“Our operational expansion continues at pace, with both our Georgia and Pennsylvania facilities ramping up rapidly – this is a tremendous achievement from our team given the current bottle-necks in global supply chains,” said the CEO and founder of Mawson, James Manning. Source link … [Read more...] about Crypto Miner Mawson Sees Hashrate Topping 1 EH/s by Month-End
Hashrate
Iris Energy’s December Hashrate Rises 14% as Revenue Falls Again
Two new sites in British Columbia will bring in a combined 3.9 exahash/s (EH/s) when operational, Iris Energy said. One site in Mackenzie will deliver 1.5 EH/s in 2022, with the first 0.3 EH/s expected Q2 2022, and another in Prince George will deliver 1.4 EH/s in Q3 2022, expanding to 2.4 EH/s sometime in 2023, according to the statement. Source link … [Read more...] about Iris Energy’s December Hashrate Rises 14% as Revenue Falls Again
Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Is Partially Restored
It’s hard to know how long the internet will continue to operate. The country’s internet has been restored several times over the past few days, but these moments are “brief and unpredictable, affecting different providers and regions at different times,” NetBlocks founder Alp Toker told CoinDesk. Beyond implications for human rights, the intermittent network “can’t reliably … [Read more...] about Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Is Partially Restored
Kazakhstan’s Hashrate Drops as Internet Blackout Persists Amid Nationwide Protests
Internet watchdog NetBlocks reported that internet connectivity in Kazakhstan is still almost nonexistent. Connectivity was initially lost around noon UTC Wednesday. “Metrics indicate a simultaneous loss of connectivity affecting multiple providers, which could indicate the use of a centralized kill-switch,” NetBlocks told CoinDesk in a Twitter message. Source link … [Read more...] about Kazakhstan’s Hashrate Drops as Internet Blackout Persists Amid Nationwide Protests
Bitcoin Hashrate Mints New All-Time Highs
Hashrate figures for Bitcoin set new highs on Sunday night after crossing previous highs from mid-2021, data from analytics tool Glassnode show.Hashrate refers to the amount of computational power used by miners dedicated to the minting of new bitcoins and verification of new transactions on the Bitcoin network. Millions of calculations are solved each second to ‘win’ new … [Read more...] about Bitcoin Hashrate Mints New All-Time Highs