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Bitcoin

How to Operate and Clean a Bitcoin ASIC Miner

In this article we cover the preferable running conditions for a mining rig, as well as how to clean a bitcoin ASIC miner. It...

Bitcoin and Renewables, A Miner’s Observations

Bitcoin and renewables cannot save us from climate change, but they can help. It is capitalism and the need for continued economic growth that...

Are Bitcoin Miner Prices Dropping?

Bitcoin miner prices appear to finally be dropping. Last week we saw Chinese resellers release used Antminer S19 95 terahash (TH) for around $5,000...

Bitcoin’s Hash Rate, 2021 Reviewed

In this article we review the changes to Bitcoin’s hash rate in 2021. We look at miner difficulty, earnings, and ASIC prices over the...

How are Bitcoin’s Difficulty and Hash Rate Calculated?

How are Bitcoin’s difficulty and hash rate calculated? Bitcoin’s difficulty is adjusted bi-weekly to speed up or slow down the block pace to a...

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)....

How Much Does it Cost to Mine a Bitcoin? Update May 2021

Since our last article on the cost to mine a bitcoin the BTC price and earnings/TH have nearly doubled. And, thanks to BTC price...

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...

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...

Mining Bitcoin At a Loss. Could it be a Win?

Mining bitcoin at a loss means profits don't cover operation expenses. When BTC miners go in arrears there are plenty of ways to cut...

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