Tag: asics

Aug 04 2021

Nick Sears Said No To College, Yes To Bitcoin, Is Making $54,000 A Year

Sears was 17 years old when he got into BTC mining, now he is 19, oversees a farm with 4,500 ASICs, and makes $54,000 a year.Nick Sears, a 19-year-old entrepreneur from Dallesport, Washington, has said no to college and yes to bitcoin when he was 17 years old and helped build a bitcoin mining farm in that town. Now, he earns $54,000...

Jul 08 2021

Gryphon Mining Buys 7,200 Bitcoin Mining Rigs For $48 Million

Bitcoin mining company in the making Gryphon has announced an agreement to purchase 7,200 Antminer S19J Pro for $48 million from Bitmain.Bitcoin mining company in the making Gryphon Digital Mining has announced it has agreed to purchase 7,200 Antminer S19J Pro bitcoin...

Apr 22 2021

Bitcoin’s Global Hash Power Balance

The global distribution of hash power may shift as various factors come into play during Bitcoin’s continued growth.Flex Yang is the CEO of Babel Finance, a leading cryptocurrency financial services provider based in Asia.What Are Some Key Factors In “Winning” The Global Hash Power War?In 2021, the bitcoin market is surely reaching an inflection point, as its market cap surpassed...

Apr 05 2021

As Bitcoin Mining Hits All-Time Highs, Access To ASICs Is Key

As bitcoin propels its mining industry to new heights, the challenge of obtaining new equipment is critical.Like many providers in the space, international bitcoin mining services company Compass Mining is on a roll. With the success of BTC and rising mining revenues — now at an all-time high of $60 million per day — this rapidly-growing...

Dec 23 2020

Valid Points: Forget Staking, There Are Still Coins to Be Mined on PoW Ethereum

Dec 23 2020 Published at CoinDesk under tags  asics ethereum 2.0 mining news newsletters

Ethereum miners are making investments to maximize profits before mining becomes obsolete and gets replaced by validating on Ethereum 2.0.

Dec 21 2020

Beyond Supply And Demand: Charting The Bitcoin Mining Industry’s Journey

Dec 21 2020 Published at Bitcoin Magazine under tags  asics canaan gpu mining

Last week, bitcoin finally surpassed its all-time price high, exceeding $23,000 for the first time, seeing year-to-date gains of over 180 percent. This was largely attributed to growing institutional interest, with established names such as Square, Galaxy Digital and...

Dec 18 2020

Beyond ASICs: 3 Trends Driving Bitcoin Mining Innovation

Dec 18 2020 Published at CoinDesk under tags  asics bitcoin mining environment markets opinion

The bitcoin mining industry needs more than a market rally to survive – it needs to find answers to its environmental and geographical threats.

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