#bitcoin mining
55 articles found
Latest
Tether’s Multimillion-Dollar Foray into AI and Mining
Tether Group has invested $420 million in computer chips. Specifically, they acquired 10,000 H100 GPUs from Nvidia, a popular choice in the artificial intelligence sector. This deal also includes a 20% ownership stake in Northern Data, a German-listed bitcoin mining company. 
Coingecko has just unveiled a report that details the countries where mining 1 BTC could be either a lucrative venture or a costly mistake.
For example, mining a Bitcoin in Lebanon would cost only $266 in electricity, while the same task in Italy would run a shocking $206,000, or 783 times more.
Out of the top 10 nations with the highest electricity costs, 9 are European. 
Bitdeer Technologies Group, based in Singapore, has successfully set up an avant-garde bitcoin mining facility in Gedu, Bhutan – a nation recently recognized for its crypto investments.
As the facility approaches the end of its trial run, many of its mining units are already in operation. Reflecting on the progress, Bitdeer's CEO, Linghui Kong remarked:
"We made significant strides on both the operational and infrastructure fronts during July." 
Marathon Digital (MARA), a leading public Bitcoin mining company, has finalized a deal to acquire two mining facilities with a combined capacity of 390 megawatts for $179 million from Generate Capital's subsidiaries. This acquisition is set to boost MARA's self-operated production capacity from a mere 3% to a substantial 45%. First Mining Pool Celebrates Another Year Today!
The 27th of November 2010 marks a significant milestone in cryptocurrency history – the launch of the very first Bitcoin mining pool, Slush Pool. It was a pivotal moment that rallied the most ardent crypto enthusiasts. Let's revisit how it all started. 
Gang-Controlled Prison Hides Weapons, Drugs, and Bitcoin Rigs
In a massive operation involving over 11,000 police officers backed by tanks and armored vehicles, Venezuelan authorities took control of the Tocoron prison.The aftermath of the operation exposed a collection of explosives, firearms, missile gear, illicit substances, and Bitcoin mining rigs. 
Quantum Blockchain Technologies (QBT), a research company, has unveiled an innovative bitcoin mining method that utilizes artificial intelligence.
According to the company's statement, this new approach to hash verification, as opposed to random selection, boosts the chances of finding a winning hash by approximately 260%. 
The Professor, having made an ill-advised Bitcoin investment, is saddled with a huge debt. To resolve this financial mess, he's drawn to the explosive trend of Bitcoin mining.
The storyline takes the crew to Doge City in search of the valuable mineral thallium, a crucial element for today's mining chips.
Even the legendary animated series couldn't resist the allure of Bitcoin! 
The company's developers are gearing up to release JavaScript libraries tailored to facilitate the transmission of commands and signals to mining hardware.
Tether CTO Paolo Ardoino confirmed his direct involvement in the coding process, asserting that this new development will bolster both performance and security.