Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,747,391,905,450.95
  • 24h Vol: $119,993,469,904.38
  • BTC Dominance: 55.43%

Bitmain

hashpower-evolution:-bitmain’s-new-asic-packs-477,677%-more-power-than-the-2013-s1

Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1

Leave a Comment / Antminer, asic miner, Bitcoin, Bitcoin hashrate, Bitcoin mining, Bitmain, blockchain technology, BTC hashpower, Crypto Hacked, Cryptocurrency, cryptocurrency mining, Ethereum, Hashpower, Hashrate, Microbt, Mining, mining hardware, S21 XP Hydro, U3S21EXPH / / / , , , , , , , , , , , , , ,

This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro. And if we go way back, it’s a mind-blowing 477,677% […]

Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1 Read More »

860-terahash-—-hut-8-and-bitmain-partner-to-launch-new-direct-liquid-to-chip-asic-miner

860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner

Leave a Comment / AI infrastructure, asic miner, Bitcoin, Bitcoin mining, Bitmain, Crypto Hacked, Cryptocurrency, data center, Ethereum, Hashrate, Hut 8, liquid-to-chip cooling, Mining, U3S21EXPH / / / , , , , , , , , , ,

Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2 2025 and a potential transition to self-mining through a purchase option. Hut 8 and Bitmain Partner on Innovative Miner to Boost Bitcoin Mining Infrastructure The

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kaspa-and-alephium-mining-gain-traction-as-bitcoin’s-hashprice-remains-low 

Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low 

Leave a Comment / AL1 Pro, Alephium, Bitcoin, Bitmain, blockchain technology, Crypto Hacked, crypto mining, Cryptocurrency, Ethereum, Ghostdag protocol, Kaspa, KS5 Pro, Mining, mining rigs, Profitability / / / , , , , , , , , , ,

While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to mining alephium (ALPH) and kaspa (KAS). These two digital currencies currently offer the highest profitability for miners, according to the latest

Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low  Read More »

chip-giant-intel-abandons-bitcoin-asic-production

Chip Giant Intel Abandons Bitcoin ASIC Production

Leave a Comment / 3nm, 5nm, accelerators, Argo, ASIC, Bitcoin, Bitmain, block, Blockchain, Blockscale 1000 Series, BMZ1, BMZ2, Bonanza Mine, california, Canaan, chip manufacturer, competition, Crypto Hacked, Cryptocurrency, Development, dominant force, end-of-lifed, energy-efficient, Ethereum, future generations, Grrid, hive, IDM 2.0, Innosilicon, Intel, ISSCC, landing pages, Microbt, mining firms, Mining Industry, News, Paul Alcorn, product pages, Samsung, Semiconductor, Shipments, Technology, Tom's Hardware, TSMC / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000

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china-fines-bitmain-$3.6-million-for-tax-violations,-report

China Fines Bitmain $3.6 Million for Tax Violations, Report

Leave a Comment / Bitcoin, Bitmain, China, chinese, Crypto, Crypto Hacked, crypto mining, Cryptocurrencies, Cryptocurrency, Ethereum, income tax, Mining, Mining Devices, mining equipment, mining hardware, mining machines, mining rigs, Tax, tax authority, tax violations, Taxation, Taxes / / / , , , , , , , , , , , , , , , , , ,

Chinese authorities have fined leading crypto mining hardware manufacturer Bitmain for tax-related violations, local media reported. The penalty comes amid increasing tax checks in the digital asset sector, according to information from the crypto community. Bitmain Fined for Failing to Pay Income Tax on Behalf of Employees One of the world’s largest producers of devices

China Fines Bitmain $3.6 Million for Tax Violations, Report Read More »

cleanspark-purchases-45,000-bitcoin-mining-devices,-adding-6.3-eh/s-to-current-fleet

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

Leave a Comment / Antminer S19 XP, ASIC, Bear Market, Bitcoin, Bitcoin mining, bitcoin prices, Bitmain, Blockchain, BTC Mining, Cleanspark, competition, computational power, Crypto Hacked, Cryptocurrency, Decentralized, Digital Assets, Energy Consumption, Ethereum, Finance, Georgia, Global Hashrate, Halving, industry-leading price, investment, Market Trends, Mining, mining bitcoin, Mining BTC, mining centralization, mining fleet, Mining Industry, mining rigs, network difficulty, operational efficiency, Profitability, Renewable Energy, RoI, Sandersville, sustainability, Technology, top bitcoin mining companies, treasury management / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet Read More »

cleanspark-boosts-bitcoin-mining-capacity-with-acquisition-of-20,000-bitmain-rigs

Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs

Leave a Comment / Antminer S19j Pro, ASIC miners, Bitcoin, Bitcoin (BTC), bitcoin Cleanspark, Bitcoin mining, Bitcoin Mining Capacity, Bitmain, Blockchain, BTC Mining, capacity, Cleanspark, computational power, control, coupons, Crypto Hacked, Cryptocurrency, cryptocurrency market, Digital Assets, efficiency, Ethereum, Financial News, Georgia, industry trends, infrastructure, investment, Mining, mining facilities, Mining Operations, mining rigs, proprietary mining model, Renewable Energy, Resources, SHA256 hashpower, Technology, trading, United States, Wall Street, Washington / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm’s fleet. Cleanspark CEO Says Proprietary Mining Model Gives Company Greater Control and Efficiency Cleanspark, the publicly listed

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bankrupt-celsius-aims-to-raise-$14.4-million-from-bitcoin-mining-rig-credits-and-coupons

Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons

Leave a Comment / $14 million, $14.4 million, $7.4 million, 10-30% discount, 100% face value cash redemption, 2023 terms of service, 7 million, 85-88% face value, bankruptcy court filing, Bitcoin, bitcoin prices, Bitmain, Bitmain coupons, Bitmain credits, Bitmain Miners, cache, Celsius, Christopher Ferraro, coupons, Court Filing, Credits, Crypto Hacked, Cryptocurrency, cryptocurrency lender, debtors, depreciation, discussions, energy prices, Ethereum, expiration date, future purchases, golden opportunity, holder, immediate liquidity, interim CEO, mining business, mining rig manufacturer, News, Secondary Market, six potential buyers, third-party approach, transferable, utility / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility to the debtors’ mining business.” Celsius Interim CEO Outlines

Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons Read More »

matrixport-joins-growing-list-of-crypto-and-blockchain-companies-letting-employees-go

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

Leave a Comment / Amazon, Bitcoin, Bitmain, blockchain companies, ceo, Coinbase, Crypto Hacked, Crypto Winter, Cryptocurrency, downsizing, Ethereum, Financing, Friday, Gemini, Google, Huobi, industry-wide capitulations, investor relations, Investors, Jihan Wu, job loss, layoffs, marketing department, Matrix Asset Management, Matrixport, Meta, Microsoft, News, personnel reduction, reduction in headcount, reduction in personnel, regulatory climate, Reports, staff, staff cuts, staff trimming, Superrare, workforce reduction / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations” as reasons for the layoffs. Matrixport Lays Off 10% of Staff as Crypto Winter Continues Jihan

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