Tag: Rigs
BTC mining costs reach 10-month lows as miners use more efficient rigs
The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% since its [...]
CleanSpark scoops up 1K+ mining rigs at ‘substantially discounted price’
Crypto mining firm CleanSpark announced the purchase of more than 1,000 Bitcoin miners amid the market downturn, reporting a “substantially discounted [...]
Crypto Miner CleanSpark Continues to Take Advantage of Bear Markets as it Scoops Over 1K Rigs
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5,800 Rigs Are Now Churning at Hut 8's Ontario Site – And the Miner Will Be 'Hodling' All the Bitcoins They Mine
HUT continues to hold onto its bitcoin while others sell off.
www.coindesk.com [...]
Iranian government to cut power supply for the country’s legal crypto mining rigs
According to local news outlet Arz Digital, the day prior, Rajabi Mashhadi, a spokesperson for Iran's Ministry of Energy, said that the entity would b [...]
The Constitution rigs the game against democracy — and against Black equality
Part of the Juneteenth issue of The Highlight, our home for ambitious stori [...]
Old Bitcoin mining rigs risk ‘shutdown’ after BTC price slips under $24K
Older Bitcoin (BTC) mining rigs are finding it difficult to generate positive revenues during the ongoing crypto market decline.75% drop in Bitcoin mi [...]
Bitcoin Miner Mawson Exchanges Mining Rigs for Stake in Tasmanian Data Center
The move comes as more miners have begun using alternative sources of funds to support their expansion.
www.coindesk.com [...]
Argo Blockchain to Build Intel-Based Bitcoin Mining Rigs With ePIC Blockchain
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Crypto Miner Hive Blockchain Selling Ether to Pay for Intel Mining Rigs
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Weekly Baker Hughes recount shows a fall in oil rigs by -2 to 574
The weekly Baker Hughes rig count shows:Oil rigs -2 to 574Gas rigs +1 to 151Total rigs, -1 to 727The price of crude oil
Crude Oil
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As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable
Miners that use hardware in the same category as Bitmain s9s with energy prices over 5 cents are likely to capitulate, Denis Rusinovich, co-founder of [...]
Bitcoin Miner Argo Blockchain ‘Leans Toward’ Designing Custom Rigs
There are two options as to how bitcoin miners can operationalize Intel’s chips, Wall said. The first is to “get the chips” and then “work with your o [...]
Argo Blockchain Borrows $70M From NYDIG to Buy Mining Rigs
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest [...]
Marathon to Relocate Mining Rigs Away From Coal-Powered Montana Site
The firm wants its bitcoin mining operations to be powered by renewable energy by year-end.
www.coindesk.com [...]