bitcoin mining
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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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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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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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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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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…




