Mining

Auch der Bitcoin Mining Markt wächst beständig weiter. Riot Blockchain ist eines der führenden weltweiten Mining-Unternehmen. Aufgrund der aktuellen Nachfrage und eigenen erreichten Meilensteinen, hat Riot weit mehr als eine halbe Milliarde US-Dollar in eine weitere Expansion investiert. Bitcoin News: Bitcoin Mining Unternehmen Riot investiert 780 Millionen US-DollarDas Unternehmen gab kürzlich bekannt, dass man 45.000 Einheiten des Antminers S19J kaufen wird – ein Investment im Gesamtvolumen...

Bitcoin mining company Riot Blockchain has decided to expand its mining capacity by purchasing 42,000 S19 Antimners from Bitmain, a Hong Kong crypto-mining products manufacturer. The purchase was worth at least $138.5 million and it’s part of the company’s plans to increase its Bitcoin mining hashrate, aiming at 7.7 EH/s by mid-2021 (an increase in the target by more than 90%). Riot Blockchain Exceeding its EH/s Expectations. Bitmain will be delivering 2000 S19j Antiminers...

As per the press release, Riot will start receiving S19j Antminers this year already.Public-listed mining firm Riot Blockchain is all set for a massive boost to its Antminers collection. On Wednesday, April 7, Riot Blockchain announced placing a massive purchase of 42,000 S19j Antminers for USD $138.5 million from Bitmain. Thus, it will bring the total Antiminers deployed by Riot Blockchain to 81,150.The new Antimner arsenal will increase Riot’s hashrate by 93%. Currently, under full...

A new report suggests that bitcoin mining operations are likely to exceed the energy requirements of more than 180 countries by the year 2024. Bitcoin Mining Is Needing Too Much Electricity As of late, bitcoin mining has been taking a lot of guff from environmentalists and people who just are not that crazy about the cryptocurrency world. They claim the process of mining bitcoin leaves a harmful mark on the environment – one that is not likely to disappear anytime soon,...

Hindenburg stated in their report that Ebang failed in their mining machine business and turned their attention to establishing a cryptocurrency exchange called Ebonex.Short-seller Hindenburg has once again launched a serious allegation against Ebang International Holdings Inc (NASDAQ: EBON) after previously releasing a full report on Nikola Corporation (NASDAQ: NKLA) calling them an intricate fraud.According to their research report, Ebang is nothing more than “China Hustle” appearing to the...

According to a new report, mining for gold is a lot less expensive than mining for bitcoin. Mining for Gold Is More Economical Over the past several months, as bitcoin has exploded in price (it’s currently trading for well over $58,000 per unit), several environmentalists and crypto bashers have taken to arguing that the mining process behind cryptocurrency and bitcoin is dangerous for the planet. They’re convinced that the ongoing extraction of new coins is going to...

Ripple’s CEO Brad Galinghouse has clarified his stance on bitcoin, clarifying that he has not argued for a ban against it. Nevertheless, he outlined that one transaction with BTC requires about 75 gallons of oil and noted that the entire crypto space should aim at turning bitcoin mining into a clean energy business. Garlinghouse on BTC’s Carbon Footprint BTC’s rapidly expanding price garnered the attention of the world. While some were quick to praise the assets for its...

The popular investor Kevin O’Leary stated he will only buy bitcoin mined sustainably in countries around the globe using clean energy. He distanced himself from the so-called ”blood” coins mined in China, saying he will never purchase such. Bitcoin Mined in China Is a ”Blood” Coin The controversy around the environmental damage that bitcoin mining causes goes on. The chairman of O’Shares – Kevin O’Leary, is the next one to touch on the topic. During a recent CNBC interview,...

So you want to start mining but don’t have enough money to buy an ASIC or the latest GPU to mine your favorite Proof-of-Work crypto? Don’t worry, soon you will be able to mine cryptocurrencies with the power of your mind, thanks to Microsoft. And no, it’s not a late April Fools day joke. According to documents from the World Intellectual Property Organization, Microsoft has been working for at least one year to develop a system that harnesses the energy of the human body and...

Bitcoin mining continues to earn hate from environmentalists around the world, as the most recent calculations suggest the process requires more energy than the entire country of Sweden. Bitcoin Mining Gets More Expensive as the Price Expands A new report suggests that the higher the price goes, the more energy is needed to extract and mine new coins. Right now, bitcoin is traversing high $50,000 territory; it recently hit a new all-time high of approximately $61,000....