Bitcoin Mining Power Declines; Average Hashing Power Reduces to 90 EH/s

2019-11-2 03:59

Bitcoin’s seven day average mining power suffered a drop in the week bygone to 90 EH/s from 97.90 EH/s on 24th October. The drop comes after the mining power saw three months of continuous rise. According to Chris Zhu, the co-founder of Poolin, the reason for this decline is surprisingly unobvious – the end of […]

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Источник: bitcoinexchangeguide.com

power mining → Результатов: 126

Still growing — Armenian mining operator increases power plant capacity

As cryptocurrency mining operators look for new locations, an Armenian firm has added an additional 60MW cloud hosting facility based at a local power plant.

2022-8-24 11:36	Mining
power mining plant armenian additional added 60mw

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Iran Outlaws Bitcoin Mining Amid Power Shortage Crisis

Iran has experienced recent issues with rolling blackouts and power shortages that have been blamed on new bitcoin mining farms in the region. The post Iran Outlaws Bitcoin Mining Amid Power Shortage Crisis appeared first on BeInCrypto.

2021-7-30 22:30
power mining bitcoin iran crisis shortage amid

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Bitcoin Mining Power Sees Short-Term Drop as Rainy Season Ends in China

After sustained growth over the past three months, bitcoin's mining power has dropped with a seasonal falloff in hydropower output in China.

2019-11-1 14:45
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Leaked Internal Bitmain Meeting Transcript Shows Mining Company’s Leadership Troubles

Bitmain is not having an easy time right now. A transcript of a staff meeting has recently surfaced online and it shows that there is a power struggle happening inside the largest mining rig manufacturer in the world.

2019-10-31 00:56	Bitcoin Information
mining transcript shows bitmain meeting world documents

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Leaked Transcript Details Power Struggle Inside Bitcoin Mining Giant Bitmain

A transcript of a Bitmain staff meeting reveals an ugly power struggle inside the world's biggest bitcoin miner maker that led to the abrupt ousting of co-founder Micree Ketuan Zhan.

2019-10-31 18:30	Bitmain
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Bitmain covertly files Deutsche Bank-sponsored IPO application with the SEC

Chinese Bitcoin mining giant, Bitmain, has been in the news lately over infighting and power struggles in its hierarchy. The firm is in the news again after Tencent News reported that it is secretly fThe post Bitmain covertly files Deutsche Bank-sponsored IPO application with the SEC appeared first on AMBCrypto.

2019-11-1 14:13	News
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UK Bitcoin Miner Eyes 240% Capacity Boost With New $10M Hardware Order

U.K.-based Bitcoin mining firm Argo Blockchain has doubled its order of new cryptocurrency miners to secure a 240% hash power increase

2019-10-30 12:26	United Kingdom
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Mining giant Bitmain drives out co-founder Micree Zhan, BCH surges

Bitmain, one of the largest mining hardware manufacturers in the world, has ousted co-founder and largest shareholder Micree Zhan Ketuan in what seems to have been a bloody power struggle within the company.

2019-10-30 23:37	Price Watch
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Mining giant Bitmain drives out co-founder Micree Zhan, BCH surges

2019-10-30 23:37	Price Watch
zhan bitmain micree co-founder mining largest bch

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Litecoin Hashrate Decreases by Over 50% Since This Year’s Block Reward Halving

A lot of information can be garnered from looking at any cryptocurrency’s network hashrate. In the case of Bitcoin, the opinions regarding this matter have been well-documented over the past few years.

2019-10-29 01:50	Mining
litecoin hashrate past halving decreases reward year

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Bitcoin Hashrate Flying High, Miners Continue to Bet on Bitcoin

The collective computing power supporting the Bitcoin network has just hit a new all-time high. Evidently, the recent dips in the price of the number one digital asset have not perturbed those in the mining industry.

2019-10-26 11:42	volume
bitcoin high asset industry flying mining hashrate

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Bitmain Aims to Build a 300MW Texas Mining Farm

The Beijing-based Bitmain Technologies and DMG Blockchain Solutions announced the launch of a 25MW mining facility in Rockdale, Texas. The new mine aims to bolster Bitmain’s international expansion which will soon expand to 50MW of processing power and then extend the operation’s capacity to more than 300MW.

2019-10-23 08:00
bitmain mining texas 300mw aims farm build

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Bitcoin Mining Moves to Texas, Bitmain Announces Partner for Massive New Facility

The Bitcoin mining giant Bitmain has just announced that it will work with a Canadian startup to help create a facility with potentially 300MW of power in Texas. DMG Blockchain Solutions Inc. will be providing the Chinese firm with project management services.

2019-10-22 23:00	texas
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Bitcoin Mining Startup Layer1 Raises $50M from Peter Thiel, Shasta Ventures and Others

Coinspeaker Bitcoin Mining Startup Layer1 Raises $50M from Peter Thiel, Shasta Ventures and OthersBitcoin mining startup Layer1 will run its own power sub-station and utilize solar and wind energy generated on the plains of West Texas.

2019-10-21 12:12
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Layer1 Secures $50M in Funding to Rebalance the Global Bitcoin Hash Power

Layer1 has secured new funding to develop a full-stack bitcoin mining infrastructure and bring more of the global hash power to the U.S. The post Layer1 Secures $50M in Funding to Rebalance the Global Bitcoin Hash Power appeared first on Bitcoin Magazine.

2019-10-16 18:50
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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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Singapore Man Faces 34 Years in Prison for Illegal Crypto Mining

A 29-year-old man from Singapore faces 34 years in prison after allegedly stealing Amazon AWS and Google Cloud computing power and services to mine crypto. Stole Victims’ Information to Mine Crypto Ho Jun Jia also known as Matthew Ho was taken into the custody of the Singapore Police Force on September 26 after being charged under a 14-count indictment.

2019-10-11 18:00	Singapore
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Chinese Bitcoin Miners Migrate North After Wet Season

A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after the wet season in Sichuan.

2019-10-10 06:35
season chinese wet miners bitcoin migrate north

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Bitmain launching two new enhanced Antminer 17 series miners

Bitmain launching two new enhanced Antminer 17 series miners - CryptoNinjas Bitmain, a developer of chips, servers, and cloud solutions for blockchain and AI applications, today announced two cryptocurrency mining models: S17+ and T17+ – from the Antminer 17 series.

2019-10-9 19:14	Bitmain
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Bitcoin Mining Farm Burns Down

A bitcoin mining farm caught fire last week due to what some suggest was faulty wiring and bad power supply units (PSUs). The industrial mining farm appears to be four... The post Bitcoin Mining Farm Burns Down appeared first on Trustnodes.

2019-10-8 17:21	News
mining farm bitcoin down burns industrial appears

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NiceHash Mining Power Provider’s Co-founder Arrested For A Million Dollar Theft

Co-founder of NiceHash which is a Slovenian cryptocurrency hash power broker – Matjaz Skorjanc was reportedly arrested in Germany on the US charges of a million-dollar theft. The US officials were already in search for Matjaz Skorjanc for running a cybercrime forum Darkode for almost 5 years taking us back to 2013 and for creating […]

2019-10-3 18:40	bitcoin mining
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Russian Scientists Fined for Mining Bitcoin on Hijacked Supercomputer

A Russian scientist has received a fine for mining Bitcoin at a top-secret nuclear facility. Denis Baykov has been ordered to pay 450,000 rubles, or about $6,900 for his involvement in the scheme.

2019-10-3 01:00	Crypto
bitcoin mining scientists russian nuclear hijacked fined

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Op Ed: Belarus and the Case for National Bitcoin Strategies

Belarusian President Alexander Lukashenko has suggested the country begin mining bitcoin with its nuclear power. What could this mean for the world? The post Op Ed: Belarus and the Case for National Bitcoin Strategies appeared first on Bitcoin Magazine.

2019-10-2 20:48
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Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners

A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.

2019-9-30 15:00
miners uzbekistan raising fears power price plans

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Bitcoin Hashrate Bombs 30% Following Bakkt Launch, Coincidence?

The total cumulative power of the computer systems mining the Bitcoin blockchain has plummeted by around 30 percent today. The sudden downtrend started just before the launch of the much anticipated Bakkt platform yesterday.

2019-9-25 01:00
bakkt bitcoin launch sudden coincidence hashrate bombs

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Kyrgyzstan Cuts Off Power to 45 Crypto Miners for Overconsumption

Kyrgyzstan cuts off power to 45 crypto mining firms as they consumed more energy than three local regions combined

2019-9-20 14:37
kyrgyzstan crypto cuts off power three energy

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Bitcoin’s Hash Rate Has Grown 61% in the Last Month, Breaks Above 100 EH/s

Hash power on the Bitcoin network has been soaring since May of this year. In the last month alone, Bitcoin has gone from a hash rate of 63. 79 million EH/s to 102. 85 EH/s. This massive increase directly signals major interest in mining as the block reward halving approaches with less than a year to go,Read MoreRead More.

2019-9-20 02:00	ethereum
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Explosive Mining Growth Indicates High Confidence in Bitcoin (BTC)

Bitcoin miners are not giving up, showing immense confidence and working against significant network difficulty. The last difficulty hike from September 13 made it 10. 38% less likely for miners to discover a block.

2019-9-19 18:00	Mining
bitcoin mining confidence difficulty growth explosive high

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Bitcoin Mining Power Hits New High as Half a Million New ASICs Go Online

The computing power dedicated to mining bitcoin has hit yet another new high, suggesting that as many as 600,000 machines have come online since June.

2019-9-16 07:00	bitcoin mining
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Bitcoin’s mining difficulty likely to increase as higher computing power will come into play

The first half of 2019 witnessed a Bitcoin bull surge that enabled the largest crypto asset to escape bearish winter. Bitcoin peaked at $13,800 on June 26th but bullish momentum slowly decreased.

2019-9-14 20:00
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У Bitmain вышли два новых ASIC-майнера

Китайская компания Bitmain, один из ведущий производителей оборудования для майнинга, представила два новых ASIC-майнера. Introducing the new #AntminerS17e & #AntminerT17e, 2 new miners that offer the best value for mining.

2019-9-10 19:10	#mining
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Bitmain Ramps Up Power and Efficiency With New Bitcoin Mining Machine

Crypto mining giant Bitmain is launching two new models for its Antminer range, one of which is its most powerful yet.

2019-9-9 17:10
mining bitmain new range antminer ramps one

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Компания Bitmain представила два ASIC-майнера

Крупнейший производитель майнеров Bitmain представил два новых продукта — Antminer S17e и Antminer T17e. Продажи стартуют 9 сентября. Introducing the new #AntminerS17e & #AntminerT17e, 2 new miners that offer the best value for mining.

2019-9-6 13:54	майнинг
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Bitcoin miners set up in Siberia aiding network decentralization

Cheap hydroelectricity and frigid year-round temperatures have made the Siberian city of Bratsk home to several Bitcoin mining farms. By repurposing abandoned Soviet munitions factories the region could soon become a new hub for Bitcoin mining, moving hash power away from the now-dominant Chinese mining sector.

2019-9-6 09:25	Mining
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Cryptocurrency Mining: Are ASICs Causing Centralization?

You can’t really discuss the topic of cryptocurrency mining without getting into issues surrounding the concept of centralization. One of the greatest aspirations of cryptocurrency communities is to decentralize the monetary system and create “trustless” transactions.

2019-9-2 14:11	Mining
cryptocurrency mining centralization trustless causing asics currency

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Capital One hacker indicted by authorities for illegal cryptocurrency mining, crypto-jacking operations

In the latest update from the Capital One illegal cryptocurrency mining case, hacker Paige Thompson has been indicted for stealing data, in addition to using stolen computer power for crypto-mining activities.

2019-8-29 19:00
cryptocurrency mining thompson crypto-jacking illegal indicted hacker

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The Mining Power of Litecoin Has Went Down Over 25% Since The LTC Block Halving

Litecoin (LTC) miners are facing problems recently. Many of them have decided to unplug their mining devices after the most recent halving happened. Data from the LTC network shows that the difficulty is going down because of that.

2019-8-24 23:37
ltc halving down litecoin mining million went

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Halving reduced Litecoin’s mining hash rate by almost 30%

Litecoin’s halving on Aug. 5 reduced the network’s mining difficulty and hashing power by almost 30 percent. The difficulty dropped from just under 16 million a day before the halving to 11. 40 million on Aug.

2019-8-23 22:16	Mining
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Litecoin’s Mining Power Has Fallen 28% Since Its Block Rewards Halving

Mining power on the litecoin network has dropped by 28 percent since its recent "halving" event as miners struggle for profit.

2019-8-23 13:30	Halving
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Litecoin’s Mining Power Has Fallen 28% Since Its Halving

Mining power on the litecoin network has dropped by 28 percent since its recent "halving" event as miners struggle for profit.

2019-8-24 13:30	Halving
halving litecoin power mining event miners recent

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Ukrainian Authorities Arrest Bitcoin Miners at Nuclear Energy Plant

Security Service of Ukraine (SBU), the nation’s primary law enforcement authority, has arrested several individuals for illegally mining bitcoin (BTC) and altcoins at the state’s nuclear power plant (NPP), reports RT on August 22, 2019.

2019-8-23 21:00
bitcoin sbu mining ukraine plant arrest miners

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Crypto Mining Equipment Found At Ukraine Nuclear Power Plant

The Security Service of Ukraine confiscated crypto mining equipment from a single office in the administrative wing of the South Ukrainian Nuclear Power Plant. The seized equipment included 16 GPU video cards, 7 hard drives, 2 solid-state drives, a motherboard, extension cords, and a router.

2019-8-23 19:49	World
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Thief jeopardizes state secrets by using nuclear power plant to mine cryptocurrency

People will do anything to get their hands on that sweet cryptocurrency including, perhaps one of the most audacious yet, using secret areas in a nuclear power plant to hide and power mining machines.

2019-8-22 11:42	hard fork
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Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining

Rampant flooding in China’s Sichuan province has had a catastrophic effect on some of the world’s leading bitcoin mining operations. The post Major Flooding Disrupts Chinese Hydro Power, Bitcoin Mining appeared first on Bitcoin Magazine.

2019-9-6 00:21
bitcoin flooding mining power disrupts major chinese

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Authorities Seize Crypto Mining Equipment from Nuclear Power Plant

Two raids of the South Ukrainian Nuclear Power Plant uncovered GPUs, hard drives, and cooling equipment used to mine cryptocurrencies.

2019-8-23 00:00
power plant equipment nuclear drives hard gpus

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Ukrainian Power Plant Officials Accused of Unauthorised Cryptocurrency Mining

SBU (Security Service of Ukraine) detectives have discovered a cryptocurrency mining operation at one of the nation’s nuclear power plants. The agency has reason to believe that it was officials at the facility that had installed the unauthorised hardware.

2019-8-22 23:00	ukraine
mining officials power cryptocurrency unauthorised operation installed

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Heavy Rain And Mudslides Disrupt BTC Miners In China

Heavy rain has resulted in mudslides in China’s Sichuan province, disrupting bitcoin mining operations in the area and forcing some hydroelectric power plants to stop generating electricity.

2019-8-21 19:23	Technology
heavy mudslides china rain hydroelectric area power

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Bitcoin SV: one mining pool controls +50% of BSV hash power

Most of the assets enjoyed a lucrative period from April to June but the controversial Bitcoin SV faced a few “hiccups” along the way. Bitcoin SV went through a tumultuous journey this year, with the coin being delisted by major exchanges like Binance and Kraken, which led to its drop in rankings as well.

2019-8-19 15:59	Trading View
bitcoin hash power bsv one mining controls

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Hostile mining attacks on minority hash power coins

Charlie Lee announced that Litecoin controls 98 percent of the hash rate for its “Scrypt” mining algorithm. This dominance is critical for the security of LTC. Meanwhile, other coins which have minority control over their algorithm, such as Bitcoin Cash and Bitcoin SV, remain at high risk of malicious attack.

2019-8-20 11:02	Mining
coins hash minority mining algorithm hostile bitcoin

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Genesis Digital Assets to Mine Bitcoin using Argentina’s Stranded Gas

Bitcoin mining activities are on the rise globally, showcasing the resilience of this highly competitive industry. Genesis Digital Assets Limited has announced an initiative to mine Bitcoin using stranded gas in Argentina.

Arkansas governor to reportedly sign two bills regulating crypto mining activities

Arkansas State Governor Sarah Huckabee Sanders is expected to sign two new bills regulating crypto mining activities within the state, according to various sources. The state lawmakers passed Senate Bills 78 and 79 on May 1 to tighten the regulations governing crypto miners in the state.

Babylon Chain aims to enhance Bitcoin’s utility through staking, reveals CEO

In the latest episode of the SlateCast, CryptoSlate welcomed David Tse, CEO and co-founder of Babylon Chain, to discuss the groundbreaking concept of Bitcoin staking and its potential to secure Web3.

Jack Dorsey’s Block Is Building a Bitcoin Mining System

The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.

Marathon Brings The Heat As Bitcoin Halving Approaches

In a sit down with Bitcoin Magazine just days before the Halving, CEO of Marathon Digital Holdings Fred Thiel articulates his plan to capitalize on the main byproduct of mining bitcoin: heat.

New legislation in Arkansas singles out Bitcoin miners introducing targeted state fee

The Arkansas Senate has greenlit a resolution introducing legislation to impose fees on crypto miners for excessive energy consumption, Arkansas Times reported on April 15. The proposed legislation introduces a tiered fee structure to the emerging industry.

Bitcoin set to reach $90,000 by year-end, forecast Bernstein analysts

Bernstein is bullish on Bitcoin, raising its year-end price target to $90,000 and extending the positive outlook to Bitcoin miners.

2019-11-2 03:59

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