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ASIC vs. GPU vs. CPU Mining: Which is Most Profitable?
ASIC vs. GPU vs. CPU Mining: Which is Most Profitable?
Rather than a rehash (pun intended) of the advantages and disadvantages of Proof of Work versus Proof of stake, we’re here to break down how CPUs, ...
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Bitcoin Miners Buy Up Rigs as Prices Near All-Time Lows
Bitcoin Miners Buy Up Rigs as Prices Near All-Time Lows
The prices of bitcoin mining rigs – hardware machines used to verify and add new blocks to the Bitcoin blockchain – have slid to near their all-tim...
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Could Cryptocurrency Mining Stocks be Wall Street’s Unlikely Heroes in 2024?
Could Cryptocurrency Mining Stocks be Wall Street’s Unlikely Heroes in 2024?
The cryptocurrency landscape is still met with an air of mystery among many Wall Street investors. But as new inflation data suggests a period of u...
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Bitcoin Mining Energy Use $2.7B Worth of Electricity in US
Bitcoin Mining Energy Use $2.7B Worth of Electricity in US
In the first few months of 2024, US Bitcoin miners used electricity worth $2.7 billion.Paul Hoffman, analyst at Best Brokers, stated, “Bitcoin mini...
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A Texas Town’s Misery Underscores the Impact of Bitcoin Mines Across the U.S.
A Texas Town’s Misery Underscores the Impact of Bitcoin Mines Across the U.S.
Every night, the nurse anesthetist Cheryl Shadden lies awake in her home in Granbury, Texas, listening to a nonstop roar. “It’s like sitting on the...
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US bitcoin mining giant ‘looking at Africa’ amid expansion efforts
US bitcoin mining giant ‘looking at Africa’ amid expansion efforts
North America’s largest public crypto miner has made global expansion a part of its strategy.While Florida-based Marathon Digital has already branc...
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Bitcoin Mining’s Boon for Small Town America
Bitcoin Mining’s Boon for Small Town America
It isn’t always clear how crypto is changing lives. The incorporality of blockchain ledgers, the fact that crypto wallets are online (not made of l...
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Biden’s 30% tax would ‘destroy’ Bitcoin mining in the US, industry says
Biden’s 30% tax would ‘destroy’ Bitcoin mining in the US, industry says
The Bitcoin mining industry is in an uproar after the White House reintroduced on Tuesday a controversial proposal for a tax on mining.The Digital ...
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Demand for AMD CPUs surges as crypto mining rises from the ashes
Demand for AMD CPUs surges as crypto mining rises from the ashes
Anyone that was in the market for a GPU in the period from 2020 to 2022 would remember the ridiculous prices caused by demand from miners. Among ot...
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