In a recent tweet on August 5, 2023, Paolo Ardoino, the Chief Technology Officer (CTO) of Tether and Bitfinex, revealed that Tether's development team...
Following the publicly-listed mining operation Terawulf’s announcement that the firm’s Lake Mariner mining data center is up and running with 30 megawatts (MW) of...
On Thursday, the publicly-listed bitcoin mining firm Cleanspark announced that it added 93 petahash per second (PH/s) of hashpower to the company’s existing operations...
Huangpu Customs of China’s Guangdong Province has said it seized 49 old used bitcoin miners from an unnamed party that was attempting to smuggle the devices into the country. According to the local reports, the old machines will be disposed of in accordance with local regulations. According to a report published on Monday, the alleged smugglers had […]
Although the Russian government has a rather ambivalent attitude towards the cryptocurrency industry in general, citizens seem to be attracted by the benefits it offers. As a result, demand for mining equipment continues to skyrocket.
BitNile Holdings, Inc, a Bitcoin mining firm based in Las Vegas, has published a report on its Bitcoin production and miner installation. During the month of January 2022, BitNile stated that it mined 27.19 Bitcoin. To date, the firm revealed that it had mined a total of 74.98 Bitcoin. Based on the report, the number […]
While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. The shortfall of supply worldwide has disrupted major industries, and manufacturers like Taiwan Semiconductor Manufacturing Company Limited (TSMC) have seen stocks sink in value. At […]