Bitcoin Mining

Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain network. It involves powerful computers solving complex mathematical problems to secure the Bitcoin network and maintain its decentralized nature. Individuals, companies, and even specialized mining pools participate in this process, known as miners. These miners play a crucial role in ensuring the integrity and security of the Bitcoin network. As the number of bitcoins in circulation is limited, mining also serves as a means of distributing new bitcoins. Miners are rewarded with newly minted bitcoins for their computational efforts and the energy they contribute to the network. Bitcoin mining has evolved over time, with the advent of more efficient hardware and the rise of mining farms. These farms, often operated by companies, leverage economies of scale to maximize their mining capabilities. Additionally, mining protocols and algorithms have been developed to adapt to the increasing computational power and maintain the network's stability. Crypto exchanges facilitate the trading of bitcoins, allowing miners to convert their earned bitcoins into traditional currencies or other cryptocurrencies. This dynamic ecosystem of people, companies, protocols, and blockchain networks collectively contribute to the functioning and growth of Bitcoin and the broader cryptocurrency market.

시장

Publicly Traded Fintech Firm Agrees to Acquire Chinese Mining Farm for $9M

Future FinTech's buy is in line with the legacy finance and tech sector taking increasing interest in bitcoin of late.

작성자 Colin Harper, Blockspace Media2021년 4월 2일

The Sichuan region of China is rich in cheap hydro power.

기술

Bitcoin Mining Difficulty Hits All-Time High as Delayed ASIC Shipments Come Online

The adjustment, spurred forth by fleets of newly booted ASICs, could be a harbinger of even larger difficulty increases in the coming year.

작성자 Colin Harper, Blockspace Media2021년 4월 2일

금융

The Myths and Realities of 'Green Bitcoin'

Some say institutions are waiting for “green bitcoin” before buying in. Here’s why they may be waiting a long time.

작성자 Daniel Kuhn2021년 4월 1일

시장

Bitcoin Miners Saw a Monthly Record $1.5B Revenue in March

Bitcoin mining revenue broke a new record in March, fueled by the BTC price rally.

작성자 Damanick Dantes2021년 4월 1일

시장

US Bitcoin Mining Venture Blockcap Closes $38M Round for ASIC Expansion

Yet another American mining company is expanding aggressively.

작성자 Colin Harper, Blockspace Media2021년 3월 31일

A cryptocurrency mining farm in Nadvoitsy, Russia.

시장

Blockstream Issues Security Token Tied to Bitcoin Hashrate, Payable in BTC

The tokens will offer non-U.S. qualified investors a way to invest in bitcoin mining without handling machines themselves.

작성자 Colin Harper, Blockspace Media2021년 3월 30일

Mining devices and power units mounted in racks.

비디오

Miami Mayor Wants City to Be a 'Clean' Mining Hub for Crypto

90% of crypto is currently mined outside the United States – something Francis Suarez, the mayor of Miami, is trying to change. Suarez wants Miami to become a "clean energy" bitcoin mining hub, possibly powered by nuclear energy. Nik De reviews the feasibility of Suarez's plan. Plus, an update on the contenders to lead the Office of the Comptroller of the Currency (OCC).

2021년 3월 29일

시장

Miami Mayor Wants City to Become Bitcoin Mining Hub

The mayor would love Miami becoming a bitcoin mining hub to harness the city’s nuclear power capability.

작성자 Jamie Crawley2021년 3월 29일

시장

Hut 8 Buys $30M Worth of Nvidia's New Crypto Mining GPUs

The batch of processors will add 1,600 GH to Hut 8's mining capacity.

작성자 Zack Voell2021년 3월 26일

시장

Argo Blockchain, DMG to Launch Clean Energy Bitcoin Mining Pool

Argo said "Terra Pool" will allow for the creation of "green bitcoin."

작성자 Tanzeel Akhtar2021년 3월 26일