equipment

Bitcoin mining equipment is at 2020 prices, at the beginning of the bull market

graph of the average prices of bitcoin mining equipment in conjunction with the price of BTC

Key facts: The oldest and least efficient equipment is the one that has suffered the most price variation. Mid-range equipment is also listed at a lower price in second-hand markets. The price of specialized equipment to mine Bitcoin follows the logic of the market. With the bear market continuing, the prices of the various models …

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AFIP disconnected Bitcoin mining farm with undeclared equipment

AFIP supervisors inspecting a mining farm in Córdoba, Argentina

Key facts: In the warehouse where the equipment worked, the man said he kept fruit to trade. According to the investigating bodies, he would have used his company to bring the equipment into the country. The Federal Administration of Public Revenues (AFIP) discovered a Bitcoin mining farm in the province of San Juan, in the …

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Bitcoin miners made money by turning off their equipment

Bitcoin miners made money by turning off their equipment

Key facts: Riot earned the equivalent of 430 BTC in energy credits, after shutting down their many teams. The company still keeps more than 12,000 Bitcoin mining rigs powered off. The collaborative spirit of the community of actors who develop Bitcoin wins battles every day. This is demonstrated by Riot Blockchain, a mining company that …

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Manufacturers aim to sell Ethereum Classic mining equipment

Manufacturers aim to sell Ethereum Classic mining equipment

With the imminent abandonment of Ethereum mining, ASIC equipment manufacturers are turning their efforts towards other networks. Among them stands out Ethereum Classic (ETC). Currently, both Ethereum and Ethereum Classic, allow mining with graphics cards or GPUbut there are also specialized ASICs. One of these teams is the Antminer A9, launched in early July by …

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Bitfarms installs thousands of Bitcoin mining equipment in the midst of a bear market

Bitcoin miners continue to move into the future with the installation of equipment in new mining farms. This was announced by Bitfarms with the announcement of the second phase of operations in “El bunker”. A release disclosed yesterday, describes the ability to mine Bitcoin of the Bitfarms mining farm, a company founded by Argentines with …

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Old Bitcoin mining equipment can be exchanged for discounts at Bitmain

Old Bitcoin mining equipment can be exchanged for discounts at Bitmain

Key facts: For those who have an old device, you can redeem it for coupons between USD 36 and USD 200. The campaign is valid between July and September and seeks to generate a “cleaner” mining. Bitmain, one of the world’s leading Bitcoin mining equipment developers, has launched a campaign to replace old equipment on …

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Bitcoin miners in Texas turn off their equipment in the face of a threatening heat wave – DiarioBitcoin

Texas could raise funds through NFT and harness 'abundant' energy to mine Bitcoin

By Hannah Perez Virtually 100% of industrial-scale crypto mining operations in Texas closed in the face of the weather event. *** Bitcoin miners in Texas close due to heat wave. “More than 1,000 megawatts of Bitcoin mining load was turned off.” At the beginning of 2022, a snow storm had already affected the miners of …

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Bitcoin Mining Equipment May Be Obsolete Before Bear Market Ends

Bitmain S9 miners dominance chart.

As a result of the obsolescence acquired by technological equipment, it is possible that the oldest Bitcoin mining ASICs, with more than five years in operation, fall to zero values ​​before the bear market ends, pushed by the efficiency and superior power of the newer models, which will end up burying the first specialized hardware …

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Argentina Customs Seizes $21 Million in Crypto Mining Equipment Due to Invoice Irregularity – DiarioBitcoin

Texas could raise funds through NFT and harness 'abundant' energy to mine Bitcoin

By Hannah Perez Argentine authorities detected an alleged overbilling scheme involving more than 2,000 crypto mining machines. *** Government of Argentina seizes 2,233 crypto mining machines. The imported equipment was not properly invoiced. The case contributed to the tightening of customs controls. The Argentine customs authority has seized a batch of cryptocurrency mining equipment due …

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