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Category : mining rigs

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4 New High-Powered Bitcoin Miners Revealed

Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public...
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Chinese Bitcoin Miners Migrate North After Wet Season

A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the...
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Video Shows $10M Chinese Bitcoin Mining Farm in Flames

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...
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Despite Lower Prices, Bitcoin’s Hashrate Remains Strong

People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish...
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Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned

According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity...
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Crypto Spring Brings Strong Profits to Next-Generation and Older Mining Rigs

Over the last few weeks, cryptocurrency markets have been on a tear accumulating considerable gains following the notorious ‘crypto winter.’ Since the recent price hike...
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These Next-Generation Mining Rigs Pack a Ton of Hashpower

Last week, mining manufacturer Bitmain launched its latest Antminer 17 series. Now Canaan Creative has published its own device specifications and pricing for the new...
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Bitcoin Miner Recounts Struggle to Obtain Cheap Iranian Power

Over the last six months, reports of Chinese miners crossing the border to obtain cheap electricity from regions like Vietnam, Cambodia, Thailand, and Iran have...
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Bitmain Announces New 7nm Bitcoin Mining Chip With 29% More Efficiency

On Feb. 18, mining rig manufacturing giant Bitmain Technologies announced its next-generation 7nm ASIC chip for mining SHA-256 cryptocurrencies like BTC and BCH. According to...
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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...