Category: Mining

The past year has been a troubled one for the cryptocurrency mining industry. Now, however, a recent report from the cryptocurrency industry newsletter Diar has confirmed that Bitcoin mining revenues have started increasing. Bitcoin mining revenue recently hit an 18-month low Specifically, this comes as Bitcoin mining revenues hit an 18-month low this February. To put this into perspective, February’s Bitcoin mining revenues were the lowest they have been since…

Taiwanese tech giant ASUS is opening up ways to allow gamers to use excess power on their graphics cards to mine crypto whilst they play. ASUS is one of the largest producer of computer hardware in the world, and the world’s 5th largest vendor of PCs by sales. The firm has now announced a partnership with Quantumcloud, a mining app provider which is planning to allow gamers the option of…

According to F2Pool, the third largest mining pool, between 600,000 and 800,000 bitcoin miners have shut down business. They have shut down at a rapid pace and done so by mid-November. Why have bitcoin miners shut down? Mao Shixing is the founder of F2Pool and told Coindesk bases his estimates on the number of miners that have shut down on different metrics. These metrics consists of the total hashrate drop…