Category: mining

Application-specific integrated circuit (ASIC) chips form the backbone of the bitcoin (BTC) mining industry. ASIC machines are made for a single purpose: To solve Bitcoin’s SHA-256 algorithm as fast as possible in…

According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there’s a catch — these businesses have…

“Hive Digital Chairman Frank Holmes stated that the company expects to expand its capacity by over 400% with its initiatives in Paraguay, a country that offers ample hydroelectric energy for the company’s…

Officials of Thailand’s Central Investigation Bureau (CIB) seized 63 illegal crypto mining machines on Friday, according to a report by The Nation. The illegal crypto mining rigs, worth around 2 million baht…