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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...

ASML: the Company Behind ASIC Manufacturing

In a technology park in Eindhoven, Netherlands, sits one of the most critical companies on the planet, Advanced Semiconductor Materials Lithography (ASML). Since the...

Bitcoin’s Poisson Paradox

Bitcoin's Poisson paradox refers to the fact that many people wait longer than 10 minutes for a confirmation of their BTC transaction, even though...

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...

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 Power does it take to Mine a Bitcoin?

How much power does it take to mine a bitcoin? In this assessment we find that an average of 143,000 kWh of energy is...

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...

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...

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