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Mining - The Urban Mine

Category: Mining

Bitcoin blockchain’s hash rate hits new all-time high

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The mean hash rate of the Bitcoin (BTC) blockchain—or the total computational power dedicated to mining—reached a new all-time high of over 176 exahashes per second (EH/s) on Friday, according to crypto metrics platform Glassnode. Yeah, that’s a lot. The Bitcoin network’s mean hash rate exceeded 176 EH/s. Image: Glassnode The increase in hash rate
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Nvidia bets big on Ethereum mining with new dedicated graphic chip

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The chipmaker was overwhelmed by the massive use of its graphic chips by Ethereum and Bitcoin miners in 2017. But it’s prepared this time around. Nvidia’s Ethereum bet Graphics chipmaker Nvidia said Thursday it will release a new series of semiconductors specifically for mining Ethereum, as per a report on Verge. The firm saw huge
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‘Green’ Bitcoin miner Iris Energy doubles its fundraise ahead of IPO

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A firm from Australia that uses renewable energy to mine Bitcoin (among other businesses) has raised two times the intended capital in a recent round. Doubling valuation Iris Energy, an Australian data center that powers Bitcoin mining firms, has doubled its fundraising round to A$40 million ($31 million) ahead of an initial public offering (IPO),
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Bitcoin mining firm plans $2 billion NASDAQ listing via SPAC merger

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A U.S.-based Bitcoin mining firm, named Cipher Mining Inc., will result from the merger between Bitfury subsidiary Cipher Mining Technologies Inc. and Good Works Acquisition Group, in a special purpose acquisition company (SPAC) deal. The combined company is valued at $2 billion. Plans are in place to list it on the NASDAQ under the ticker
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Nvidia bets big on Ethereum mining with new dedicated graphic chip

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  • Posted on
The chipmaker was overwhelmed by the massive use of its graphic chips by Ethereum and Bitcoin miners in 2017. But it’s prepared this time around. Nvidia’s Ethereum bet Graphics chipmaker Nvidia said Thursday it will release a new series of semiconductors specifically for mining Ethereum, as per a report on Verge. The firm saw huge
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Bitcoin blockchain’s hash rate hits new all-time high

  • By - admin
  • Posted on
The mean hash rate of the Bitcoin (BTC) blockchain—or the total computational power dedicated to mining—reached a new all-time high of over 176 exahashes per second (EH/s) on Friday, according to crypto metrics platform Glassnode. Yeah, that’s a lot. The Bitcoin network’s mean hash rate exceeded 176 EH/s. Image: Glassnode The increase in hash rate
Continue Reading

Gold could get ‘GameStopped’ next, says Cameron Winklevoss

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The ongoing silver price rally, allegedly sparked by retail traders from Reddit, could “tell us just how bullshit precious metals markets are,” said crypto exchange Gemini co-founder Cameron Winklevoss last Sunday. The ramifications of a #silversqueeze cannot be underestimated. If it’s exposed that there are more paper claims on silver than actual silver, not only
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