Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving
Following the downturn in bitcoin’s worth on Friday, the hashprice of bitcoin has declined from barely above $119 per petahash per second to marginally over...
Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth
After its oversubscribed preliminary public providing (IPO), Phoenix Group, a Dubai-based firm specializing in bitcoin mining and blockchain infrastructure, has introduced a major 50% improve...
UAE-Based Phoenix Group Bolsters Mining Capabilities With $187M Bitmain Deal Amidst Global ASIC Race
Phoenix Group, a bitcoin mining and blockchain infrastructure firm, not too long ago disclosed its acquisition of $187 million in application-specific built-in circuit (ASIC) bitcoin...
Survival of the Fittest: The Evolution and Consolidation of ASIC Bitcoin Mining Rig Makers
Several years in the past, the panorama of ASIC bitcoin mining producers was numerous. Yet, over the current couple of years, a choose few prime...
UAE Bitcoin Miner Signs Order Worth Over $380 Million With Microbt
United Arab Emirates-based bitcoin miner Phoenix Group PLC has signed an order value greater than $380 million with Whatsminer mining rig maker Microbt. Bijan Alizadehfard...
Bitcoin Miner Riot Secures 66,560 Microbt ASIC Miners to Boost Hashrate by 18 EH/s
The bitcoin mining company Riot Platforms, a publicly traded agency throughout the trade, not too long ago introduced a major enlargement of its operations. The...
An In-Depth Analysis of seven Advanced Bitcoin Miners From Bitmain, Canaan, and Microbt
Recently, the highest three bitcoin mining rig producers unveiled a bunch of next-generation merchandise with effectivity rankings of lower than 20 joules per terahash (J/T)...
Microbt Debuts M60 Series in Dubai; Bitcoin Mining Rigs Boast 18.5 J/T Efficiency
During the Blockchain Life 2023 occasion in Dubai, Microbt rolled out its newest Whatsminer M60 collection, which boasts an effectivity score of 18.5 joules per...
Microbt Plans to Launch Next-Gen Bitcoin Mining Machine With 1X Efficiency Rating
On September 19, 2023, Microbt, the producer of bitcoin (BTC) application-specific built-in circuit (ASIC) mining rigs, revealed its intentions to introduce an progressive mining machine...
UK Researchers Claim New Tech Supercharges Bitcoin Mining With 260% Faster Hash Detection, Slashes Energy Use
Quantum Blockchain Technologies (QBT), a analysis agency hailing from the U.Ok., purports to have spearheaded a revolutionary leap in bitcoin mining tech. They’ve unveiled sure...