Canaan Creative Announces New Avalonminer A911 Mining Rig
Canaan Creative, the world’s second largest manufacturer of cryptocurrency mining hardware, has announced a new mining rig, the Avalonminer A911, alongside plans to develop a [read more…]
Mining
A Guide to Building Your Own Crypto Mining Rig
Cryptocurrency mining has in many respects become an industrialized business. But despite the concentration of hashing power, the increasing difficulty and diminishing returns, in some [read more…]
GPU Manufacturing Giant Nvidia Leaves Crypto Mining
Media accounts are leaning toward blaming a supposed lack of interest in cryptocurrency as the reason US chip behemoth Nvidia has backed out of the [read more…]
Second Hand Rigs Are Dumped as the Solo Mining Dream Dies
In the summer of 2017, rising cryptocurrency prices led to a run on high performance graphics cards. Coveted cards with a high hashrate were snapped [read more…]
Bitmain Reveals the Total Hashrate of Its Cryptocurrency Mining Hardware
Chinese bitcoin mining giant Bitmain has revealed the total hashrate of all its cryptocurrency mining hardware. This was done as part of a larger push [read more…]
Kodak-Branded Bitcoin Mining Scheme Collapses
The Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam [read more…]
A 51% Attack on Bitcoin Means Mutually Assured Destruction
What would happen if bitcoin were to suffer a 51% attack? It’s a hypothetical question, but one that has troubled some of the community’s brightest [read more…]
Samsung Profits Surge on High Demand for Bitcoin Mining Chips
South Korean Samsung Electronics saw its operating profits surge in the first quarter of this year compared to the previous year. The company attributes the [read more…]
Chinese Household in Trouble for Chasing a Lost Cause – Mining Bitcoin with Phones
A Chinese household has been stealing electricity to mine bitcoin using 50 mobile phones and 15 improvised mining rigs. The home workshop has consumed almost [read more…]
Bitcoin Miners Unaffected by Price Decline — Hashrates Spiked Exponentially
Despite the multitude of headlines declaring that bitcoin mining was becoming unprofitable over the last four months, the hashrate between both Bitcoin Core (BTC) and [read more…]
Results Are In: New Bitcoin Miner Dragonmint T1 Doesn’t Make the S9 Obsolete
There’s been a lot of skepticism aimed at the company Halong Mining and its machine the Dragonmint T1. The firm announced in November of 2017 [read more…]
Spring Sees Bitcoin Cash Adoption Rise
After dropping in value with the rest of the cryptocurrency ecosystem the digital asset bitcoin cash (BCH) is making a comeback over the past 72 [read more…]
Bitmex Research: We Doubt Ethereum’s Ability to Reduce Reliance on PoW
The proposed and upcoming changes to the operation of the ethereum cryptocurrency have been a matter of debate recently, with questions like employing ASIC resistance [read more…]
Our Love and Hate Relationship with Bitcoin Miners
It’s coming close to a decade since the creation of the bitcoin network and the cryptocurrency ecosystem. The protocol has produced a great deal of [read more…]
Iceland Bitcoin Mining to Double Energy Consumption This Year
Iceland is the ideal place to mine bitcoin. Thanks to the cold coupled with relatively cheap electricity costs, the region has drawn its share of [read more…]
Japan’s DMM Launches Large-Scale Cryptocurrency Mining Farm and Showroom
Japanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a showroom, [read more…]
Nuclear Engineers Arrested for Mining Cryptocurrency Using Government Supercomputer
Russian nuclear scientists working at a top-secret nuclear center have been arrested for allegedly using the center’s computer facilities for the purpose of mining cryptocurrencies. [read more…]
Russia’s Largest Bank Caught Employees Mining For Crypto
Russia’s largest bank, the state-controlled Sberbank, has reiterated that it is not mining cryptocurrencies. However, the bank says that it has often caught its employees [read more…]
Big Chinese Bitcoin Miners Are Turning to Canada
The bitcoin mining industry in China appears to be expanding to favorable locations around the world right now. Quebec is one such location where the [read more…]