Bitcoin halving ‘blood bath’ could push US miners offshore
    24 Feb 2024
    150 Views

    Potential sluggishness in the price of Bitcoin after the Bitcoin halving could tank the share prices of high-cost public miners in the United States, forcing some to even move offshore. “We might see a mining stock blood bath as investors realize these companies are barely making money,” says Jaran Mellerud, founder and chief mining strategist of…

    Bitcoin difficulty jumps 6% to new peak as miners ignore BTC price dip
    24 Aug 2023
    214 Views

    BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see. Bitcoin network fundamentals are in no mood to follow bearish BTC price action this week. The latest on-chain data confirms that difficulty has hit new all-time highs, with hash rate not far behind. Bitcoin mining difficulty ends…

    Quantum miners would yield ‘massive’ energy savings for blockchain: Study
    09 Jun 2023
    209 Views

    University of Kent researchers compared three quantum systems to an ASIC miner, and the quantum machines were demonstrably more energy efficient. A pair of scientists from the University of Kent’s School of Computing in the United Kingdom recently conducted a study comparing energy consumption rates for current ASIC-based miners to proposed quantum-based solutions. According to the team’s…

    Jack Dorsey’s nano Bitcoin mining chip heads to prototype
    01 May 2023
    284 Views

    Block has completed the design of its new prototype ASIC chip that it says will fast-track its plan to bring an “open source” Bitcoin mining rig design to market. Block, the financial services and technology company owned by former Twitter CEO Jack Dorsey, has announced it has completed the prototype design of its new five-nanometre…

    Jack Dorsey’s Block asks for input on proposed ‘mining development kit’
    08 Mar 2023
    278 Views

    Block’s mining hardware product lead, Naoise Irwin, has asked for pointers on a proposed hardware and software development kit for Bitcoin mining. Payments company Block, formerly known as Square, is delving deeper into the crypto mining industry with potential plans to build a “mining development kit.” A Mar. 7 blog post revealed that the Jack Dorsey-founded multinational technology…

    The economics of cryptocurrency mining: Costs, revenues and market trends
    19 Feb 2023
    274 Views

    Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry. Mining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin or other cryptocurrencies. The economics of mining refers to the economic incentives and costs associated with…