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Bitcoin Miners Are About to Rake Historic USD 1 Billion In Fees
8.10.2019
Source: iStock/eclipse_images
The Bitcoin (BTC) blockchain seems to be in its best shape yet as multiple symbolic milestones signal growth and health of the network.
For starts, Bitcoin all-time cumulative transaction fees are approaching a symbolic amount of USD 1 billion. At the same time...
MicroBT Expects $400 Million Q3 Revenue From Bitcoin Miner Sales Despite Chip Holdup
23.9.2019
The maker of WhatsMiner bitcoin miners says it expects to have delivered 200,000 devices by the end of the quarter
Bitcoin Miners Uber Bullish as Difficulty Set for 60% Quarterly Growth
20.9.2019
Bitcoin fundamentals keep surprising as data shows difficulty boom
Inner Mongolia to Shutter ‘Illegal’ Bitcoin Miners by October as China Cracks Down on Industry
17.9.2019
China’s Inner Mongolia autonomous region is carrying out an inspection to eliminate “illegal” bitcoin mining operations by October
Bitmain Ramps Up Power and Efficiency With New Bitcoin Mining Machine
9.9.2019
Crypto mining giant Bitmain is launching two new models for its Antminer range, one of which is its most powerful yet
Bitcoin Miners Made $14 Billion to Date Securing the Network
30.8.2019
Fresh data reveals that Bitcoin miners have generated $14 billion in revenue to date
Bitcoin Miners Are Heating Homes Free of Charge in Frigid Siberia
23.8.2019
Hotmine makes a bitcoin mining rig that doubles as a home heating appliance. It's targeting places where winter is brutally cold
Watch How Bitcoin Miners in Sichuan Are Being Flooded
21.8.2019
Source: Twitter, @redtheminer
A life-threatening disaster hit Aba prefecture in Sichuan, China, causing enormous damages. The four-days-long heavy rainfall produced raging floods and massive mudslides which directly impacted miners in the “Bitcoin mining capital”, as Sichuan is called.
Two videos...
Bitcoin Miners Halt Operations as Rainstorm Triggers Mudslides in China
21.8.2019
A severe rainstorm in China's southwest has led to fatal mudslides, causing some local hydropower plants and bitcoin miners to halt operations
Importer of Bitmain’s Bitcoin Miners Draws Criminal Investigation in Russia
31.7.2019
An importer of Bitmain's bitcoin miners is under investigation for underpaying customs fees, a search warrant obtained by CoinDesk reveals
How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste
22.7.2019
We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining...
China: Blockchain Tourism Initiative Launched, Bitcoin Miners Busted
22.7.2019
Yunnan Province, China. China’s crypto-crackdown remains firmly in place, but interest in all things blockchain and cryptocurrency-related remains high in the Middle Kingdom.
Per Xinhua, tourists and tour operators visiting attractions in the Yunnan Province will soon be able to obtain...
Iran Bitcoin Miners Set Up Shop in Mosques Amid Gov’t Crackdown
28.6.2019
Bitcoin mining, while frowned upon in Iran, is giving Iran’s economy a much-needed boost
Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque
27.6.2019
On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media. Also Read: Iranian Energy Grid Blames...
Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners
25.6.2019
Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption...
Demand for New Bitcoin Miners Is Again Outstripping Supply
25.6.2019
Bitcoin's price jump has juiced demand for new mining equipment, with some models on backlog until October
Bitcoin Miners 'Highly' Profitable Again, China Still Dominates
6.6.2019
At current prices, the average miner is highly profitable again, with even older gear and high-cost producers currently able to make profit, crypto investment firm CoinShares concluded in its newest report on Bitcoin mining. It also claims that China still dominates both the mining hardware...