Blockstream Purchases $25M of Bitcoin Mining Hardware from MicroBT

2021-1-28 11:55

The Blockstream blockchain technology firm has purchased $25 million worth of Bitcoin mining hardware from MicroBT, it announced on Jan. 27. MicrotBT is one of the market’s largest manufacturers of mining hardware.

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Crypto Mining Graphics Cards & ASIC Chip Suppliers Expect Sharp Decline in July

Sources, State that the slump that has recently happened in the cryptocurrency market is due to the lack of graphics card suppliers dropping their prices, tech outlet DigiTimes said on June 29th. The unknown sources stem from the “upstream supply chain” reported to DigiTimes that the recent sales of Asic cryptocurrency mining hardware has been […]

2018-7-3 03:11


China Floods Wipe Out Crypto Mining Farms, Bitcoin Hashrate Drops

The cumulative hashing power dedicated toward Bitcoin took a hit this week after extensive flooding of mining centers in Sichuan, China. Eric Meltzer, a partner at China-based blockchain focused fund INB, published a tweet on June 29, 2018, depicting mining hardware destroyed by flooding within the Sichuan region: Rumors that a huge flood in Sichuan took […] The post China Floods Wipe Out Crypto Mining Farms, Bitcoin Hashrate Drops appeared first on CryptoSlate.

2018-7-2 17:00


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Alternative Revenue Streams Expected with Microsoft Hardware Supply Chain Seed Designing Drives

Mining With demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry.

2018-6-15 09:27


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Pessimistic crypto markets see BTC falling below $6,500, ETH below $500

Market visualization from Coin360 Bitcoin (BTC) has taken an over 11 percent negative hit, trading around $6,449 to press time, bringing its monthly losses to almost 25 percent. The leading cryptocurrency has now fallen below what some commentators consider to be an average BTC mining profitability threshold of $6,500. Aside from hardware costs, the local cost

2018-6-13 21:11