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Sam Ling

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🇸🇪 Samling = collection (of miner minds). 24/7 PoW hasher. Working as part of an independent and global miner group. Together we explore the Bitcoin network and ASIC hardware industry.

Bitcoin’s Network Charted: understanding miner trends

Bitcoin is not comparable to traditional markets. Therefore financial analyses and statistical tools do not accurately describe the state of Bitcoin's network. In particular...

Bitmain in Hot Water with TSMC. Are ASIC Delays Imminent?

Bitcoin mining manufacturers like Bitmain struggle to produce ASIC chips. Competition with other microchip customers like Apple, combined with unsteady demand due to bear-bull...

Data Center Bitcoin Mining and a Greener China

Technology related data centers consume double the amount of terawatt hours of electricity per year as Bitcoin's PoW, although this is just 1% and...

Moore’s Law vs Bitcoin ASICs and Network Growth

Bitcoin ASIC evolution is stalling and some claim that Moore's law is dead. However, despite hindered microchip upgrades energy efficiency and hashing capabilities of...

Green Bitcoin: Miners Demand Cleaner Energy

The Green Bitcoin Theory believes that Bitcoin's energy use is trivial in comparison to coin price or other industries. They postulate that bitcoin mining will become a...

BTC Hashrate Gains in 2021. Will China Still Rule?

China-based bitcoin mining industry leaders met for a private discussion last week. The group predicts shipment of 200,000-1,000,000 ASICs by 2022. This equates to...

How Much Does it Cost to Mine a Bitcoin?

*See our updated article for May 2021* Bitcoin is a Proof-of-Work cryptocurrency, thus coins have an intrinsic value due to the cost for miners to...

Antminer S17 is Temper-mental, as are S19, S9, T17, T9, L3+

Despite best efforts, interior climates of mining farms may be difficult to control in periods of extreme heat or cold. This winter was no...

Bitcoin’s Dominance and why History Matters

Bitcoin's dominance has been on the rise this 2020-2021 bull run. As price increases and market capitalization gain traction, adoption is proliferating. Bitcoin now...

Record Highs for Bitcoin Miners

Only two weeks have passed in 2021, and Bitcoin has managed to break several records. Bitcoin miners are turning a good profit. Some are...

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