Tag: luxor

Jan 09 2021

Bitcoin Miners Saw 33% Revenue Increase in December

Miners earned an estimated $692 million last month.

Jan 07 2021

Bitcoin Miners See Revenue Per TH/s Nearly Triple in 3 Months

Jan 07 2021 Published at CoinDesk under tags  bitcoin mining luxor markets

Mining revenue has reached its highest mark since early August 2019.

Dec 10 2020

How Industry Financial Services Are Buoying North American Bitcoin Mining

Dec 10 2020 Published at Bitcoin Magazine under tags  bitmain bitooda dcg luxor marathon

This year, there has been a concerted effort among Bitcoin mining pools and facilities based in North America to contribute a higher proportion of the Bitcoin network’s overall hash rate from the continent, providing critical decentralization to this system. But this has not been without its challenges. The Bitcoin mining environment is one with high...

Nov 20 2020

Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping Two-Year Highs

Nov 20 2020 Published at CoinDesk under tags  bitcoin mining luxor markets riot blockchain

Shares of the mining company surged to $6.60 Friday.

Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping 2-Year Highs

Nov 20 2020 Published at CoinDesk under tags  bitcoin mining luxor markets riot blockchain

Shares of the mining company surged to $6.60 Friday.

Nov 18 2020

OKEx Mining Pool Flatlines After 99.5% Hash Power Drop as Withdrawal Suspensions Spook Clients

Nov 18 2020 Published at CoinDesk under tags  luxor markets mining pools okex

The pool's hash power has dropped from 5,000 to barely 20 PH/s.

Nov 11 2020

Bitcoin Hashrate Rebounds as Asian Miners Bring Machines Back Online

Nov 11 2020 Published at CoinDesk under tags  bitcoin mining f2pool hashrate luxor markets

After moving machines out of Sichuan, miners are bringing ASICs back online.

Nov 09 2020

New North American Mining Pool Bets On Region And Regulatory Compliance

Nov 09 2020 Published at Bitcoin Magazine under tags  bitooda dmg hashr8 luxor mining

North American bitcoin mining farms all use mining pools to ensure steady block rewards, compiling hash power from miners operating remotely to compete with the industrialized farms based in China. Most of these mining farms use China-based mining pools (pools whose headquarters and, perhaps, servers for collecting hash power, are located in China) because the fees that they charge for collecting and distributing...

Oct 07 2020

Crypto For Congress Puts “American-Made” Bitcoin Into The Hands Of Policymakers

This week, the Chamber of Digital Commerce sent all 535 members of the United States Congress about 0.0047 BTC ($50 worth at the time), in an effort to educate the country’s legislators around cryptocurrency and blockchain technology that it calls Crypto For Congress. Leveraging Federal Election Commission rules that allow for cryptocurrency-based campaign contributions and its own Political Action Committee to...

Jul 16 2020

Introducing Hashrate Index, An Online Tool For Bitcoin Mining Transparency

The success of Bitcoin ultimately depends on the health of its mining industry. Bitcoin mining is central to transaction validation, the prevention of double spending and the hard cap on the bitcoin supply — basically, the things that make Bitcoin the revolutionary technology that it is. And Bitcoin mining has evolved dramatically since it was first introduced. Today, a large portion of the...

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