Bitcoin is by far the most well-known kind of cryptocurrency in the world, and many individuals have already invested in it. Having said that, despite its popularity, there are various myths and misunderstandings surrounding the internet’s favorite cryptocurrency, making it difficult for the general public – particularly potential investors who have never dealt with cryptocurrencies…
Hive Secures Order For 6,500 Next-Generation Bitcoin Miners
Hive Secures an Order for 6,500 Avalon Miners On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation Avalon mining rigs. Hive expects to increase the operation’s hashrate from 1.2 exahash per second (EH/s) to…
Massive 70 MW Bitcoin Mining Rig Shipped to Russia
Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have a total power…