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Saturday, November 27, 2021

Swedish Leaders Want the EU to Ban Bitcoin’s Proof of Work

In a recent article in Sweden's liberal news outlet Dagens Nyheter (DN), opinion leaders urge the EU to ban Bitcoin's Proof of Work (PoW)....

Bitcoin Mining Bans and China’s ASIC Exodus

China housed an estimated one-half to three-quarters of Bitcoin’s proof-of-work network, then lost nearly all when the government initiated bitcoin mining bans in the...

5nm Bitcoin Mining Machines, where are you?

For the past three years 5nm bitcoin mining machines have been an urban legend. Bitmain, Canaan, and MicroBT all announced...

Bitcoin Mining Manufacturers, Update May 2021

Orders continue to roll in for top bitcoin mining manufacturers. But what's the status quo on their delivery times,...

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...

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...

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...

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...

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...

Bitcoin’s Hashrate, 2020 Reviewed

2020 saw a steady rise in Bitcoin's hashrate. Miners rang in the 2021 New Year with stellar earnings of...

Are Bitcoin Mining Machines in Short Supply?

Now that the BTC price is hitting record heights, where are all the bitcoin mining machines? According to manufacturer...