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Tag: ASIC

Museum of Bitcoin Mining History Opens Its Doors in Venezuela

July 20, 2021 wp-bot Bitcoin News

A new museum dedicated to the history of bitcoin mining opened its doors in Venezuela last weekend. The institution will allow visitors to learn about

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Myriad Proof-of-Work Blockchains See Significant Hashrate Losses

June 29, 2021 wp-bot Bitcoin News

While there’s been a lot of concentration on bitcoin mining crackdowns in China and Bitcoin’s recent hashrate loss on Monday, many other digital assets have

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Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices

June 24, 2021 wp-bot Bitcoin News

While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus.

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Bitmain reportedly suspends Bitcoin miner orders amid booming secondhand supply

June 23, 2021 wp-bot Cointelegraph

By postponing the sales, Bitmain aims to help miners exiting the industry get better prices for mining equipment.

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How Many People Mined BTC Alongside Satoshi? 2010 Data Shows Bitcoin’s Creator Wasn’t the Only Mining Whale

June 10, 2021 wp-bot Bitcoin News

Throughout 2021, a great number of mysterious whale movements from miners who mined bitcoins in the early days have occurred. This week, 1,000 bitcoin from

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Turkish customs confiscate over 500 smuggled Bitcoin mining rigs

May 14, 2021 wp-bot Cointelegraph

Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects.

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