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Bitcoin miner Iris Energy will nearly triple hashrate after buying 4.4 EH/s in machinesAs they get installed in the coming months, the new machines will bring the company's hashrate back up to 5.5 EH/s — similar to 2022 levels, before it unplugged machines collateralizing a loan.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Iris Energy to nearly triple hashrate with estimated 44,000 new BTC minersBitcoin (BTC) mining company, Iris Energy, will add an estimated 44,000 ASIC miners to its fleet that will see its crypto mining capacity increase threefold. On Feb. 13 the firm said it purchased an additional 4.4 exahashes per second (EH/s) worth of Bitmain Antminer S19j Pro ASIC miners, bringing its self-mining capacity to 5.5 EH/s from 2.0 EH/s. 'While others are tired of losing money, we are tired of taking profits 🔥 Same Market, Different strategies 💯' If you aren’t following DaveNick_trades you should be. There aren’t many who have a better understanding of the current market. Relying on partners/hosting has notoriously been inconsistent and problematic in the mining industry - partnerships go bad and hosting fees go up - these are liabilities. Iris will prevail because it is infrastructure first, vertically integrated, and has a hybrid hodl strategy.
Source: Cointelegraph - 🏆 562. / 51 Read more »
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region – Mining Bitcoin NewsAuthorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” crypto miners. Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months Nice one, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! Ok great, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
Source: BTCTN - 🏆 531. / 51 Read more »
Public miners increased Bitcoin production, hash rate in JanuaryBetter weather conditions in January and stable electricity prices helped miners boost production, reveals a new report from Hashrate Index.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Bitcoin price eyes $22K rebound with BTC market structure 'not yet broken'Bitcoin attempts to reclaim $22,000 as analysts stay neutral on BTC price action. filbfilb The dip happened through Nov/Dec. Since then its been slowly climbing! Calm down crypto twitter! filbfilb We're not overly bothered with what Boomer coin is doing. filbfilb Just HODL
Source: Cointelegraph - 🏆 562. / 51 Read more »