Bitcoin News / Bitcoin.com - 1 year ago
A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8 million and using the funds to buy bitcoin mining rigs. Although Li Qunnan has denied the allegations, executives...
Bitcoin News / Bitcoin.com - 1 year ago
Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, ca...
More / Etherum Reddit - 2 years ago
Selling a mining rig for ethereum, and was wondering if anyone had any tips to help make sure I don't get scammed. Never sold anything significant for ETH before so not exactly sure how the process works. Are there 3 network confirmations like BT...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the prices of Bitcoin mining rigs have been going down for a while now as profitability for miners has been observing a shrink.
Cost Of Bitcoin Mining Rigs Has Been On A Downward Spiral Recently
As per the latest weekly report from Arcane...
Bitcoin News / Bitcoin.com - 2 years ago
Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed during the Bitcoin 22...
Bitcoin News / Bitcoin.com - 2 years ago
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (...
Cryptocoins News / NewsBTC - 2 years ago
Liquid-cooled mining machines from Chinese chipmaker Bitmain have been unveiled.
The S19 XP HYD is expected to be one of the company’s most energy-efficient models ever.
The new mining setup employs liquid cooling. According to reviewers, it is the...
Bitcoin News / Bitcoin.com - 2 years ago
Leading ASIC mining device manufacturer Bitmain has revealed a new bitcoin miner that’s even faster than the company’s last machine, which boasts 198 terahash per second (TH/s). The latest model, called the Antminer S19 XP Hyd., is also...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. (Irvine, February 9, 2022) – Sustainable Bitcoin mining company Merkle Standard has executed a purchase order for the high-performance, liquid-cooled mining rigs from Bitmain Technologies Ltd. The leading ASIC hardware provider...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, announced a new miner purchase order from Bitmain Technologies Limited. The executed purchase agreement is for 13,500 mining rigs from...
by COINS NEWS - 2 years ago
I know that in general, cryptomining is a ship that has sailed, unless you've got a proper mining rig and the most up to date GPUs. I don't have them. A few years ago, I did start mining, and it definitely wasn't profitable. But are there...
More / Bitcoin Reddit - 2 years ago
Already own bitcoin so I'm thinking of buying a mining rig. I've been in this space for the past 7-8 years but have only ever stacked sats. Don't know much about mining but wondering if it's feasible to spend $25k on a setup and let i...
More / Bitcoin Reddit - 2 years ago
Someone needs to sell heaters that are just bitcoin mining rigs. People can buy it and put it in their homes while heating up their houses. You can give them a bit of the profit, or you can keep it ;) You can even pay them to keep the heater on. Sa...
Bitcoin News / Bitcoin.com - 2 years ago
The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000 mining machines. The sale is part of an agreement between Cana...
Bitcoin News / Bitcoin.com - 2 years ago
Authorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law enforcement officials claim the illegal coin minting facility has inflicted “colossal damage” to the nationȁ...
Bitcoin News / Bitcoin.com - 2 years ago
While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generat...
Bitcoin News / Bitcoin.com - 2 years ago
On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.”
Publicly-Listed...
Bitcoin News / Bitcoin.com - 2 years ago
Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mini...
Bitcoin News / Bitcoin.com - 2 years ago
While companies like Microbt, Bitmain, Innosilicon, Strongu, Ebang, and Canaan have ruled the roost in terms of manufacturing application-specific integrated circuit (ASIC) bitcoin miners, a new challenger has entered the competition. A relatively un...
by COINS NEWS - 2 years ago
My dad has always been investing in stocks and I've urged him multiple times to take a look into crypto. He never paid any heed to my advice and I had given up trying to convince him. He's always equated crypto to the dot com bubble and said...