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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. Also Read: Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money … Read more
Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units by mid-November. Meanwhile, the combined SHA256 hashrate (BCH and BTC) … Read more
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. Currently, the top machine released this summer is Pangolin’s Microbt … Read more
2018 was a crazy year in regard to the price of cryptocurrencies losing more than 80 percent of their values since they touched all-time highs. Interestingly enough, even though the prices of major digital assets plummeted, the hashrate for SHA-256 coins skyrocketed during the months of August through October. Although the hashrate has declined significantly … Read more
