SHA-256

BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed

On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere wondering whether or not the price truly follows hashpower....
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Video Shows $10M Chinese Bitcoin Mining Farm in Flames

During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money...
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Bitmain to Launch the World Digital Mining Map This October

SINGAPORE, 27 September, 2019 – During the World Digital Mining Summit (WDMS) – which will take place in Frankfurt on 8-10 October – Bitmain will launch the first platform to connect mining hardware owners with mining farm owners via the World Digital Mining Map (WDMM). To remain price-efficient, owners of mining hardware are regularly on...
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What Google’s Quantum Supremacy Means For Cryptocurrency

The threat of quantum computing has long loomed over classical cryptography which provides the security behind most current blockchain networks. Search giant Google recently claimed it has reached a milestone in quantum computing which could have serious implications for cryptocurrency. Does it Pose a Real Threat to Cryptocurrency? In a new scientific publication, tech giant...
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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

On August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt...
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