As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable

Tech	2022-5-26 18:21

Even as Bitcoin's mining difficulty adjusts downward, the price trend might spell a crisis for retail miners. On the other hand, it could be an opportunity for those looking to buy rigs.

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Источник: coindesk.com

rigs mining → Результатов: 126

China’s Bitcoin Mining Industry Get Hits by Ongoing Global Chip Shortage

A severe global shortage of computer chips used to make bitcoin mining rigs has reduced the production capacity of the rigs in China, which has the world’s biggest BTC mining rigs manufacturing industry.

2021-1-23 16:49	xbtusd
rigs mining global industry china bitcoin shortage

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Marathon Boosting Bitcoin Mining Game With 1,360 More Rigs Arriving in August

The publicly traded firm has bought hundreds of rigs from mining hardware rivals MicroBT and Bitmain.

2020-7-29 18:02	CoinFlash
rigs mining hundreds bought firm hardware bitmain

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Leadership Feud at Bitmain: 10,000 Antminers Go Missing in Inner Mongolia

Reports detail that 10,000 Antiminers have been allegedly stolen from a Bitmain facility in China. Sources say that the missing mining rigs concern the ongoing power struggle between Bitmain cofounders Jihan Wu and Micree Zhan.

2020-7-25 16:25
bitmain missing power ongoing concern mining say

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Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion

The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police extortion.

2020-7-11 00:30	Venezuela
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Iranian Crypto Miners Must Register Identities, Rigs, and Overall Size With the Government

Iran is one of the few countries that has embraced cryptocurrency mining as a legal business in a bid to increase revenues and escape the tough economic U.S. sanctions placed on the country. In a bid to regulate the crypto mining industry and eliminating confusion within the industry, the government will place monitoring controls on […]

2020-7-8 17:34	Mining
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Bitcoin’s 5% Drop in Value Puts Pressure on BTC Mining Operations and Older ASIC Rigs

During the last seven days, the price of bitcoin has dropped 4. 8% from a high of $9,700 on June 24, to a low of $8,965 on June 27. Since then the price has increased and the price per bitcoin is back above the $9k zone but much lower than before.

2020-7-1 03:05
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US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain

U. S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29.

2020-6-30 05:15	УС
bitmain bitcoin mining miner core contract scientific

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Ousted Bitmain Co-Founder Halts Antminer Shipments

Reports are emerging from the People’s Republic of China that Bitcoin mining giant, Bitmain, is delaying shipments of the firm’s popular Antminer rigs. The news was revealed by the head of marketing at Hashkeyhub, Molly [@molllliy], on her Twitter account, citing a translation from Weibo, China’s leading microblogging portal.

2020-6-16 16:43
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Hut 8 Plans $7.5M Offering to Upgrade Bitcoin Mining Rigs

Hut 8 Mining is looking to raise at least $7.5 million to upgrade its fleet of BlockBox bitcoin miners.

2020-6-11 00:58
bitcoin hut mining upgrade million miners fleet

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A Number of Small Bitcoin Mining Farms Are Quitting as Older Mining Rigs Become Worthless

Bitcoin mining has changed a great deal since the block reward halving on May 11, 2020, and the overall SHA256 hashrate has been between 100-120 exahash per second (EH/s) during the last 48 hours.

2020-6-11 18:45
mining bitcoin hashrate sha256 2020 between overall

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Marathon Installs 700 New Bitcoin Mining Rigs as Competition Heats Up

The competition in the North American Bitcoin mining arena could be heating up with the news that Marathon is upping its hash rate capacity by 56PH/s. Marathon, a Nasdaq-listed crypto mining firm announced the installation of 700 Bitcoin miners via a press release on Wednesday.

2020-6-4 08:15
marathon bitcoin mining 700 competition nasdaq-listed 56ph

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Post-Halving Reality: Bitcoin Cash Network ‘Not Looking Healthy’ As On-Chain Metrics Continue Slumping

Since the block rewards for Bitcoin Cash (BCH) miners were cut in half more than a month ago, the network has awakened to a harsh new reality. A good number of miners on the network pulled the plug on their mining rigs due to the reduced revenue.

2020-5-26 16:45
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Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions

Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7.

2020-5-5 03:15
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Microbt Reveals Two Next-Generation Mining Rigs With Speeds Up to 112 Terahash

Competition is heating up in the world of bitcoin mining rig manufacturing. Just recently, the Chinese producer Microbt has announced the launch of the M30S++ miner that processes speeds up to 112 terahash per second (TH/s).

2020-4-19 17:35
terahash speeds microbt 112 mining second per

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Bitcoin Hashrate hit 30-Days High, Bitcoin price can follow the same lead

Twenty-eight days to go for next Bitcoin Halving, and Miners are all stock up with their mining rigs, continuously mining with their full capacity. We can see the positive effect of miner’s participation on the bitcoin network hash rate, which has been increasing quite nicely from the last few weeks.

2020-4-16 14:43	featured
bitcoin mining participation network miner see positive

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Russian Police Take Down an Illegal Bitcoin Mining Farm

Russian police seized almost 1,500 mining rigs from an illegal Bitcoin mining farm, spread across several locations

2020-3-28 02:00	Crimes
mining bitcoin russian illegal farm police locations

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Microsoft Files Patent For New Cryptocurrency and Mining System

Microsoft wants to create a new cryptocurrency that’s still mined using PoW–except replacing expensive power-intense mining rigs with basic human energy. If that sounds a little strange, you should take a dive deep into the details of the patent published yesterday filed by Microsoft.

2020-3-27 17:02
microsoft mining cryptocurrency patent new strange should

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Bitcoin: Will the upcoming mining difficulty adjustment help small miners?

With Bitcoin's price hitting a 10-month low, a mining disaster seemed inevitable. In fact, several major mining rigs may be on the verge of shutting down owing to the current market situation. AccoThe post Bitcoin: Will the upcoming mining difficulty adjustment help small miners? appeared first on AMBCrypto.

2020-3-23 19:30	BTC Trading View
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Zigmabit Launches New Cutting-Edge Endothermic Cryptocurrency Mining Rigs

Zigmabit’s New Endothermic Cryptocurrency Mining Rigs Make Industrial Scale Hardware Suitable for Use In Residences and Small Business Locations Thanks to Superior Cooling Systems and Low Noise Operation.

2020-3-6 17:07	Press Release
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98 Percent of Bitcoin (BTC) Mining Rigs to Become Obsolete

Outdated Bitcoin (BTC) mining hardware will continue creating piles of e-waste, a researcher warns

2020-3-1 11:22
btc bitcoin mining creating continue piles researcher

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Bitmain Launches New AntMiner S19 Series Mining Rigs In Preparation Of BTC Halving

Bitmain announced on Thursday the launch of AntMiner S19 and S19 Pro, both models with a power of 110 TH/s and consuming 29.5 W/TH. According to the specifications provided by the company, S19 and S19 Pro are the most profitable mining devices for BTC, with MicroBT’s WhatsMiner M30S following closely behind. Announcing the #Antminer S19 […]

2020-2-28 21:13	Bitmain
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Unconfirmed: Antminer E3 Allegedly Stops Ethereum Classic (ETC) Mining, Ethereum (ETH) Mining Has Only One Month Left

Altcoin mining pool 2Miners reported that they noticed a sixfold hash-rate drop on Antminer E3 mining rigs and contacted its producer, Bitmain. Here's the answer.

2020-2-24 16:46
mining ethereum antminer rigs drop hash-rate sixfold

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Tokyo-Based Zigmabit Offers Mining Rigs for Homes and Offices

Cryptocurrency mining develops rapidly like any high tech sector. Improvements in the hardware and auxiliary systems make it possible to design mining rigs that are more compact and silent than they used to be, while also profitable to run.

2020-1-15 22:15
mining rigs design possible make compact profitable

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Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client

DMG Blockchain Solutions has set up 1,000 new Bitcoin mining rigs at its British Columbia facility for an unnamed U.S. client

2020-1-10 16:54	Cryptocurrencies
bitcoin mining rigs new client dmg blockchain

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Chipmaking Giant Samsung Reveals 3nm Semiconductor Prototype

In mid-December, Intel revealed that the company expects to design 2nm and 1. 4 nm semiconductors by 2029. During the same timeframe, regional sources reported Canaan and Bitmain will reveal new mining rigs this year equipped with TSMC-based 5nm chips.

2020-1-6 22:00
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Bitmain and Canaan to Reveal 5nm Bitcoin Mining Chips in 2020

Two of the largest bitcoin mining chip manufacturers have plans to equip their products with 5nm chips in the near future. Just recently, China-based manufacturer Bitmain purportedly produced the world’s first 5nm test-grade bitcoin mining chip and more efficient mining rigs will see mass production next year.

2019-12-27 02:20
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Chinese Police Seize Thousands of Miners, Arrest Dozens of Scammers

In the last couple of days, Chinese media have reported on police forces in one province of the vast Asian country seizing close to 7,000 mining rigs using stolen electricity and in another province arresting 72 multi-level marketing scheme operators for alleged fraud.

2019-12-25 02:00
province chinese police using electricity stolen rigs

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2019’s Bitcoin Miners Are 5x Faster Than Predecessors

High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their generational predecessors.

2019-12-14 00:55
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Chicago Company Mines at Oil Wells, Educates Producers About Bitcoin

Utilizing stranded gas to power bitcoin mining rigs at oil and gas wells is a promising business opportunity. It is profitable for all participating parties and beneficial for the environment. Not without challenges, this young industry is growing in energy-rich North America.

2019-12-7 03:30
bitcoin wells gas oil environment north parties

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Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit

Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0. 12 per kWh are profiting at current prices.

2019-12-2 23:45	Mining
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Sesterce Cloud Mining: Safe Bitcoin Mining Provider for Legit Profits?

What is Sesterce Cloud Mining? Sesterce is a cloud mining platform that offers the best products that are keen on matching your every need with the best technological inventions the world has to offer.

2019-11-14 23:10	Reviews
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BTC Miners: No More Basement Rigs, Greater Profits to Come

As Bitcoin firms add to their arsenal, it seems there’s no stopping the BTC mining industry. But is it still profitable in 2019?

2019-11-8 17:21	Cryptocurrencies
btc seems mining stopping 2019 profitable still

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4 New High-Powered Bitcoin Miners Revealed

Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.

2019-10-12 04:18
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Bitcoin Mining Rigs Set for New Upgrades as 2020 Block Reward Halving Approaches

Bitcoin halving set for 2020 has seen manufacturers of mining machines up the game in preparation for the event. Leading firms within this arena are now producing more efficient Bitcoin mining rigs with notable players such as Bitmain, Ebang and Pangolin increasing power by over 500%. At the moment, Bitcoin mining hashrates are at the […]

2019-10-11 19:01	bitcoin mining
bitcoin mining halving 2020 rigs set such

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Bitcoin Halving 2020 Spells Doom for Older Mining Rigs

With a little over six months left until the next Bitcoin halving, the mining rig industry is busting a gut to meet changing demands. This applies to Bitmain, Pangolin, Ebang, Innosilicon, and pretty much all other established brands in the trade.

2019-10-11 03:34
bitcoin mining halving rigs spells older doom

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Bitmain to Release Two New Improved Crypto Mining Rigs, S17+ and T17+

The co-founder of Bitmain, Jihan Wu, has recently announced two new mining rigs during the World Digital Mining Summit, which is happening at Frankfurt right now. He revealed that the company will launch the Antminer S17+ and the T17+ soon.

2019-10-10 00:11	Bitmain
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Bitmain Announces Two New ASIC Cryptocurrency Mining Rigs

Leading ASIC miner producer Bitmain announced two new series 17 Bitcoin mining machines

2019-10-10 23:54	bitcoin mining
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Video Shows $10M Chinese Bitcoin Mining Farm in Flames

During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed.

2019-10-1 17:00
mining farm bitcoin video chinese flames 10m

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Bitharp’s Newest Cryptocurrency Miners are a Resounding Success

New Zealand-based cryptocurrency mining equipment manufacturer Bitharp on September 22, 2019, stated that its two newly released crypto mining rigs – Lyre Miner and Harp Miner – are becoming increasingly popular in terms of return on investment among both, seasoned and amateur digital currency miners.

2019-9-23 11:00	New Zealand
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Argo Blockchain Mining Company Plugs In 1,000 New Mining Rigs, Bringing Total to 6,000 Units

The crypto mining company Argo Blockchain recently installed 1,000 mining machines on its Bitcoin mining facilities. According to reports, these new machines will take the current number of miners up to 6,000.

2019-9-20 21:56	Mining
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Bitfury Opens Direct Sales Of Bitcoin Mining Equipment To SMEs

Bitcoin mining rig manufacturer, Bitfury, has published prices on its equipment for the first time. According to an article in Russian-language, RBK-Krypto, the company has opened online hardware sales to small and medium-sized enterprises.

2019-9-18 16:10
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BitHarp launches latest mining rigs, Lyre Miner and Harp Miner

BitHarp, a renowned manufacturer announced new mining rigs Lyre Miner and Harp Miner. These newly introduced mining rigs promise to deliver high-performance along with the advanced features aimed at reducing electricity consumption and improved usage capabilities for miners.

2019-9-14 03:10
miner mining harp rigs bitharp lyre launches

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Bitcoin’s old mining rigs are still profitable investments, claims report

Bitcoin continued to remain in the spotlight today. This time however, it grabbed the attention of crypto-paparazzi for the mining rigs used to mine it. According to a report, overall costs including initiation costs and the rental of older mining rigs still makes BTC mining a profitable venture, with the king coin priced at $10,288.

2019-9-11 23:30	Bitmain
mining rigs report bitcoin profitable still costs

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Bitcoin Mining Is Currently Profitable Even with Older Mining Rigs: Fundstrat Report

Bitmain S9 is still profitable at current Bitcoin prices despite being launched in November 2017

2019-9-10 19:14
bitcoin profitable mining prices despite current being

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Sustainable Bitcoin Mining Bolstered by German Company

Northern Bitcoin AG, a German company specializing in the manufacturing of sustainable infrastructure for cryptocurrency mining, has announced the competition of testing for their newest product: an air-cooled mining container.

2019-9-9 15:00
mining bitcoin cryptocurrency container sustainable company german

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Bitcoin Mining Giant Named One of China's Hottest Startup Employers

China has held the crown for being the home of some of the largest makers of bitcoin mining equipment for years now. According to LinkedIn, one of these bitcoin mining rigs has emerged as a favored destination for job seekers in the world’s second-largest economy.

2019-9-5 19:54	China
bitcoin mining china one employers named startup

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Hotmine’s Bitcoin Miners Are Using Mining Rigs To Heat Homes In Eastern Siberia

Oles Slobodenyuk, the CEO of Hotmine, has created a very interesting product. His company decided to create a Bitcoin mining machine that could be used as a way to heat homes. The place in which it will be used? Siberia, one of the world’s coldest regions. The idea of his project is to be able […]

2019-8-24 21:29	bitcoin mining
used siberia hotmine homes mining bitcoin heat

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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash.

2019-8-20 19:40
mining hashrate bitcoin rigs accelerating high-powered drive

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Prices of Bitcoin Miners in China Have More Than Doubled

The bitcoin mining frenzy is on and miner rigs are once again in high demand following the recent market escalation. It saw the industry emerge from a five-month crypto winter.… The post Prices of Bitcoin Miners in China Have More Than Doubled appeared first on CoinCentral.

2019-8-7 23:14	Mining
bitcoin doubled prices miners china five-month emerge

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