Revenues on the Mend: Bitcoin Miners’ Gross Margins Grew 39% in February

Mining operations that process SHA-256 coins like BTC and BCH saw revenues slashed due to the bear market lows at the end of 2018. Revenues continued to fall into the new year, but over the last few weeks, network hashrates have been climbing again. A report published on March 4 details that even though mining … Read more

Chinese Miners Flock to Sichuan for Cheap Electricity During the Wet Season

Over the last two months, the hashrate between the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks has increased significantly since hitting a low on December 15, 2018. Numerous reports detail that many Chinese miners who control a large portion of SHA-256 hashrate have been recently setting up shop in Sichuan. During the wet season … Read more

Mystery Bitcoin Miners Are Altering Mining Pool Dominance

During the first month of 2019, studies have revealed the growing trend of unknown miners processing blocks on the Bitcoin Core (BTC) network. A few years ago, most mining pools began revealing their identity via the coinbase parameter when they found a block. Over the last two years, however, unknown miners have started to dominate … Read more

Major Mining Pools Have a ‘High Die-Off Rate’ Study Reveals

On Monday, Coinmetrics.io published a study looking at hashrate history of the most competitive BTC mining pools. The research from the open source cryptocurrency analytics site reveals interesting insights into how the mining ecosystem has evolved over time. Also read: Connecticut Software Engineering School Receives $10,000 BTC Donation ‘Major Mining Pools Are Fallible’ Cryptocurrency mining is a … Read more

The 2018 Bitcoin Mining Ecosystem Saw Record Hashrates and New Devices

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

Mining Profitability: Bitcoin vs Bitcoin Cash vs Bitcoin Cash SV

In the world of cryptocurrency mining, profitability is often very difficult to achieve. Not just because it is so difficult to find anything profitable to mine, but also because of the falling prices. Bitcoin’s recent drop has caused an interesting shift in terms of SHA-256 profitability, although it seems evident these figures will continue to … Read more

Pangolin Miner Claims 16nm ASIC Miner Will Compete With 7nm Machines

Over the last few weeks, we’ve been reporting on the wide variety of new cryptocurrency miners entering the digital asset economy. Some of these newly created miners are bringing faster processing power and more optimized chips, while others have even built mining rigs that tether to a water-cooling system. Now another new SHA-256 mining rig … Read more

SHA-256 Mining Hashrate Climbs Significantly in One Year

Over the last year, SHA-256 mining, the process that’s used to find blocks on both the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, alongside a slew of other cryptocurrencies, has grown exponentially. Digital asset trading markets have been in a slump over the last eight months of 2018, but the bearish sentiment has not … Read more

PR: BITTECH Offers Two Mining Machines, Equipped with Mining Chips Using a Cutting-Edge 10 Nm Process Technology

BITTECH starts selling a new range of cryptocurrency mining hardware powered by 10 nm semiconductor chips (10 nm BT0010a and BT0010La mining chips). It is to be recalled that BITTECH introduced its first ASIC miner as early as mid-May, 2018. Bittech One based on 14 nm ASIC chip BT0014 is characterized by 28TH/s hashing power, … Read more

Innosilicon’s T2-Turbo Bitcoin Miner is Powerful, But GMO’s B3 is Still the Champ

Bitcoin mining is a very competitive industry. It has grown exponentially over the last few years. During the last nine months, there’s been a bunch of new entrants joining the mining rig manufacturing business like GMO Group, Halong Mining, and Ebang. Now there’s a new firm that has partnered with Samsung’s semiconductor foundry called, Innosilicon, … Read more