Cryptocurrency mining has come a long way since the early days of Bitcoin. As the industry has evolved, so too have the trends and technologies that drive it. In this article, we will look at the most significant trends shaping the future of crypto and Bitcoin mining. Increasing Bitcoin Mining Difficulty One trend that is…
Immersion Cooling Mining Boxtechy has announced that it will be supplying a liquid immersion cooling mining(https://www.boxtechy.com/) system to help reduce the cost of crypto mining in China. The company’s new system, which is already being used by some of the largest miners in the country, can reportedly reduce energy consumption by up to 50%. In…
Dustin Bleizeffer, WyoFile.com A legislative committee advanced a bill that would authorize the state to apply for primacy over federal permitting and licensing that guides the management of rare-earth-element mining’s radioactive byproducts. Lawmakers and industry representatives believe the Wyoming Department of Environmental Quality can permit and oversee the management of rare earth materials containing uranium…
Gone are the days when you must wait in a six-month queue or pay thousands of dollars for an ASIC miner. Nowadays, if you want an ASIC miner, you can grab one directly from Walmart (via Bitcoin Magazine (opens in new tab)). Admittedly, they aren’t dirt cheap, but some have decreased in price. Bitcoin has…
NEW YORK, Nov. 3, 2022 /PRNewswire/ — The Cryptocurrency Mining Hardware Market share is set to increase by USD 12053.16 million from 2022 to 2027. However, the market’s growth momentum will accelerate at a CAGR of 11.35% as per the latest market forecast report by Technavio. The market will also record a 10.71% Y-O-Y growth Rate during the forecast period.…
Nvidia’s latest drivers for Microsoft’s Windows and Linux operating systems disable the company’s LHR (Lite Hash Rate) mining hash rate capping technology introduced last year and essentially re-enable the mining potential of GeForce RTX 30-series LHR graphics cards. Meanwhile, now that Ethereum — the most popular cryptocurrency to mine on GPUs — has moved to the…
According to a report by Bloomberg this morning, the cryptocurrency mining industry is dying at a rapid pace. With many of the world’s major cryptocurrencies, such as Bitcoin and Ethereum, crashing, mining is no longer a sustainable form of income for many people. As a result, miners are selling off the best GPUs in droves,…
Gamers finally have something to smile about as the crypto bear market has resulted in a mining exodus and diminished demand for high-end graphics cards. Crypto Twitter is awash with images of stacks of GPUs being sold on second-hand markets, and prices for new and used units are starting to come down out of the…
At the time of writing, the guaranteed (read: subsidized) revenue per BTC block is about $130,000.00 per block, and the guaranteed revenue per BSV block is about $415.00, which many people think is a metric that tells the whole story. But they are wrong! Bitcoin was never meant to deal with multi-chain economics, but since…
At the time of writing, the guaranteed (read: subsidized) revenue per BTC block is about $130,000.00 per block, and the guaranteed revenue per BSV block is about $415.00, which many people think is a metric that tells the whole story. But they are wrong! Bitcoin was never meant to deal with multi-chain economics, but since…
