Mining

US Mining Firms Increased Their Bitcoin Production Sixfold in One Year

ASIC miners for Bitcoin.

Key facts: Marathon’s revenue was up 556% in the first quarter of the year, compared to 2021. The hashrate of mining companies also grew and promises to continue to do so. Bitcoin (BTC) mining has established itself well in the past year. US companies engaged in the activity reported higher production and higher profit in …

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China returns to the Bitcoin mining map, but clandestinely

China returns to the Bitcoin mining map, but clandestinely

Bitcoin mining in China, which has continued to operate underground following government bans, currently ranks second in global Bitcoin hashrate. The Cambridge University Center for Alternative Finance (CCAF) re-included Chinese miners in its statistics, after a update recent to your web platform. To the surprise of many, the mining power from the Asian giant represents …

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Bitcoin mining survives China’s ban, and only beats the US – DiarioBitcoin

Bitcoin mining survives China's ban, and only beats the US - DiarioBitcoin

For DailyBitcoin Editor From September 2021 to January this year, China’s contribution to the Bitcoin mining network was second only to that of the US. *** Last year, despite the ban on Bitcoin mining by China and the migration of many of the miners for this reason, the activity not only continues to exist, but …

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“Underwater” Miners: How Does Liquid Cooling Help Bitcoin Mining?

"Underwater" Miners: How Does Liquid Cooling Help Bitcoin Mining?

A study shows that immersing Bitcoin mining hardware in cooling oil, to help them maintain an optimal temperature, has a series of benefits that make this activity more efficient and profitable. Liquid cooling is common in the field of computing and electronics and It consists of specially designed oils to dissipate heat from the hardware. …

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Authorities in the US accuse CEO of crypto mining company for scams estimated at USD $62 million – DiarioBitcoin

US authorities capture nuclear engineer after receiving cryptocurrencies for the sale of secret plans - DiarioBitcoin

For Angel Di Matteo @shadowargel The company operated a pyramid scheme in which the funds were diverted to the accounts of the directors, who took advantage of the capital to support their tastes and pleasures. The authorities warn that this type of scam is very common, and they invite potential investors to be very attentive …

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Bitcoin mining profitability falls to 2020 lows, with prices in the red

Bitcoin mining profitability falls to 2020 lows, with prices in the red

The profitability of Bitcoin (BTC) mining is facing a crisis. Right now, a miner earns for his investment the same as at the end of 2020, an important year for earnings from the activity. This, as a consequence of the recent price drop of the cryptocurrency and the rest of the market. According to graphics …

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Nvidia, the maker of GPUs for mining Ethereum, was fined $5.5 million

Nvidia, the maker of GPUs for mining Ethereum, was fined $5.5 million

Key facts: Nvidia did not deny or admit the facts and decided to pay a USD 5.5 million fine to the SEC. Nvidia spoke of revenue growth, but that was only from the gaming business. For failing to properly report its earnings from mining Ethereum (ETH) and other cryptocurrencies, US technology company, graphics card (GPU) …

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Nvidia to Pay $5.5 Million Fine to SEC for Omitting Crypto Mining Information

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

For Hannah Perez The US financial authority accused the company of withholding information about the impact of crypto mining on its gaming business and revenue. *** Nvidiathe multinational specialized in the development of graphics cards, GPUs and computer technology, will pay a millionaire fine to US regulators for providing “improper disclosures” about the relationship of …

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Income from mining Bitcoin falls 4% while the network increases its hashrate

comparative profit of bitcoin miners between January and April 2022

Bitcoin (BTC) mining revenues fell in April compared to March, a trend that has been going on for months but has not been an excuse for a drop in the participation of miners in the network. In accordance with Compass Mininga Bitcoin mining firm, the revenue from the activity (which adds the reward of 6.25 …

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