All of this has squeezed many bitcoin miners as they’ve watched the price of bitcoin dramatically increase over the past year. Demand for chips used in mining has gone up in tandem with bitcoin’s price, but the shortage has kept supply from increasing accordingly.Read more
Mining bitcoin offers plenty of challenges, especially for those new to the industry. Miners need large amounts of capital, access to affordable energy, an unwavering commitment to the project despite volatility, and reliable equipment…Read more
While air cooling is still the primary method of keeping most miners’ ASIC units at a workable temperature, there’s every reason to believe that more and more miners will be moving toward…Read more
Up until the first weekend in December, the rise in bitcoin’s value looked to be unstoppable. Some optimistic investors and analysts were even predicting that it would hit $100,000 by the end of the year…Read more
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