Key facts: Core Scientific does not skimp on continuing to sell bitcoins to maintain its operations. The company sold about 85% of its bitcoin holdings to finance its mining activity. The Bitcoin mining company Core Scientific reported on Tuesday that they sold more than 7,200 bitcoins (BTC) during the month of June. As he explained, …
Miner that contributes 10% of the Bitcoin hashrate sells thousands of BTC Read More »
By Hannah Perez The North American-based Bitcoin mining company sold $167 million worth of BTC in June, far more than it produced. *** Core Scientific sold $167 million worth of Bitcoin in June. The firm sold 6 times more BTC than it mined and plans to continue selling. Other miners are also liquidating their Bitcoin …
By DailyBitcoin Editor Greenidge Generation has been in trouble with environmentalists for its use of fossil fuels to power its mining operation Bitcoin at Seneca Lake in New York. *** NYSDEC Denied Greenidge Generation’s BTC Mining Operation Request Says the company is polluting The company has one month to challenge and will The New York …
New York Environmental Regulators Deny Permit to Bitcoin Miner Greenidge Read More »
An investigation aims to design a smart contract to “hold” Bitcoin transactions, that is, prevent their confirmation by miners. More than a practical implementation, it is about an intellectual exercise to assess the anti-censorship qualities of Bitcoin, a protocol in which all its users are supposed to have the same freedom and opportunity to transfer …
With this smart contract a miner could hold onto your bitcoins (in theory) Read More »
Key facts: Joaquín Leal, an Ethereum miner, recommends buying crypto instead of mining right now. Ethereum mining difficulty is about 14.50 P. The profitability of Ethereum (ETH) mining is also suffering from the impact of the red market that has been reported since the last two weeks. There are miners who are seriously thinking about …
“I’m about to shut down the rigs” due to low profitability, says an Ethereum miner Read More »
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 …
Bitcoin ASIC miner prices have fallen 22.6% since the beginning of the year Read More »
By DailyBitcoin Editor Bitmain informs that it launches the new miner, and at the same time the news of its association with with Allrise Capital to convert an old paper mill into a huge cryptocurrency mining center. *** The world’s largest manufacturer of crypto mining platforms, BitMainlaunched a new liquid-cooled mining rig that boasts the …
Key facts: The miner used a mere 1.14 PH/s to find and resolve the block. Only CK Pool now has 30 PH/s to continue processing the Bitcoin network. A true feat. Another lone bitcoin (BTC) miner solved a block and got the full reward. This is the fourth in less than a year. Like the …
Fourth lone bitcoin miner achieves another feat and collects more than USD 240 thousand Read More »
Key facts: It is the third case in less than a month, and this is the one with the least mining power. In total, the miner obtained 6.56 BTC in block 720,175 of the Bitcoin network. Another miner did. In less than a month, there are already three who alone take the entire reward of …
With this “mini farm”, another miner alone received a reward of more than 6 bitcoins Read More »