mining equipment

Miners are investing in artificial intelligence (AI) and other areas of the economy. Individuals and large companies are trying to diversify their risks to be less dependent on mining. Besides bitcoin, miners are mining Ethereum Classic, Ravencoin, Ergo. ...

Mining farm caused a fire in an eight-story apartment building in the middle of Gatchina, Leningrad region. The incident occurred in a one-room apartment, As a result of the fire, the kitchen and all the equipment installed there for mining burned. The EMERCOM team arr ...

Mining equipment manufacturer Canaan introduced a new bitcoin miner A1366I. It is immersively cooled and designed to fit in special containers. The power of the new ASIC miner is 165 Tx/s, however, the efficiency is not too high - 30 Joules per terahash. Because of its ...

MicroBT mining equipment manufacturer has introduced three new models of Whatsminer ASIC bitcoin miners - M50S++, M53S++ and M56S++. The WhatsMiner M50S++ is a fairly standard air-cooled miner. It produces 150 TX/s, and its efficiency is 22 Joules per terahash. More inte ...

Biggest manufacturer of mining equipment Bitmain introduced a new ASIC-miner Antminer KS3. It is designed to mine the not too well known cryptocurrency Kaspa with a capitalization of $356 million. The device has a capacity of 8.3 t ...

Gemini and Coinbase-supported organizations are set to participate in the auction of bankrupt cryptocurrency lender Celsius' assets. These assets include a considerable fleet of mining equipment, a loan portfolio, and stakes in various startups. The auction itself is scheduled for April 25th. ...

According to a report by Kommersant, mining equipment has significantly increased in price during the first quarter of this year. The final price, however, could be subject to variables like the dollar exchange rate and the amount of equipment being purchased. The hike in the cost of mining eq ...

According to reports from China, Bitmain, one of the leading mining equipment manufacturers, has been fined 25 million yuan ($3.7 million) by local authorities for tax evasion. The Beijing Office of the State Administration of Taxation imposed the fine on Bitmain Technologies for failing to pay p ...

SBI Crypto, a subsidiary of Japanese corporation SBI Holdings, has taken legal action against Whinstone US data center in the District Court of Texas. The mining company has alleged that Whinstone withheld crucial information from its customers, drew up unreasonable contracts, failed to comply wi ...

Bitcoin mining difficulty has recently reached a new milestone, with the figure surging by 2.23% to reach an all-time high of 47.89 trillion hashes. The previous record was set on March 24, 2023, when it reached 46.84 trillion hashes. The mining difficulty of the world's largest cryptocurrency ...

Compass Mining has recently issued a warning to the mining community regarding the updated Antminer S19 series devices. According to the company's official blog post, Bitmain, the mining equipment manufacturer, has made some changes to the design of the Bitmain S19 ASIC hashboard, which may sever ...