Tag Archives: Mining

High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt Whatsminer M20S, generating a whopping ...

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Crypto Mining Group BitFury to Investigate Data Analysis with AI

The cryptocurrency mining and chip development firm BitFury has announced plans to set up a new department that will investigate the benefits of ‘big data’ analysis using artificial intelligence (AI). Speaking to newswire Reuters this past Tuesday, BitFury CEO Valery Vavilov referred to big data as ‘the next oil’, highlighting the need for a much greater focus on constructive analysis. ...

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Bitcoin Mining Industry’s Exponential Growth Just Won’t Stop

A decade ago when Satoshi Nakamoto unleashed the Bitcoin network, the security behind the protocol was guarded by only a few miners. These days, mining the SHA-256 algorithm has become a thriving industry that hasn’t stopped growing. Also Read: Exploring the SLP Token Universe Built on the Bitcoin Cash Chain Bitcoin Mining Pools and ASICs Change the Game Every waking ...

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From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful

Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $ 270,000 being smuggled via truck in the Arak region. On July 31, Russia’s Kraskom power company reported illegal siphoning of power from municipal grids for mining, resulting ...

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Mining ASIC Giant Bitmain Lost $625 Million, Expects Profits in April

Chinese mining and mining ASIC manufacturer Bitmain lost $ 625 million in the first two months of this year Cointelegraph.com News

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Iranian Govt Authorizes Cryptocurrency Mining as Industrial Activity

n The Iranian government has authorized domestic cryptocurrency mining as an industrial activityn CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

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Bitcoin Mining Manufacturer Canaan Files for IPO in US Worth $200 Million

As per a report, Canaan Creative, the major Bitcoin miner manufacturer, is supposed to have confidentially filed for an IPO in the US. As Bitcoin has grown into one of the biggest cryptocurrencies in the world, a range of industries have cropped up that are seeking to provide services that will help create a more robust ecosystem, and most of ...

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PR: Bitpunter Launches Transaction Mining for Online Gaming

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The recent advent of transaction mining as a business model has taken the cryptocurrency world by storm, with transaction fee mining exchanges such ...

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