One reason why miners often pay close attention to bitcoin’s price is because mining machines have a strong positive correlation to its fluctuations. And as bitcoin’s dollar-denominated value has ...
North American bitcoin mining company Hut 8 has purchased 11,090 rigs for $44 million to complement an earlier purchase of 863 machines. North American bitcoin mining company Hut 8 has purchased ...
Only five mining rigs remain profitable as bitcoin prices dropped below $58,000, potentially signaling a local bottom for the market. Miners, who provide computing power to blockchain networks are ...
In perhaps the biggest indicator of the impact China’s crackdown on cryptocurrencies has had on the industry, Bitmain Technologies stopped spot delivery of its Bitcoin mining rigs globally.
If you run the numbers, you'll most likely find that Bitcoin mining isn't worth it for you. It typically takes at least two years before you break even on the cost of your mining rig. That's ...
Luckily, Bitcoin isn’t the only game in town anymore, and with GPUs coming down in price it’s possible to build a mining rig for other currencies like Etherium. [Chris]’s build starts with ...
A Kodak-branded Bitcoin-mining rig which premiered at CES will not go ahead. The company behind the project, Spotlite, told the BBC the scheme has has been blocked by the US financial watchdog.