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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 incoming five nanometer ASIC rigs...

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, backlog, and do they have...

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...

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 22¢/TH, up from 14¢ last...

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 websites many of the market-leading...

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