Technology
MiningBitcoin Miner Core Scientific Files for Chapter 11 Bankruptcy
- Core Scientific’s bankruptcy filing revealed the company had between $1 billion and $10 billion in assets, and the same amount in liabilities.
- The company is one of the largest Bitcoin miners in the world, and is responsible for around 10% of the computing power on the Bitcoin network through its 243,000 machines.
December 21, 2022, 11:17 AM
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KuCoin Launches PoW Mining Pool
- KuCoin was able to offer much lower mining fees on its pool thanks to its team, which reportedly has more than six years of expertise in the industry.
- The CEO of KuCoin, Johnny Lyu, also revealed the KuCoin Pool will encourage “green mining” by offering miners that use renewable energy discount on their fees.
August 25, 2021, 4:51 PM
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Bitmain’s AntSentry Goes International
- Bitmain released the international version of its mining management system AntSentry after receiving positive feedback from its Chinese users.
- The platform is set to make mining easier by automating management of the most frequent issues.
December 11, 2020, 4:03 PM
A bitcoin mining farm. Image from Shutterstock
Bitmain Introduces New Rack-Style Mining Rig
- The rig is said to significantly reduce the risk of machine depreciation while “maximizing the effective mining time”.
- Thanks to its hot-swappable modularized configuration, upgrades can be completed without the need of turning the machine off.
November 7, 2020, 3:12 PM
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Oct 20, 2020
Poolin Announces Brand Upgrade, Advances The Mining Industry
- The new brands of the company include Poolin Mining Pool, Poolin Finance, Poolin Mining, and Mining Fund.
- The goal is to make Poolin an all-in-one platform for all things mining, including the mining itself, investment in DeFi, mining hosting, and mining investments.
Apr 27, 2020
Binance Launches Its Own Crypto Mining Platform
- While initially focused on Bitcoin mining, the Binance Pool is planning to support a variety of cryptocurrency mining services.
- The new platform will also be integrated with the exchange’s ecosystem of products, including trading, lending, and staking.
Mar 2, 2020
Bitmain Introduces The New Antminer S19, S19 Pro Models, Shares Specs
- The new supercomputing Antminer S19 and S19 Pro models come in two variations.
- The new Antminers include an improved circuit architecture and new firmware.
Aug 22, 2019
Crypto Mining Equipment Seized at Ukrainian Nuclear Power Plant
- Several power plant workers were arrested after their crypto mining equipment was discovered by law enforcement agencies at the Yuzhnoukrainsk nuclear power plant.
- Six Radeon RX 470 GPU video cards, a motherboard, cooling units, hard drive, and other electronics were confiscated.
Jul 29, 2019
Mining The New Way: Ultra Rewards Without Hijacking Terminals with MintMine
- Few people believed a single Bitcoin would ever be worth thousands of dollars, but there were some who saw the potential of mining it.
- MintMine’s team claims to have come up with an elegant solution to the mining electricity problem, paying for ot 1 year up front.
Apr 28, 2019
Bitmain’s Antminer T17 Is Now Available For Purchase
- Priced at $1,270, the machine can mine SHA256-based cryptocurrencies at 40TH/second.
- In addition, it adopts a new dual tube heat dissipation structure, which the company claims will reduce the space between the air inlet and the air outlet by 50%. Improving heat dissipation is important in the long run, as it can offer a considerable reduction in maintenance costs.