ASIC

Ether volatility was key for miners to buy Bitcoin ASIC equipment from Intel

Hive Blockchain Bitcoin Mining Farm.

Key facts: Little more than USD 18 million was made by the Hive Blockchain company with the sale of its ETH. For Hive Blockchain, it is prudent to take profits on ETH because of its volatility. Companies engaged in Bitcoin mining prefer to sell their holdings in other cryptocurrencies, such as ether (ETH), rather than …

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You can import ASIC to mine Bitcoin without paying taxes in Brazil

Bitcoin miner.

Bitcoin (BTC) mining equipment will be exempt from paying import taxes in Brazil, one of the countries with the highest hash rates in the world. This was decided by the Ministry of Economy of that country through a commission. In the resolution No. 339 of the Executive Committee of the Chamber of Foreign Trade (GECEX), …

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As ASIC miners evolve, Bitcoin becomes more environmentally friendly

Learn about the updates that the Monero hard fork will bring in July

Key facts: Although Bitcoin’s hashrate has grown by 23%, it now consumes 25% less energy. Today’s ASICs are 100 billion times faster than the CPUs used for mining in 2009. Since their introduction to the world of Bitcoin in 2013, ASIC miners have been steadily evolving to become more and more efficient. Today’s technological advances …

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New ASIC chips will facilitate the decentralization of bitcoin mining

New ASIC chips will facilitate the decentralization of bitcoin mining

Key facts: The announcement this month of a new mining chip may spur other launches. Home mining will now be possible when miners with the new chip are offered. Within the framework of the Bitcoin Conference 2022, two prominent Bitcoin technical experts, Adam Back, CEO of Blockstream and Steve Lee, Leader of Spiral, addressed various …

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Imminent arrival of the new Intel chip to mine Bitcoin, Blockscale ASIC

Intel chip - Imminent arrival of the new Intel chip to mine Bitcoin, Blockscale ASIC

The American technology company Intel announced on Monday its new ASIC chip called Blockscale, designed for Bitcoin (BTC) mining. With this they promise to help large mining companies achieve the sustainability and scalability necessary to maintain operations without energy overuse. In a release published on their website, they presented the Intel Blockscale ASIC, an application-specific …

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Bitcoin ASIC miner prices have fallen 22.6% since the beginning of the year

Bitcoin ASIC miner prices have fallen 22.6% since the beginning of the year

Key facts: Amazon and MercadoLibre show varied prices this week, compared to last March 16. High-generation miners average above $9,000, according to the Hashrate Index. A slope, like a slide, is the best way to describe the prices of Bitcoin (BTC) ASIC miners in the last two weeks, especially the high-end ones, as they average …

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How to extend the life of your ASIC mining equipment

Bitmain launches new Bitcoin miner with liquid cooling system

Key facts: Factors that degrade ASIC lifespan are temperature variations and vibrations. Immersion cooling eliminates fans and fan vibration, but comes at a high cost. The first batches of the Antminer S9 shipped in 2016, about 5 years ago from the time this article was published. They have proven to be incredibly durable mining equipment, …

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Intel Prepares High-Performance, Low-Voltage ASIC for Bitcoin Mining

Bitmain launches new Bitcoin miner with liquid cooling system

Key facts: The “Bonanza Mine” mining hardware will be unveiled in February at an industry event. Company executives had indicated that they worked in teams to mine cryptocurrencies. The world’s largest microprocessor manufacturer, Intel, will soon introduce an ASIC, called “Bonanza Mine,” for high-energy-efficient, low-voltage Bitcoin mining. This year, Intel has a presentation scheduled in …

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