2020-7-31 00:30 |
Crypto mining’s future will become more tech oriented, says CEO of RRMine global.
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The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
As AI’s insatiable demand for compute grows, Bitcoin miners are increasingly looking to AI to pay the bills
As AI’s insatiable demand for compute grows, Bitcoin miners are increasingly looking to AI to pay the bills
Bitaxe founder Skot not only created the first ever open-source ASIC-based Bitcoin miner, but he’s inspired over 4,000 others to contribute to open-source Bitcoin mining projects.
The money raised will be used to advance adoption and development of Blockstream's layer 2 technologies, to grow the company's mining operations, and expand its bitcoin treasury.
October could be a harder month for the miners with the network hashrate currently 11% higher while the bitcoin price is up only about 5%, the report said.
Bitcoin miners experienced a third month of declining revenues, a trend that coincided with increased network difficulty and a surging hash rate, making operational conditions challenging