bitcoin mining
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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…
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Bitcoin and Monero represent two very different approaches to proof-of-work computation. Bitcoin uses SHA-256 and has developed around highly specialized ASIC mining hardware, while Monero uses RandomX, an algorithm intentionally designed to keep general-purpose processors competitive and reduce the advantage of specialized machines. A raw comparison of Bitcoin terahashes and Monero kilohashes would therefore be…
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Modern Bitcoin mining is increasingly defined by the performance of the chips themselves. Bitmain, Canaan, MicroBT, and Bitdeer compete to produce faster and more efficient SHA-256 ASICs, while emerging platforms such as Bitaxe and Proto are pushing the industry toward more accessible and open hardware development.
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The debate surrounding BIP-110, Bitcoin Ordinals, inscriptions, and arbitrary blockchain data is becoming increasingly philosophical. BIP-110 proposes a temporary consensus-level soft fork that would restrict several methods of embedding large amounts of data into Bitcoin transactions. The proposal specifically argues that Bitcoin should remain focused on its primary purpose as permissionless money rather than becoming…
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The following operational site reports were documented during active Bitcoin mining infrastructure operations between April and May 2026. These reports contain real time observations involving machine diagnostics, network infrastructure, thermal management, repair workflows, technician training, inventory accountability, and operational decision making inside a live industrial Bitcoin mining environment. The reports are presented for journalistic, educational,…
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BitCluster, a Russian Bitcoin mining solutions provider, is set to launch a significant project in Ethiopia, which will revolutionize the cryptocurrency mining landscape. Scheduled to commence operations in January 2024, this venture involves the construction of a 120-megawatt (MW) data center in Addis Ababa, Ethiopia’s capital. The facility, spanning an impressive 30,000 square meters and…
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Originally Published in the summer of 2024 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…
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