Tag: bitcoin asic miner

Feb 23 2022

Georgia Is Primed For Crypto Mining, Despite Its Burgeoning Power Deficit

Georgia's crypto mining economy has evolved into a global leader in recent years, largely because of low taxes and affordable electricity rates, as well as a libertarian regulatory environment. Despite its small population, Georgia contributes nearly 1% of the industry's total hash rate, according to a study by Arcane Research. Although Georgia is a non-entity in the mining sector, the country boasts abundant...

Feb 16 2022

Bitcoin Hash Rate Balloons To Record High — Will Price Go Up As Well?

The Bitcoin network hash rate notched a new all-time high of 248.11 million terahashes per second (TH/s) on Saturday. It has risen from 188.40 EH/s to its new all-time high in just one day, according to Blockchain.com data. In the previous few hours, it has hovered around 209.6M TH/s. Security is a critical component of every network. Increased security makes a network more...

Feb 03 2022

What’s CK Pool? And, Why Are There So Many Solo Miners Getting Block Rewards?

The CK in CK Pool stands for Con Kolivas, a Bitcoin legend. Three weeks ago, when he announced that a solo miner got a whole 6.5 BTC block reward, the Bitcoin community cheered. Then, there was...

May 29 2021

Police Raid Cannabis Farm, Find Secret Bitcoin Mine Instead

We’ll make a valid point about Bitcoin mining using this story, we promise. This one would be hilarious if there wasn’t a crime involved. So, don’t laugh. We’re serious. In the United Kingdom, the West Midlands Police received a tip about a warehouse. Ventilation ducts and wiring were visible and multiple people visited the facilities at various times of the day. According to...

May 14 2021

Bitcoin Incentivizes Green Energy Infrastructure And Elon Agrees. Here’s Proof

Did you hear about Elon Musk’s concerns about Bitcoin mining, green energy, and the environment? Of course you did. Did it seem suspicious to you that Tesla apparently invested billions of...

Michael Saylor Breaks It Down: The PoW Architecture Is A Masterpiece Of Engineering

What a week! The cryptosphere is buzzing. Did a single tweet from Elon Musk tanked Bitcoin’s price? Or did weak hands surrender their coins to strong hands at a discount?...

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