Tag: Miner

Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash

Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast […]

Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner

Bitmain Aims to Leapfrog Competition With Its Next-Gen Bitcoin Miner On April 28, the China-based mining rig manufacturer Bitmain Technologies announced the launch of its latest Antminer T17 model which processes roughly 40 terahashes per second (TH/s). The machine delivers better power efficiency with 55 joules per terahash (J/TH) and […]

Bitcoin Miner Recounts Struggle to Obtain Cheap Iranian Power

Bitcoin Miner Recounts Struggle to Obtain Cheap Iranian Power Over the last six months, reports of Chinese miners crossing the border to obtain cheap electricity from regions like Vietnam, Cambodia, Thailand, and Iran have abounded. According to a recent interview, Chinese miners have found extremely affordable electric prices ($ 0.006 […]

Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor

Bitmain Releases Equihash Miner 3x More Powerful Than Its Predecessor Bitmain, the Beijing-headquartered cryptocurrency mining giant, has officially released the Antminer Z11 machine on Tuesday, March 19. The new device is designed to mine coins that are based on the Equihash proof-of-work algorithm such as the privacy-focused altcoin zcash (ZEC). […]

Rocke Malware: Sneaky Monero Miner Can Disable Cloud Security

Rocke Malware: Sneaky Monero Miner Can Disable Cloud Security There is a new malware out there to watch out for. Dubbed the Rocke Malware, this form of cryptojacking has the ability to disable cloud security software so as to illicitly mine for Monero (XMR) undetected. Rocke Malware Discovered Cybersecurity firm Palo […]

Chatter Report: Buy Walls, Miner Anonymity and Bitcoin vs. the State

Chatter Report: Buy Walls, Miner Anonymity and Bitcoin vs. the State In today’s edition of Chatter Report, crypto influencers debate the importance of buy walls to support crypto prices, reason for and against miner anonymity and ponder the outcome of governments attacking bitcoin. Also read: Markets Update: Bull Trap or […]

Canadian Bitcoin Miner Fortress Blockchain Reports $1.16M Loss in Q3

Canadian Bitcoin Miner Fortress Blockchain Reports .16M Loss in Q3 Fortress Blockchain’s net loss worsened to $ 1.16 million (1.55 million Canadian dollars) in the third quarter, from $ 202,000 in the preceding three-month period, as price pressure continues to mount in the global bitcoin mining industry. The Canadian company […]

Miner Goes Bankrupt, Manufacturers Stuck With Inventory, Rigs ‘Sold By Kilo’ as Scrap

Miner Goes Bankrupt, Manufacturers Stuck With Inventory, Rigs ‘Sold By Kilo’ as Scrap In our latest roundup of mining-related news, we look at a few examples of the knock-on effect that the current cryptocurrency bear market is having on the global mining industry and its main hardware suppliers. Also Read: US […]