Dashboard The dashboard showcases advanced metrics, such as…
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In a significant legal development, the New York Supreme Court has ruled in favor of Greenidge Generation Holdings Inc., allowing the cryptocurrency mining facility to continue operations at its Seneca Lake site. The court found that the New York State Department of Environmental Conservation (DEC) acted arbitrarily and capriciously in denying Greenidge’s air permit renewal,…
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Colorado-based Bitcoin mining firm Revolve Labs has unveiled plans for a new $60 million data center in Glencoe, Minnesota. The proposed facility will include AI data centers, extensive cooling systems, and backup generators, strategically designed to optimize Bitcoin transaction processing while addressing noise concerns raised in prior locations. The planned site spans 6.2 acres and…
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According to Asicminervalue.com, the Bitmain Antminer L9 (17.6Gh) has emerged as a leading performer. Released in May 2024, it offers a hashrate of 17.6 Gh/s and consumes 3,260 W of power, generating an estimated daily profit of $55.42. Another notable miner is the Bitmain Antminer L9 (16.2Gh), also launched in May 2024. With a hashrate…
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Ethiopian Electric Power (EEP) announced that it generated over $25 million in revenue during the 2023/2024 fiscal year from electricity supplied to companies involved in data mining. This substantial income is part of EEP’s strategy to increase foreign currency earnings by billing domestic customers in U.S. dollars rather than Ethiopian Birr. Minilik Getahun, Manager of…
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As the demand for artificial intelligence (AI) and cloud computing continues to surge, U.S. technology companies are increasingly competing with bitcoin miners for energy resources. This competition has intensified as data centers drive the fastest U.S. power demand growth since the early 2000s, far outpacing the expansion of the power grid. Major companies like Amazon…
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Cipher Mining has announced the acquisition of a new 300-megawatt (MW) data center site in West Texas, a move aimed at significantly scaling up its Bitcoin mining operations in the region. The company has agreed to purchase the site for $67.5 million, with an additional variable fee of $3 per megawatt-hour (MWh) for the first…
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Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for bitcoin mining and high-performance computing (HPC), reported a net loss of $455.3 million for the fiscal third quarter of 2024, primarily due to a $408.5 million non-cash mark-to-market adjustment related to warrants and other contingent value rights. The company generated an operating loss of…
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BitcoinVersus.Tech Editor’s Note: We volunteer daily to ensure the credibility of the information on this platform is True, Valid, and Verified. If you would like to support to help further secure the integrity of our research initiatives, please donate here: https://gofund.me/013a04eb All photos in this article belong to @trendkraft In a recent analysis, the 52Pi…
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The Kingdom of Bhutan has reportedly amassed a Bitcoin reserve exceeding $1 billion, positioning it among the world’s leading state-level cryptocurrency holders. Blockchain analytics firm Arkham Intelligence disclosed that Bhutan’s government, through its investment arm Druk Holding & Investments (DHI), holds approximately 12,568 BTC, valued at over $1 billion as of November 11, 2024. Bhutan’s…
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The Plan ₿ Initiative, a collaboration between Tether and the city of Lugano, Switzerland, has introduced a remarkable statue honoring Bitcoin’s creator, Satoshi Nakamoto. Revealed during the 3rd Annual Plan ₿ Forum, this statue features a disappearing effect designed to symbolize Nakamoto’s mystery and anonymity in the cryptocurrency world. Located at Villa Ciani in Lugano,…
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Bitcoin’s price is approaching the $90,000 mark, driven by optimism surrounding President-elect Donald Trump’s pro-cryptocurrency stance. Since the election on November 5, Bitcoin has surged over 25%, reaching $89,637 in Asian trading sessions. Trump’s campaign promises to make the United States the “crypto capital of the planet” have fueled investor enthusiasm. This sentiment has also…
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Embarking on the journey to create my own Bitcoin mining data center has been an exciting endeavor, involving precise planning, careful equipment selection, and a focus on efficiency. Here’s a breakdown of the components I’m using and why each one is essential for achieving a streamlined mining operation. The cornerstone of my setup is the…
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Rhodium Enterprises, a prominent Bitcoin mining company, has officially filed for Chapter 11 bankruptcy in the Southern District of Texas. The filing includes six subsidiaries, citing liabilities between $50 million and $100 million. Despite these challenges, the company’s assets are estimated to be valued between $100 million and $500 million The bankruptcy comes as Rhodium…
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Riot Platforms Inc. is approaching the completion of Phase 1 of its Bitcoin mining facility in Corsicana, Texas, which will add 400 megawatts (MW) of capacity. Upon full development, the facility is expected to reach a total capacity of 1 gigawatt (GW), positioning it as one of the largest Bitcoin mining operations globally. The Corsicana…
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Bitfarms Ltd. reported earning 236 BTC in October 2024, enhancing its total Bitcoin treasury to 1,188 BTC. This figure underlines the company’s robust mining activity across its 12 facilities spread across four countries. The expansion comes alongside an agreement with Stronghold Digital Mining, involving the hosting of 10,000 miners at the Panther Creek site in…
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Mawson Infrastructure Group has announced its expansion into Ohio, aiming to bolster its AI and high-performance computing (HPC) infrastructure. This strategic move is expected to increase the company’s total operational capacity from 129 megawatts (MW) to approximately 153 MW. The expansion will add 24 MW of capacity and extend their footprint within the PJM market,…
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The Bitaxe mining device has shown a unique performance pattern at startup, achieving hash rates up to 3 TH/s before stabilizing to a lower average of 300 – 400 GH/s. This surge in efficiency upon startup highlights the initial calibration and thermal conditions affecting mining hardware performance. Temperature Plays a Role in Efficiency Temperature plays…
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Quantum Expeditions has established a 0.5MW facility that operates on natural gas to power 188 Bitcoin mining machines. This includes 44 of the more powerful S21 machines and 144 SK19 Pros. They have a total hashrate of about 25PH/s. The CEO, Doug Hardwick, emphasized the importance of treating the gas before using it to avoid…
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BitFuFu Inc., a leading digital asset mining service and cloud-mining provider, has entered into a definitive agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks the company’s transition from an asset-light model to managing a diverse portfolio of Bitcoin mining infrastructure. As of June 30,…
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Building an embedded system for specialized applications like air coolant pods requires a tailored approach that combines hardware assembly and strategic component integration. This guide will walk you through the step-by-step process of constructing a custom embedded system using Rock Pi control boards, an EMMC module for data storage, and an efficient power supply unit…
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In Finland, Hashlabs Mining has pioneered a project using Bitcoin mining to provide heat to homes. The WhatsMiner M63S generates hot water at 70°C, integrated into the district heating system, reducing reliance on traditional fuels. This innovative approach aligns with Finland’s move towards sustainable energy and sets a precedent for balancing mining’s energy consumption with…
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Argentina, the UAE, and Ethiopia have embarked on state-backed Bitcoin mining initiatives, utilizing government resources to bolster their respective economies. According to insights from VanEck, these countries are aligning themselves with others like El Salvador and Bhutan, which have previously engaged in similar ventures. Argentina’s involvement may see the utilization of its state-owned energy sector,…
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CleanSpark Inc. (Nasdaq: CLSK) officially acquired GRIID Infrastructure Inc. (Nasdaq: GRDI) on October 30, 2024, following shareholder approval from GRIID’s stakeholders two days earlier. This $155 million all-stock deal will significantly expand CleanSpark’s infrastructure, contributing over 400 MW of capacity over the coming years. CleanSpark also issued a $5 million loan to GRIID and allocated…
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To remotely monitor and control individual sockets on a Power Distribution Unit (PDU) using Modbus communication, Modbus-TCP can be employed to access and modify specific registers over a network. Each socket (or outlet) on the PDU is associated with unique register addresses that allow users to read the status (on/off) or control the power state.…
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Authorities in Ratchaburi, Thailand, have cracked down on an illegal Bitcoin mining operation following persistent power outages in the region. The raid, conducted by local police and the Provincial Electricity Authority (PEA), was triggered by numerous complaints from residents regarding fluctuating electricity and damaged appliances. The investigation led officials to a house that had been…
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In the early days of Bitcoin mining, hobbyists and crypto enthusiasts mined Bitcoin using just a standard computer equipped with a multi-core CPU. Back in 2009, these setups earned miners 50 BTC per block with minimal competition and computing power requirements. Mining was relatively simple and accessible, allowing participants to secure the Bitcoin network and…
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Russia is set to legalize Bitcoin mining starting on November 1, 2024, following the passage of legislation signed by President Vladimir Putin. This new law will allow registered legal entities and individual entrepreneurs to mine cryptocurrencies, creating a regulated framework for the activity. The regulation includes measures for energy consumption limits, particularly for small-scale miners…
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Bitcoin mining giant Bitfarms has agreed to acquire its competitor Stronghold Digital Mining in a deal valued at $175 million. The acquisition, which involves $125 million in stock and the assumption of $50 million in debt, positions Bitfarms to further solidify its place in the competitive cryptocurrency mining landscape. Stronghold shareholders will receive 2.52 Bitfarms…
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According to Blockware, A 150% increase in the price of Bitcoin can significantly boost the profit margins of Bitcoin miners, particularly those using the Antminer S19 XP. This dramatic rise in Bitcoin’s price would result in what is known as the “mining profit multiple.” Essentially, a 150% increase in Bitcoin price can lead to a…
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Gryphon Digital Mining has taken a significant step toward cementing its position as a low-cost operator by acquiring a Bitcoin mining operation powered by flare gas in Louisiana. The deal, valued at $1.5 million, involves up to 2.9 megawatts (MW) of operational capacity and includes 59 petahash per second (PH/s) of Bitcoin mining equipment. The…
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Simple Mining, a major player in the Bitcoin mining space, is on track for significant expansion by the end of October 2024. According to Chief Operating Officer Nick Garland, Simple Mining will complete an additional 5 MW of capacity next week, bringing their total hashrate under management to 50 MW. Garland also shared that another…
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Paraguay’s National Electricity Administration seized 693 illegal Bitcoin mining machines in Hernandarias using SCADA systems. Illegal mining poses financial and infrastructure threats.
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Bitcoin mining is a highly competitive industry where ASIC manufacturers compete for dominance. The top three manufacturers by market share areBitmain, MicroBT, and Canaan. ASIC MARKET OVERVIEW Company Location Foundry Model Example Market %Estimate Bitmain Beijing TSMC S19Jpro 60% MicroBT Shenzen Samsung M66S+ 20% Canaan Hangzhou SMIC Avalon Miner 1366 10% Bitmain remains the dominant…
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Nick Garland, Chief Operating Officer at Simple Mining, announced: “Next week we will complete an additional 5 MW expansion which takes our total hashrate under management up to 50 MW.In November, we have an additional 10+ MW coming online as well, which keeps us on track for our target of 125+ MW by the end…
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In West Texas, there was a bitcoin mining project that captured my attention. This was certainly a project that very few, even in the ever-eclusive bitcoin mining industry, have seen before. The custom 300 TH/s ASIC Bitcoin mining machine showcased is specifically designed for the SHA-256 algorithm, which underpins Bitcoin mining. According to an undisclosed…
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Bitfarms, a global leader in Bitcoin mining, has recently unveiled a virtual tour of its state-of-the-art hydro-cooled mining site located in Paraguay. The tour showcases the company’s advanced 50 MW facility in Paso Pe, which integrates cutting-edge hydro-cooled mining technology, a strategic move that underscores Bitfarms’ focus on sustainability and efficiency. By utilizing the country’s…
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The Proto team has launched the Mining Development Kit (MDK) beta program with the mission to decentralize Bitcoin mining and empower builders of all scales. Their goal is to strengthen the Bitcoin network through inclusivity and technological development, providing essential tools to enhance mining innovation. Early beta feedback highlights insights from a variety of participants,…
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Addis Ababa, Ethiopia, is buzzing with energy as the Africa Bitcoin Mining Summit kicked off on October 3, 2024. This exclusive event has drawn Bitcoin miners, manufacturers, and energy experts from across Africa and beyond, reflecting the country’s growing prominence in the cryptocurrency mining landscape. Industry leaders like Gridless and Luxor Technologies are present, with…
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MicroBT and HeatCore have partnered to introduce a groundbreaking hydro cooling system designed to make Bitcoin mining more energy-efficient and environmentally friendly. This innovative technology, named Methane Green, aims to reduce methane emissions while optimizing power consumption. The system is particularly beneficial in Mexico, where natural flare gas can be harnessed for energy production, reducing…
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Cipher Mining Inc. has secured option agreements to acquire 1.5 gigawatts (GW) of data center sites in West and North Texas. This strategic move strengthens the company’s presence in large-scale infrastructure, focusing on both high-performance computing (HPC) and Bitcoin mining. The agreements target three distinct locations, each designed to host a capacity of 500 megawatts…
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IREN, a leading player in the Bitcoin mining sector, has revealed a forward-thinking approach by integrating AI training directly within its data centers. The company, co-founded by Dan Roberts, recently secured a powerful partnership with Nvidia, leveraging their chips to train AI models while simultaneously running Bitcoin mining operations. This dual-function strategy allows IREN to…
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Jiang Xinyu, widely known as “Friedcat,” was an illustrious figure in the early Bitcoin community. He entered the University of Science and Technology of China at just 14, earning a PhD in computer science by the time he was 15. He swiftly became a cornerstone in the cryptocurrency world through his pioneering work with ASIC…
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The Antminer S21 XP 270T, launched in June 2024 by Bitmain, enhances mining efficiency by 37% over its predecessor, featuring improved hashboards and real-world efficiency of 13.49 J/T. #MiningMondays
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Ethiopian Investment Holdings (EIH) has partnered with Hong Kong’s West Data Group’s Center Service PLC to venture into Bitcoin mining. The project aims to strengthen Ethiopia’s position in the global data center market, leveraging the country’s abundant energy resources. However, concerns exist over the impact on local energy supply and regulatory challenges. The initiative could…
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Metered Mining, a prominent cryptocurrency mining hosting company, is expanding its facility capacity from 4MW to 8MW in Wisconsin, aiming to advance the scalability of Bitcoin mining for GPU and ASIC miners. Their tailored hosting solutions ensure efficiency and security at competitive prices, reflecting a commitment to leveraging cutting-edge technology and supporting cryptocurrency miners.
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“Equipped with a sophisticated oil immersion cooling system, the BitAxe Ultra can operate at an impressive 1.2 TH/s when overclocked.”
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F2pool recently launched the Fractal Bitcoin (FB) mining pool, offering two options for miners: permissionless mining and merged mining with Bitcoin (BTC). The FB mining pool operates using a 1% PPLNS payout scheme, which calculates rewards based on the miner’s work over the last “N” shares. This system ensures fair distribution for consistent contributors. F2Pool,…
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Its innovative design targets optimal performance in diverse conditions, set for release in November 2024.
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Marathon Digital Holdings now inscribes “Made in USA” on every Bitcoin block, reinforcing its commitment to U.S.-based operations and setting itself apart in the industry.
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Russian President Vladimir Putin has signed a new law legalizing cryptocurrency mining, effective November 2024. The legislation outlines regulations and a registry for miners, with small-scale miners exempt from formal registration. Various government bodies will oversee the sector, aiming to prevent illegal activities and ensure economic stability. The move aligns with Russia’s strategy to reduce…
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The newly launched Antminer AL1 Pro (16.6Th/s) by Bitmain is generating significant attention with its high-performance specifications. With a hashrate of 16.6Th/s and power consumption of 3730W, this machine runs on the Blake3 algorithm. It mines the Antminer AL1 Pro: Bitcoin Mining Rig with Over $100 Daily Profit at 7 Cents per Kilowatt Hour The…
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Knowing how to replace control boards in #Bitcoin mining is crucial for optimal performance. Bitmain offers versatile control boards for its Antminer series, ensuring efficient mining.
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Michael Saylor, the executive chairman of MicroStrategy, has made bold predictions about the future of Bitcoin, emphasizing its role in preserving wealth. Saylor recently stated, “You will spend 40,000 hours of your life trying to make money, it’s worthwhile to spend 100 hours figuring out how to keep it.” Saylor argues that Bitcoin’s fixed supply…
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Futu Securities, Hong Kong’s largest online broker, has launched Bitcoin and Ethereum trading through its local subsidiary, marking a crucial step in Hong Kong’s aim to become a global digital assets hub
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Greenidge Generation, has filed a lawsuit against the New York Department of Environmental Conservation (DEC) after the agency denied its air emissions permit renewal. The permit, essential for the continued operation of the Bitcoin mining facility, is set to expire next month. The DEC’s decision was based on the 2019 Climate Leadership and Community Protection…
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The Bitmain Antminer S21 XP Hyd, set for release between October and December 2024, offers a remarkable hashrate of 473 TH/s with low power consumption.
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The power supply unit (PSU) is a fundamental component of the Bitcoin ASIC machine. The K9 PSU (pictured below) is a specific PSU for the K9 model ASIC machine. Generally, there are specific model PSU’s that are compatible with specific Bitcoin Mining Machines. 1. Materials needed:A. Drill (w/phillips head) B. Phillips head screwdriver. *Note –…
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The S19 KPro PSU is an exclusive model PSU for #Bitcoin ASIC machines. Specific model PSUs are compatible with specific mining machines. Follow this quick step-by-step instructions to replace the PSU.
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Marathon Digital Holdings has recently made a significant investment by purchasing $100 million worth of Bitcoin. This acquisition aligns with Marathon’s strategy to increase its Bitcoin holdings and adopt a “full HODL” approach, meaning they plan to retain their Bitcoin without selling it in the near future. This move comes amid a broader trend of…
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Soluna’s new #AI #cloud service with #NVIDIA GPUs is set to generate $80 million, leveraging sustainable, renewable #energy solutions. #BitcoinMining #ArtificialIntelligence
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MicroStrategy plans to raise $2 billion for more #Bitcoin purchases, building on its 152,800 BTC valued at $5.9 billion.
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Kaspa is a profitable cryptocurrency with energy-efficient mining but faces security concerns compared to Bitcoin.
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The rise of #AI and #BitcoinMining has impacted data center energy needs, creating challenges and opportunities. Companies are essentially leveraging “stranded energy” for cheap, efficient power, demonstrating a trend toward sustainable solutions.
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DeFi-Django recently optimized his data center’s airflow by restructuring the hot aisle and doubling the exhaust capacity.
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SEC Chair Gensler anticipates approving an Ethereum ETF, highlighting regulatory focus on cryptocurrency. Debate on PoW vs PoS intensifies.
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Power supply units (PSUs) convert AC to DC, crucial for computer operation. Efficiency, voltage compatibility, connectors, and types impact system stability and upgrade potential.
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The NBA 2K24 TOS update by Take-Two Interactive introduces changes affecting user rights and data ownership. Key points include a waiver of rights to class-action lawsuits, no ownership of virtual items, and the ability to opt-out of arbitration within 30 days.
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The #Bitcoin Halving in April 2024 will reduce mining rewards from 6.25 to 3.125 BTC/block, impacting supply, price, and miners’ profitability.
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The Bitcoin network’s hash rate has surged, indicating increased security and resilience. Environmental concerns are being addressed with innovative energy solutions.
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The EU is considering strict regulations or a potential ban on Bitcoin mining due to environmental concerns and energy security.
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The U.S. government is launching a survey to track the energy consumption of Bitcoin mining, emphasizing concerns over environmental impact.
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Swan Bitcoin expands into mining with Swan Mining, aiming for 8 EH/s by March. Debt-free financing underscores strategic growth. Company eyes public listing after doubling team size and $125M revenue.
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