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Riot has made a groundbreaking move by entering into a long-term purchase agreement with MicroBT. This landmark deal involves the acquisition of 33,280 state-of-the-art Bitcoin miners manufactured in the United States by MicroBT. (Read More)
According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs known as the Teraflux series. Auradine’s new machines boast hashrates between 185 terahash per second (TH/s) and 270 TH/s. Auradine [...]
The post Auradine Unveils Teraflux, New Line of US-Crafted Bitcoin Mining Rigs Providing Up to 270 TH/s appeared first on Crypto Breaking News.
One of the largest Bitcoin miner producers has partnered with America’s largest mining firm to bring ASIC production onshore.
In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed to dry laundry. While the clothes dryer serves to dry clean laundry, the machine also compensates the owner in satoshis. Bitcoin Mining’s Novel [...]
The post Innovative Heating Solutions: Bitcoin Miners Turning Heat Into Satoshis appeared first on Crypto Breaking News.
Chen elaborated on the mission of MicroBT and how the updates in the new machines exemplify this focus.
ASIC miners' price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace.
According to reports, the 3-nanometer (nm) Gate-All-Around (GAA) semiconductor from Samsung has been discovered in use after a year since its release. Until now, there were no confirmed applications of the technology. Techinsights found Samsung’s 3nm chip in the Whatsminer M56S++ bitcoin mining rig from Microbt, a bitcoin mining machine that produces an estimated 230 [...]
The post Samsung’s 3nm GAA Chip Discovered in Microbt’s Next-Gen Bitcoin Mining Rig appeared first on Crypto Breaking News.
Riot Platforms invests $97.4 million in state-of-the-art mining hardware from MicroBT to scale up efficiency and capacity at its Rockdale mining facility. (Read More)
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increase in its annual sales compared to the previous year. Dubai Bitcoin Miner Phoenix Group Records Substantial Increase in Year-on-Year Sales [...]
The post Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth appeared first on Crypto Breaking News.
During the Bitcoin 2023 conference in Miami, bitcoin mining rig producer Microbt unveiled three new additions to their Whatsminer series. The latest Whatsminer models, namely the M50S++, M53S++, and M56S++, boast hashpower ranging from 150 terahash per second (TH/s) to an impressive 320 TH/s. Microbt Introduces Cutting-Edge Whatsminer Models at Bitcoin 2023 This week at [...]
The post Microbt Unveils New Whatsminer Bitcoin Mining Rig With 320 TH/s, Setting New Standard for Hashpower appeared first on Crypto Breaking News.
After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 [...]
The post Chip Giant Intel Abandons Bitcoin ASIC Production appeared first on Crypto Breaking News.
MicroBT, the Bitcoin ASIC manufacturer behind the WhatsMiner line of ASIC mining machines, unveiled its latest offerings at Bitcoin 2023 in Miami Beach. Dr. Zuoxing Yang, the founder and CEO of MicroBT, highlighted the importance of “High density, low noise, low failure rate and low maintenance” ASIC machines bringing bitcoin mining to a new era. [...]
The post MicroBT Releases New Line Of WhatsMiner M50 Series At Bitcoin 2023 appeared first on Crypto Breaking News.
According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers, as fabrication competition these days is limited. 18 ASICs Profit With Electricity Costs at $0.12 per kWh and Today’s
The post Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed appeared first on BTC Ethereum Crypto Currency Blog.
Taiwan Semiconductor Manufacturing Co. (TSMC) is taking bold strides toward the future of semiconductor technology, planning to manufacture next-generation 2-nanometer (nm) chips at a new plant in Kaohsiung, Taiwan. Reports detail that the date for mass production remains undecided, with the company also targeting Hsinchu County in northern Taiwan for 2nm production by 2025. Kaohsiung [...]
The post TSMC Advances Towards 2-Nanometer Chips in Taiwan; A Breakthrough That Could Revolutionize Bitcoin Mining appeared first on Crypto Breaking News.
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