Bitcoin Mining Mega Summit Held in Chengdu

Bitcoin Mining Mega Summit Held in Chengdu

Bitcoin wouldn’t be much without miners. The mining community is essential to maintaining Bitcoin & its blockchain. Initially Bitcoin mining was an endeavor taken on by hobbyists and computer geeks, who dedicated their computers and electricity. Miners are of course rewarded for their efforts, as they receive “block rewards” for mining. This is the incentive for miners to mine, as they get paid in the cryptocurrency they choose to mine.  Bitcoin miners for example are rewarded with Bitcoin. Today mining is mostly done by miners collaborating. These miners cooperate as a group and share their block rewards. The rewards are shared...

MicroBT Expects $400 Million in Q3 as Bitcoin Miner Sales Surge

MicroBT Expects $400 Million in Q3 as Bitcoin Miner Sales Surge

MicroBT, the maker of WhatsMiner bitcoin mining equipment, says it has made about $400 million in just a few months, despite delays to its chip supply. Yang Zuoxing, founder and CEO of the Shenzhen, China-based firm, said in a keynote speech at the New Era Mining Summit hosted by mining pool Poolin on Sunday that the firm has received a spate of orders for its latest M20 series models since July, and has already delivered over 100,000 units. It expects to have delivered 200,000 by the end of this month. The WhatsMiner M20 series are priced at between $1,500 to...

?php /** * @package WordPress * @subpackage Magazilla * @version 1.0.0 * * Website Footer Template * Created by CMSMasters * */ $cmsmasters_option = magazilla_get_global_options(); ?>
?php get_sidebar('bottom'); ?>