Mining
Mining
Mining
A US crackdown on Bitmain will leave miners scrambling as repair lines and deliveries seize up
The US government has opened a security review into Bitmain, the Beijing-based manufacturer that sells most of the world’s Bitcoin mining rigs. A months-long federal investigation, known internally as Operation Red Sunset, has been probing […]
Mining
Bitcoin is redrawing where cities and data centers rise as it competes for wasted energy, not cheap labor
For two centuries, factories chased cheap hands and dense ports. Today, miners roll into windy plateaus and hydro spillways, asking a simpler question: where are the cheapest wasted watts? When computing can move to energy […]
Mining
Fire Breaks Out at Greenidge New York Facility, Forcing it Offline
Greenidge Generation Holdings, a Bitcoin (BTC) mining company, disclosed that a fire broke out at its mining facility in Dresden, New York, where it co-hosts operations with mining company NYDIG. The fire broke out on […]
Mining
Mining
Bitcoin mining resilience hides an industry in distress
Bitcoin’s hashrate is near record levels, yet miner revenue per unit of compute has fallen to record lows, pushing the network into a ‘high-security, low-profitability’ phase. While the network’s hashrate has pinned itself above the […]
Mining
Mining
US Probes Bitmain ASICs for National Security Risks: Report
The leading Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, which is based in China, is reportedly under investigation in the US over national security concerns. According to a Friday Bloomberg report, an unspecified US […]
Mining
Are miners about to sell more Bitcoin? MARA’s record quarter says maybe
Marathon’s third-quarter filing carried a quiet but definitive policy change, in which the company stated that it will now sell a portion of newly mined Bitcoin (BTC) to fund its operations. The shift occurred as […]
