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Nico Smid
- 5 min​
As Bitcoin mining pools grow, concerns are rising about increasing network centralization. Larger pools wield significant power by controlling block creation and payouts, sparking fears of potential censorship and manipulation. OCEAN Pool, however, seeks to shift this balance with the DATUM Protocol, a decentralized solution designed to empower miners and…
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Hydro Cooled Bitcoin Mining
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- 5 min​
Hydro cooling, or water cooling, uses water as a cooling medium to effectively dissipate heat from mining hardware. This technique has become increasingly popular among operators due to its superior efficiency and the ability to achieve high hashrate density. But…
Bitcoin Mining Market Shifts Slowly
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- 5 min​
Bitcoin price is slowly signalling renewed bullish sentiment among traders. Network hashrate is nearing an all-time high, and projections suggest a strong finish to the year, with significant growth potential on the horizon. Hashprice is slowly recovering from its recent…
Price-Based Demand Response Strategies
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- 4 min​
Demand response plays a critical role in optimizing energy usage in Bitcoin mining, especially in regions with variable electricity rates. Understanding how miners can adjust operations in response to price signals and grid needs is essential for profitability. This article…
Will the Bitcoin Mining Bull Ever Return?
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- 5 min​
The Bitcoin mining industry has faced significant challenges in recent months. As the market continues to navigate these turbulent waters, miners are experiencing unprecedented pressures on profitability. From record-breaking hashrate levels to historic lows in hashprice, the current state of…
The BitAxe Mining Revolution
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- 5 min​
BitAxe is a open-source hardware designed to democratize Bitcoin mining, making it accessible to everyone. With a focus on diversity, decentralization, and community collaboration, BitAxe offers options for both solo and pool mining. This article explores various BitAxe models, including…
Understanding Accepted and Rejected Shares for Optimal Performance
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- 6 min​
In the Bitcoin mining process, miners use computational power to solve complex mathematical puzzles to validate and confirm transactions on the Bitcoin network. When a miner successfully solves a puzzle, they are rewarded with a certain amount of newly minted…
Trump Pump Fuels Network Hashrate Growth
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- 4 min​
Bitcoin skyrocketed to nearly $70,000 following Donald Trump’s electrifying speech at The Bitcoin Conference 2024 in Nashville. Trump vowed to keep the U.S. government’s seized Bitcoin, called crypto the “steel industry of 100 years ago” and predicted it could surpass…
Green Bitcoin Mining: Sustainable Energy Usage and Beyond
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- 5 min​
Did you know that 56.5% of Bitcoin miners use green energy? Bitcoin mining employs more sustainable energy than the banking sector or the gold industry. Bitcoin mining is an energy-intensive industry, with over 80% of operational costs being electricity bills….
Network Hashrate Reaches 600 EH/s Amid Price Surge
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- 4 min​
Bitcoin price recovered back above $60,000 as Germany finished selling its holdings. The network hashrate climbed back to the 600 EH/s level, though miners are still capitulating. Difficulty is almost 10% off the all-time high, but an upward adjustment is…
Repurposing Strategies for Bitcoin Mining Rigs in Low Margin Markets
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- 5 min​
In the current market conditions with low margins, cost management is crucial for success. If an Bitcoin mining rig miner malfunctions, it is important to evaluate whether repairing the machine is worthwhile. If repairs are economically viable and align with…