Foundry, the Bitcoin mining firm owned by the Digital Currency Group (DCG), has informed its clients that it will stop offering free services to its clients starting April 19, 2023.
Bitcoin Miners Totally Unfazed Bitcoin miners seem to be entirely unaffected by the recent tumult in the crypto market. As spotted by prominent Bitcoiner Hodlonaut, the hash rate of the popular network recently set a fresh all-time high for the umpteenth time over the past few months. So, despite the...
Chinese ASIC manufacturer Canaan Creative has allegedly filed for a confidential IPO in the United States. According to Asian financial news site IFR Asia on Wednesday, the company is pursuing $200 million USD by way of the public listing. A previous report by Bloomberg in January rumoured a Canaan IPO...
Despite delays experienced in the manufacturing process, Chinese ASIC manufacturer startup Linzhi is ready to produce the first batch of its new Ethereum miners, compatible with both ETH and ETC. The Shenzhen-based company was founded in February of 2018 by former Canaan Creative chip design head, Chen Min. Part of...
The bitcoin mining industry in Texas remains undeterred amid growing concerns over the industry's rising power consumption. Power consumed by bitcoin miners went up 75% last year.
Crypto Miners Wiped Out in Chinese Flood While Bitcoin is a digital technology, natural disasters still affect this nascent ecosystem. Poolin, a prominent cryptocurrency mining pool, recently posted an image on Twitter of a flood “DEVASTATING” a mining farm in the Sichuan region of China. Red Li, the co-founder of...
With ever-increasing hashrates and mining difficulty, the power consumption of cryptocurrency mining is set only to climb higher. Ever since the price of Bitcoin surged in 2017, media attention turned to cryptocurrency mining’s energy consumption and the consequential environmental footprint. In a world becoming ever more dedicated to stopping climate...
Bitmain, one of the world’s premier miner manufacturers, has stepped up its game with the release of two new Bitcoin miner models: the S17e, and the T17e. As announced September 6th on Bitmain’s blog, the new miners have just gone on sale today, September 9th. As per usual, the upgrades...
Interview with Alex Karasulu, chief executive and founder of OptDyn, the company behind the Subutai Blockchain Router and Subutai PeerOS Alex has a 25-year background in the open source software community and is renowned for his original authorship of the Apache Directory Server, used by IBM for its Rational Directory...
