Why Bitcoin Miners Are Buying Bitcoin
MicroStrategy (MSTR), the software company founded by Michael Saylor, is the first to adopt a Bitcoin treasury policy, and it’s done wonders for his share price and the growth of his business. He has set the stage for corporate involvement in Bitcoin from companies that don’t directly work in this space, and a few have […]
What Is DATUM?
Let’s take a journey back to Bitcoin’s early days, when mining was a solitary pursuit. The Bitcoin core of yesteryear was all-encompassing, serving as the mining and node runner. Nodes, in their dual role, acted as both miners creating blocks and keepers of the ledger. It worked and made sense at the time of bootstrapping […]
What Is A Braiins Mini Miner?
Pleb mining has had a bit of a renaissance in recent years, with lottery mining devices hitting the market. The Avalon Nano, Nerdminer and BitAxe have carved out quite a following among Bitcoin enthusiasts, and these projects are starting to gather momentum. We’ve already seen a few upgrades to the BitAxe, and soon SolarBit should […]
Norwegian Town Kicks Out miners At Great Cost
If there’s one guilty pleasure a Bitcoiner has to get used to, then it’s the steady serving of schadenfreude from no coiners who don’t get it. It’s a tale as old as Bitcoin and a mistake that many are doomed to repeat as the world’s hardest money butts heads with the world’s hardest noggins. When […]
What Is A SolarBit?
In an era where sustainability and technological innovation converge, the Solarbit project stands out as a new foray into the Bitcoin mining world. One of the biggest issues with Bitcoin mining at home is that the average person can’t tap into cheap energy, get preferred bulk deals on energy or have the time and expertise […]
A BitAxe Miner Nets A Block
The Bitcoin network is one hungry hippo for hash rate; it currently gobbles up 645.9 EH/s, and it will keep ticking up as more miners come online, as current miners expand their operations and as ASICS is improved to produce more hashes for a unit of power. The production of hash rate is an industrial-scale […]
Paraguay Seizing Bitcoin Mining Operations
The biggest incentive for Bitcoin miners to move to Paraguay comes from the Itaipu Dam, which is co-owned by Brazil and Paraguay. The hydroelectric dam is capable of generating 14 GW of power and has provided power to Paraguay, Brazil, and Argentina since May 5, 1984. Paraguay draws over 99% of its power from hydroelectricity. Itaipu, […]
Why Bitcoin Miners Are Pivoting To AI
Bitcoin mining and artificial intelligence (AI), while both being tech sector businesses, seem like entirely different beasts on the surface. As AI investment and companies have grown in the last four years, we’ve seen its hunger for resources grow exponentially. According to reports by the International Energy Agency, current data centre energy usage stood at […]
What Is A HODL_FEE?
Ah, the Bitcoin network. A beautiful symphony of cryptography, decentralisation, and…sometimes whiny miners? Yes, miners play an essential part in this ecosystem. What started as part of the Bitcoin core system, where everyone would mine themselves as part of running a node, has spun off into a specialised service and legitimate business. While Bitcoin miners […]
Sweden Trying To Drive Out Bitcoin Miners
Sweden consistently ranks among the happiest countries in the world by the happy police but now seems none too pleased with how certain data centre businesses operate within its borders. To outsiders like myself, the country is known for high car safety scorings and assembled furniture brands, but it also holds a surprising title in […]