Mining bitcoin is cheaper with the efficiency of the new ASICs

The power consumption efficiency of an ASIC determines how much power it uses to do its job. The market price of bitcoin is the main measurement of its production cost. The production cost of one bitcoin (BTC) would have been reduced from approximately $80,000 to $59,000 per BTC, according to Trading Different, an analysis platform. … Read more

This Bitcoin miner is hot on the heels of Bitmain’s S21

Auradine is the American company behind the manufacturing of this ASIC for Bitcoin. Bitmain’s current most cost-effective ASIC offers an energy efficiency of 13 J/TH. The Teraflux AT2880 Bitcoin (BTC) mining rig achieved an energy efficiency of 16.8 J/TH (joules per terahashes) and 17 J/TH, according to a test conducted and published by Michael Carter, … Read more

Miners want bitcoin (BTC) more and more

MARA has almost 45,000 BTC, and is the company in this area with the largest reserves. The increase in exposure is an indication of bullish expectations for the BTC price. Companies dedicated to Bitcoin (BTC) mining and that are publicly traded have reached record levels of reserves of the currency created by Satoshi Nakamoto. Currently … Read more

Monero Hashrate Marks New All-Time High Why?

Monero hashrate has reached a new all-time high of 4.1 GH/s. According to different monitoring firms, this figure exceeds the previous record from the cycle that ended in January 2022, when the hash rate of this network reached 3.2 GH/s. Monero is a cryptocurrency known for its focus on privacy. In a cryptocurrency ecosystem where … Read more

the reimagined future of bitcoin mining

Block, the company founded by Jack Dorsey, former CEO of Twitter, communicated through Proto, the branch focused on cryptocurrency mining, the principles that guide, both at the chip and component level, the construction of ASICs and infrastructure to mine bitcoin in the future. The Proto team uses the principles of “modular design” and flexible infrastructure. … Read more

A mini touch ASIC is born to mine bitcoin at home

The new open source Bitaxe has a touch screen; hence its name: Touch. This device developed by Solo Satoshi will have a hashrate of 1.6 TH/s. Solo Satoshi, a company that develops mining equipment for solo bitcoin mining from home, announced that it is developing a mini ASIC. Is called touchand is being built on … Read more

Bitcoin block 853742 made history, why?

Bitcoin’s accounting history at block level 853742 shows that it was mined by a lone miner with only 3 th/s hashpower. This milestone in the network, which was baptized as the “Bitaxe Genesis Block” for allegedly having been the first processed using the small-scale mining machine, demonstrates the power and importance of solo mining with … Read more

MARA is projected as a good investment for 2025

Marathon is the leading Bitcoin mining company. In 2024, Marathon has added Kaspa mining to its activities. Marathon Holdings, Inc. (MARA), the largest publicly traded bitcoin (BTC) mining company, experiences a 28% decline in its share price in the last year. However, according to stock analyst Brent Hecht, looking to 2025 that has just begun, … Read more

Miner sales decrease, how does this impact the price of bitcoin?

In the last 24 hours, bitcoin rose around 4% in its price. If miners sell their bitcoin holdings and demand does not respond, the price may fall. Currently, sales by Bitcoin (BTC) miners are declining, which could be one of the factors why the price of BTC rebounded upwards this January 6, 2025. At the … Read more

Bitcoin can heat the world’s homes

MARA uses the heat from its mining rigs to heat water, which is distributed to homes. An analyst explained that BTC mining can reduce methane emissions. At the end of December 2024, the American Bitcoin (BTC) mining company Marathon Digital Holdings (MARA) announced that through the waste heat emitted by its mining equipment it managed … Read more