Browsing the "Bitcoin Mining" Tag

Intel Wins Patent for Energy-Efficient Bitcoin Mining

| Nikhilesh De

An Intel patent awarded Tuesday outlines a method for mining cryptos using the SHA-256 algorithm more efficiently.

600K Bitcoin Miners Shut Down in Last 2 Weeks, F2Pool Founder Estimates

| Wolfie Zhao

Between 600,000 and 800,000 bitcoin miners have shut down since mid-November amid declines in price and hashrate across the network, F2pool's founder…

asics bitcoin mining miner

Giga Watt Drastically Revises Assets in Updated Bankruptcy Filing

| Yogita Khatri

Bankrupt U.S.-based bitcoin mining firm Giga Watt just hiked the value of its assets in a revised court filing.

Bitcoin Mining Firm Giga Watt Declares Bankruptcy Owing Millions

| Yogita Khatri

U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors.

Binance Warns Iranian Traders to Withdraw Crypto Amid Sanctions

| Leigh Cuen

Binance is advising its remaining users in Iran to withdraw their money as the cryptocurrency exchange seeks to comply with renewed U.S. sanctions.

A Bitcoin Mining Moratorium Was Just Avoided in Montana

| Stan Higgins

Officials in Missoula County, Montana, will investigate regulations around bitcoin mining despite local demands for a moratorium.

Just a Cycle? Big Bitcoin Miners Stay Positive in Face of Market Slump

| Wolfie Zhao

Executives from several bitcoin mining firms have said at Consensus Singapore that they are not concerned by current low crypto prices.

Bitfury Reveals New Generation of Bitcoin ASIC Chips

| Anna Baydakova

Bitfury Group unveiled a new generation of bitcoin mining ASICs on Wednesday, boasting greater efficiencies than previous models.

Genesis Mining to End Unprofitable Crypto Contracts

| Anna Baydakova

Cloud mining service Genesis Mining is forcing some clients to upgrade to a five-year subscription or else lose services, it announced Thursday. 

Bitmain Confirms New Crypto Mining Facility in Texas

| Christine Kim and Nikhilesh De

Bitcoin mining hardware giant Bitmain is officially setting up shop in Rockdale, Texas, and expects to launch mining operations early next year.