News with the tag "Antminer S19"

Bitmain's Antminer S19 series faces a severe crisis in Texas, as extreme weather exposes design flaws, leading to high repair rates and operational issues.

Bitcoin mining is open to anyone, though technical and financial barriers have grown over the years. Miners can only produce new Bitcoins until reaching the supply cap of 21,000,000 BTC. Bitcoin mining produced the first digital currency, which, over the years, discovered a fair market valuation. Mi...

Reports have surfaced that Bitmain, the well known mining rig manufacturer, intends to unveil a cutting-edge bitcoin (BTC) miner at the 2023 World Digital Mining Summit (WDMS) in Hong Kong this coming September. The device, christened the Antminer S21, is being hailed by Bitmain as the market’s most...

Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase Cleanspark’s current operations by just under 1 exa...

On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per second (EH/s). Acquisition to Boost Cleanspark’s Hashpower ...

According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made by three prominent ASIC manufacturers, as fabrication compet...