bitcoin mining
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Hut 8 says it supports Texas’ new data-center standards as the state tightens expectations around grid reliability, water conservation, community impact and infrastructure costs. The response is especially relevant because Hut 8 grew from Bitcoin mining into a broader energy and digital-infrastructure platform and is now developing one of Texas’ largest AI data-center campuses. Texas…
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Canaan says an approximately 8 MW Nordic district-heating installation built around its hydro-cooled Avalon A1566HA Bitcoin mining systems is now fully online, turning ASIC heat into hot water for roughly 2,800 homes. The September 24 update marks a significant milestone for a project Canaan first detailed in May. At that point, approximately 2 MW of…
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Fortitude Mining has expanded its credit facility with parent company Digital Currency Group from $26 million to $50 million, adding capital for proof-of-work mining machines, data-center acquisitions, greenfield construction and infrastructure expansion. The September 23 amendment leaves Fortitude with approximately $31 million of remaining borrowing capacity. The company expects that capacity to be funded primarily…
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TerraHex Digital has secured its initial fleet of Bitcoin mining ASICs for a planned 9 MW modular computing node in southern Nigeria, moving the project toward a targeted December 2026 launch. The company has received a second ASIC shipment at its U.S. processing hub, while the first batch is being inspected, tested, conditioned and certified…
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Starcloud plans to put Bitcoin-mining ASICs aboard an orbital data-center spacecraft, testing whether solar power can outweigh the challenges of cooling, launch cost and hardware reliability.
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FutureBit’s HashFly experiment uses a simulated fruit-fly neural network to explore Bitcoin hashing and the theoretical energy limits of computing beyond silicon.
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Bitmain’s new 8.9 J/TH S23 XP Hyd. gives the Bitcoin Mining Singularity model a new real-world test of whether ASIC efficiency gains are beginning to slow.
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Canaan says installation is underway on a 3 MW Bitcoin mining heat-recovery project in Manitoba that will route thermal output from liquid-cooled Avalon miners into a commercial greenhouse heating system.
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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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A worked Bitcoin mining example shows how improving efficiency from 20 to 15 J/TH cuts electricity use by 25% at unchanged hashrate.
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Proof of work is a consensus system in which computers compete to perform verifiable computational work in order to secure a blockchain, validate transactions, and produce new blocks. In practical terms, that work is expressed through the network’s rate of compute—such as hashes per second—and the amount of energy required to produce that computation. A…
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The Power Efficiency Index (PEI) is a mathematical valuation model within Power Efficiency Theory that compares changes in computational performance and energy efficiency with the market price of a proof-of-work asset. Developed by bitcoinversus.tech, PEI measures the growth in a network’s rate of compute alongside improvements in the energy required per unit of computation. In…
