Tag Archives: Bitcoin Mining

Bitmain Antminer S19 Pro Das Mining von Bitcoin erfordert eine leistungsstarke Hardware, die komplexe Berechnungen durchführen kann, um neue Blöcke zu erstellen und Bitcoin-Transaktionen zu verifizieren. Es gibt viele Geräte auf dem Markt, die für das Bitcoin Mining verwendet werden können, aber welches ist das Beste? In diesem Artikel werden wir uns das beste Gerät für das Bitcoin Mining genauer ansehen. Zunächst einmal ist es wichtig zu beachten,...

The US-based cryptocurrency miner TeraWulf produced 157 BTC in January, a 25.6% increase compared to December.  Snow blizzards towards the end of 2022 crippled its operations and increased electricity bills. The weather normalized in January, hence the better production results. Expansion Plans for 2023 TeraWulf boosted its mining activities with an increased number of machinery last month. It received 6,100 miners from Bitmain, bringing the total to 18,000. Additional 15,900...

The US-based cryptocurrency miner Riot Blockchain produced 740 BTC last month, a 62% increase compared to January 2022 and a new monthly all-time high for the company. The positive start of the year contrasts the disappointing production levels and shrinking revenue towards the end of 2022. Hitting an ATH Despite experiencing issues with its mining fleet, Riot produced a record amount of bitcoin in January – 740 BTC. CEO Jason Les revealed that the recent winter storms in...

Future Fintech Group Inc. – a developer of blockchain applications and a fintech services provider – has just finished building a new crypto mining center in the South American nation of Paraguay. Future Fintech Group Gives Way to Paraguay Crypto Mining Facility Xu Kai – the vice president of the Future Fintech blockchain division – expressed in an interview: I am very pleased that our FTFT Paraguay cryptocurrency mining farm has successfully deployed its first batch of...

The Congo in Africa has set up its first official bitcoin mining facility. The clincher? It runs entirely on clean energy and seeks to avoid the often atmosphere-polluting methods utilized by former and present enterprises. Mining in the Congo Has Become Possible The mining company has been set up in what’s known as Virunga National Park, which is often used to house endangered mountain gorillas. While these great apes are indeed still prominent in the area, it appears...

Bitcoin miners located in Texas reportedly suffered severe disruption of their operations due to a blizzard that battered the region. The extreme weather conditions prompted them to switch off their machines to preserve the local power grid.  The Cold Winter in Texas Surprised Crypto Miners As reported by Bloomberg, the ice storm that hit “the Lone Star State” damaged some of the equipment of the domestic bitcoin miners. Electricity consumption surged significantly due to the...

Marathon Digital Holdings – one of the leading bitcoin miners – mined 687 BTC in January 2023, a 45% increase compared to the last month of 2022.  However, the company shifted from its non-selling strategy, parting with 1,500 BTC to cover operational expenses. Change of Plans Marathon started the year by producing 687 BTC in January, a significant increase compared to 475 BTC in December 2022. Fred Thiel – Chairman and CEO – explained that the better results resulted from the...

The once-prominent bitcoin miner Core Scientific inked an agreement with the New York Digital Investment Group (NYDIG) to hand over 27,403 of its mining machines and thus pay off an outstanding debt of $38.6 million. The company filed for bankruptcy protection a few days before Christmas 2022. Looking for a Way Out According to a filing with the bankruptcy court for the southern district of Texas, Core Scientific agreed to transfer over 27,000 of its mining rigs (around 18%...

A resident of Middlesex County in the United Kingdom has fallen victim to crypto fraud and lost more than $100K at the time of writing. Fraud Continues to Be a Big Problem Police authorities suggest the fraud occurred after the victim formed a relationship with an unknown person online. While this wasn’t necessarily a romance scam, it very much operated in the same manner. The defrauded person began engaging in regular conversations with the other party and at first,...

One of the leading bitcoin miners – Argo Blockchain – announced that its CFO and Executive Director Alex Appleton resigned from his position. Several other crypto (or related) executives have abandoned their posts during the prolonged bear market. Such examples are Sam Bankman-Fried of FTX, Alex Mashinsky of Celsius Network, Jesse Powell of Kraken, Michael Saylor of MicroStrategy, and many others. The Latest on the List Alex Appleton, who spent two and a half years at Argo...