ASIC

How Many People Mined BTC Alongside Satoshi? 2010 Data Shows Bitcoin’s Creator Wasn’t the Only Mining Whale

<div class=”featured_image_container”> </div> <strong>Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred. This week, 1,000 bitcoin from 2010 were transferred, and the miner has spent 11,000 bitcoin since last year. Old school whale movements like these have made some people assume that decade-old coinbase …

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Report: China’s Bitcoin Hashrate Dominance Dives, ‘North America Could Steal the Lead’

<div class=”featured_image_container”> </div> <strong>A newly published regional report shows that China’s hashrate has likely dropped to 55% while the U.S. has climbed to 11%. Another study predicts that it’s possible North America could overtake China in terms of hashrate by the end of 2021.</strong> Bitcoin Mining Farm Operator Says Mining Industry in North America Is …

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Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents

<div class=”featured_image_container”> </div> <strong>The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting inconsistencies in the transport documentation.</strong> Rigs …

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The Wisemining Sato Boiler- A Product That Aims to Heat Your Home and Offset Costs by Mining Bitcoin

<div class=”featured_image_container”> </div> <strong>In just over two weeks, a company called Wisemining plans to launch a new product called Sato, a boiler that can provide heat to a home by leveraging ASIC mining rigs for heat production. It also means that the heater provides revenue in the form of cryptocurrency, which offsets the costs of …

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Norway’s Fourth-Richest Man Invests in a Crypto Mining ASIC Manufacturer

<div class=”featured_image_container”> </div> <strong>According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific integrated circuit (ASIC) mining chips that are allegedly 300%-500% more energy efficient than existing …

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Massive 70 MW Bitcoin Mining Rig Shipped to Russia

<div class=”featured_image_container”> </div> <strong>Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country.</strong> Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have …

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Core Scientific Buys Over 58,000 Bitmain S19 Antminers to Expand Its Hosting Fleet in North America

<div class=”featured_image_container”> </div> <strong>A major North American blockchain hosting provider announced its expansion by ordering over 58,000 additional S19 Series Antminers, as part of an agreement arranged with the Chinese mining hardware manufacturer.</strong> US Contract Miner Core Scientific Arranges Purchase of Over 58,000 Bitmain S19 Antminers According to the announcement, Bitmain’s deal expects to facilitate …

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Jumping into the pool: How to earn a profit mining Bitcoin and Ether

For the past several months, miners around the world have been extremely active, which can be seen through spikes in hash rates that coincided with a significant increase in the prices of cryptocurrencies. At the beginning of 2020, Ether (ETH) could be bought for $130, and now, ETH has reached $500. The king of cryptocurrencies, …

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The Many Facts Pointing to Paul Le Roux Being Satoshi Nakamoto

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/411174″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”https://scoreit.online/wp-content/uploads/2020/10/daw_1456x360-21.jpg” alt width=”1456″ height=”360″></a></div><strong>The 48-year old former programmer and criminal cartel boss, Paul Calder Le Roux, was deemed a Satoshi Nakamoto suspect in the spring of 2019. The suspicion caused a few people to believe Le Roux is the most credible …

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Chinese Mining Rig Manufacturer Microbt Announces Offshore ASIC Factory

On Friday, China-based bitcoin mining rig manufacturer Microbt announced plans to create an offshore facility that produces the company’s Whatsminer devices and parts for North America. The firm revealed the expansion news when it announced a recent partnership with the New York-based Foundry Digital LLC. Microbt’s Whatsminer mining rigs have become popular during the last …

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