Category Asic Mining News

Blockstream releases STO for a token connected to Bitcoin mining

Blockstream releases STO for a token connected to Bitcoin mining
The famous Blockstream company, founded by Adam Back, today announced the launch of a new security token based on Liquid’s network: the Blockstream Mining Note (BMN), which will be brought to market through a security token offering (STO) organized on the STOKR platform.  These BMN security tokens are linked to the hashrate produced by Bitcoin

Bitcoin very whales stay hostile collectors, retail markets

Bitcoin very whales stay hostile collectors, retail markets
Glassnode data analyzed by CryptoSlate showed a divergence between super whales and retail, with the former remaining in aggressive accumulation mode going into the new year.Bitcoin Accumulation Trend ScoreThe Accumulation Trend Score (ATS) looks at the relative size of entities that are actively accumulating or distributing their Bitcoin holdings.The ATS metric uses a spectrum between

A brand-new all-time high for Bitcoin hashrate

A brand-new all-time high for Bitcoin hashrate
Bitcoin’s hashrate has hit a new all-time high.  After plummeting in mid-April due to problems at some Chinese mining farms linked to a coal mine fire, it began to recover towards the end of the month and returned to previous levels by early May.  But the mid-April hashrate collapse also generated a sharp downward correction

A $23 million agreement for Bitmain

A $23 million agreement for Bitmain
The Chinese company Bitmain has announced that it has signed a million-dollar contract with the Marathon Patent Group, a mining company listed on the Nasdaq, to which thousands of new Antminer S19 Pro devices will be supplied. @BITMAINtech Bitmain Continues Rapid Growth in North America: Signs $23 million #Antminer S19 Pro Contract with @MarathonPatent https://t.co/7Ij8cG6SsD

Could Bitcoin be an Inflation Hedge?

Could Bitcoin be an Inflation Hedge?
After decades of low inflation, investors and consumers are fretting about increasing prices again. There has been a culmination of factors that could push inflation past target levels in several countries this year.Could Bitcoin live up to its potential as a safe store of value and protect users from the impact of higher inflation?Some experts

the software application for computing profits

the software application for computing profits- The Cryptonomist
There are pieces of software online that allow calculating possible earnings from the mining of bitcoin and other cryptocurrencies.  One of the best known is WhatToMine.com, which allows users to calculate the potential earnings, or potential losses, of various cryptocurrencies.  In particular, the website is divided into two sections, one dedicated to mining with GPUs

Bitcoin is being extracted with the sunlight in Australia

Bitcoin is being extracted with the sunlight in Australia
A new solar-powered Bitcoin mining farm has opened in Australia.  It is a 5-megawatt data center operated by Lumos Digital Mining.  Lumos Digital Mining is an Australian company that specializes precisely in mining with renewable energy, so theirs is nothing more than an attempt to expand their operations.  The really curious thing is that the

Litecoin hashrate breaks down 7 months after the halving

Litecoin hashrate breaks down 7 months after the halving- The Cryptonomist
Litecoin’s hashrate reached a new low after the halving in August 2019.  Indeed, the highest peak ever was reached in mid-July 2019, with over 500 Thash/s, but since then, probably due to the halving, it has started to fall.  Already at the end of September, it dropped below 300 and then fell to 130 in