https://t.me/Mining_Crypto_Miner

2022-09-01 18:23:02 Publicly-Listed Bitcoin Miner Cleanspark’s Hashrate Exceeds 3 Exahash, Firm Records Daily Production High of 13.25 BTC

Bitcoin miner Cleanspark says it experienced accelerated growth amid the crypto winter this year and the operation’s hashrate has surpassed 3 exahash per second (EH/s), tripling in less than twelve months’ time. The news follows a number of expansions bitcoin mining operations have embarked upon during 2022’s tumultuous crypto market.

On Tuesday, the bitcoin mining operation Cleanspark (Nasdaq: CLSK) announced that the company’s hashrate has officially surpassed 3 EH/s. Cleanspark notes that the firm’s hashpower has jumped three times higher in less than a year and currently the company has 31,000 ASIC (application-specific integrated circuit) mining rigs. According to the company, Cleanspark has recorded a “daily production high of 13.25 bitcoins.” Cleanspark’s update on Tuesday follows the firm revealing.

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2022-08-31 16:27:02 Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC

Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after The Merge is implemented. The mining pool is asking participating Antpool miners to add their ethereum withdrawal addresses by September 3, in order to receive the accumulated ether collected by Antpool.

On Saturday, August 27, the cryptocurrency mining pool Antpool told customers that it will no longer maintain ETH assets after The Merge. Customers have until September 3 to give an ETH address in order to collect the remaining ether mined by Antpool’s ethereum mining operation. Statistics show there is just over 1,000 terahash per second (TH/s) of hashpower dedicated to the ETH blockchain and Antpool is the tenth largest ETH mining pool in terms of hashrate. The largest ETH mining pool in terms of hashrate is Ethermine.

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2022-08-30 15:34:02 Mining and hash rate difficulty at all-time high amid Bitcoin slump

Bitcoin, the world’s largest digital currency by market capitalisation, reeled under pressure after US Federal Reserve Chair Jerome Powell’s comments on raising interest rates further to tame inflation. ome analysts said Bitcoin’s difficulty level is poised to hit an all-time high next week.

The hash rate refers to the total computational power that is used to mine and process transactions on a blockchain such as Bitcoin and may indicate where the market is headed. Difficulty is a parameter that shows how difficult it is for miners to validate blockchain transactions and get rewarded for it. Usually, when the price of Bitcoin drops suddenly, mining revenue falls, lowering the rewards.

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2022-08-29 12:31:04 Bitcoin mining difficulty set for 8-month record gains

BTC, USD is not deterring miners, who have just come out of their own multi-month capitulation phase despite being down about 7% in a week. As August comes to a conclusion, fundamental indicators are firmly in “up only” mode as hardware and competition has returned to the network, Cointelegraph noted.

This is easily encapsulated by difficulty, which is expected to rise by an estimated 6.8% next week. The difficulty is a measure of, among other things, the intensity of competition among miners for block subsidies. This will be the greatest upward difficulty adjustment since January of this year, according to statistics from the on-chain monitoring resource BTC. Additionally, if the 6.8% increase occurs, the difficulty will increase to previously unheard-of levels.

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2022-08-28 09:11:02 AntPool won't maintain client assets on Ethereum after The Merge amid 'risk of censorship'

AntPool, operated by mining giant Bitmain, said that it will not maintain clients’ assets on Ethereum after the blockchain moves to proof-of-stake next month in The Merge. The Merge will transition Ethereum from proof-of-work (PoW) consensus to proof-of-stake (PoS), which will remove the need for transactions to be verified by miners.

AntPool is a mining pool on Ethereum where several users can plug in their computational resources and share processing power to mine rewards. Antpool pays users' mining rewards into their accounts. After Ethereum's PoS upgrade, the firm will cease maintenance of individual client assets mainly because of the "risk of censorship." This stems from growing concerns that Ethereum validators may be coerced into engaging in censorship of transactions tied to US sanctions on Tornado Cash.

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2022-08-27 13:26:02 Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say

The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers.

Despite the latest market downturn, the mining of cryptocurrencies continues to expand in Russia, the crypto page of the Russian business news portal RBC noted in an article. The vast country, which ranked fifth among mining destinations in the beginning of the year, offers abundant energy resources and suitable climatic conditions. A recent report also revealed that the consumption of electricity used to power Russian mining farms has increased almost 20 times in the past five years.

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2022-08-26 14:05:02 Ethereum Classic's Hashrate Taps Another All-Time High Following Ethereum's Hardened Merge Timeline

On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Foundation, Ethereum Classic’s hashrate tapped another all-time high at block height 15,806,925. The latest jump to 38.64 terahash marks the network’s second record high in five days, as Ethereum Classic.

The Ethereum Foundation recently published a blog post called the “Mainnet Merge Announcement,” which gives the public more precise dates concerning The Merge upgrade. At the time of writing, The Merge is expected to go live on Sept 10-20, 2022, and when that happens, Ethash proof-of-work (PoW) miners will be forced to mine another Ethash-supporting crypto network. Ethash miners have a few coins they can choose from, like ravencoin (RVN), ergo (ERGO), beam (BEAM), and ethereum classic (ETC).

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2022-08-25 11:26:02 Bitcoin Miner Marathon Digital Targets Trimmed by Cowen

Marathon delivered disappointing results in the second quarter as several thousand of its mining rigs were sitting idly due to storms and energization delays. However, the firm has announced hosting deals that would help it reach its hashrate, or computing power, goal of 23.3 exahash per second (EH/s) by mid-2023.

However, these deals come with execution risk due to Marathon's reliance on third-party suppliers and a lack of infrastructure control, said Cowen analysts Stephen Glagola and George Kuhle in a note to clients. They take note that one of those third parties is Applied Blockchain (APLD), a "relative newcomer to the bitcoin mining hosting business with limited operating history.". Cowen continues to rate Marathon at Market Perform, but lifted its price target to $9 from $7 following a near-tripling in the stock price over the last seven weeks to the current $14 per share.

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