Bitcoin mining fundamentals bullish

mining

Bitcoin’s price might be in a sideways consolidation phase, but Bitcoin mining fundamentals Bullish As Hashrate Hits ATH. The Bitcoin hashrate has just hit another all-time high, less than 8 weeks after the mining “capitulation” caused by the Bitcoin Halving. And the seven-day moving average of the Bitcoin hashrate has also just hit another all … Read more

Core Scientific invests in mining

Core

US mining firm Core Scientific has signed a deal with Chinese Bitcoin Mining Hardware specialist Bitmain to purchase 17,600 mining rigs. It’s believed that deal is the biggest acquisition of S19 Bitcoin miners by a single Bitcoin mining company. The deal will see Bitmain’s latest mining rigs: the Antminer S19 and S19 Pro range shipped … Read more

Is Cloud Mining Profitable?

So can cloud mining be profitable in 2020? Mining cryptocurrencies can be technical, especially setting up and maintaining your own mining rig. But there is an option, where the cost of buying the latest mining equipment and all the technical and hard work is handed over to someone else. The cost of laying out for … Read more

Which Mining Pool Should You Join?

mining pool

Gone are the days when a solo miner could win the Bitcoin block reward. Back in January 209 when Satoshi Nakamoto launched Bitcoin, he and the early adopters were mining Bitcoin on their CPUs. But as Bitcoin’s popularity grew so did the mining difficulty. GPUs ousted CPU, and then ASICs Antminers pretty much-ousted GPU for … Read more