Bitcoin Hashrate Falls by Almost 30% After Texas Miners Shut Down Their Devices
Mining companies have been forced to shut down their crypto mining equipment due to the hot weather in Texas.
Mining companies have been forced to shut down their crypto mining equipment due to the hot weather in Texas.
Cryptocurrency miners have shut down operations in Texas amid heatwave-driven peak electricity demand.
Crypto miner maker Bitmain has started selling the Antminer E9, which runs on the Ethash algorithm.
Intel has just announced it has begun the deliveries of its Bitcoin mining ASIC chip to select customers.
Bitcoin mining equipment and services provider Compass Mining has announced the company’s CEO Whit Gibbs and CFO Jodie Fisher have resigned.
A hurricane that struck Montana last June 11 has damaged a power plant in Hardin that powers 30,000 miners at Marathon Digital Holdings.
Mining firm Marathon Digital Holdings will continue to accumulate BTC reserves despite the current price drop.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
Altcoins Banks Bitcoin Blockchain chain China crypto Cryptocurrency Crypto exchanges Crypto mining Crypto regulations Decentralized Finance Elon Musk ETH Exchange-traded fund Facebook Fintech France Funding GameFi Hackers India Investment Iran Japan Metaverse NFTs North Korea Russia Sanctions South Korea Stablecoins Technologies Tesla The city of Minsk Mazowiecki in Poland Twitter UK Ukraine US