Bitcoin Mining

Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain network. It involves powerful computers solving complex mathematical problems to secure the Bitcoin network and maintain its decentralized nature. Individuals, companies, and even specialized mining pools participate in this process, known as miners. These miners play a crucial role in ensuring the integrity and security of the Bitcoin network. As the number of bitcoins in circulation is limited, mining also serves as a means of distributing new bitcoins. Miners are rewarded with newly minted bitcoins for their computational efforts and the energy they contribute to the network. Bitcoin mining has evolved over time, with the advent of more efficient hardware and the rise of mining farms. These farms, often operated by companies, leverage economies of scale to maximize their mining capabilities. Additionally, mining protocols and algorithms have been developed to adapt to the increasing computational power and maintain the network's stability. Crypto exchanges facilitate the trading of bitcoins, allowing miners to convert their earned bitcoins into traditional currencies or other cryptocurrencies. This dynamic ecosystem of people, companies, protocols, and blockchain networks collectively contribute to the functioning and growth of Bitcoin and the broader cryptocurrency market.


Videos

Marathon Digital-Linked Startup Auradine CEO Weighs in on Future of Bitcoin Mining

As part of CoinDesk's Mining Week, presented by Foundry, Auradine CEO Rajiv Khemani joins "The Hash" to discuss the future of bitcoin mining technology and operations in the U.S. amid crypto winter. CoinDesk and Foundry are both owned by DCG.

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Videos

Behind-the-Scenes Look at How DIY Bitcoiners Make Home Mining Feasible

From an ASIC-heated swimming pool to a handmade soundproof container, "The Hash" panel discusses the various ways of potentially making at-home mining feasible and profitable, with host Will Foxley describing his current setup. This story is part of CoinDesk's 2023 Mining Week, sponsored by Foundry. Foundry and CoinDesk are both owned by DCG.

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Consensus Magazine

Ang Bitcoin Mining Computing Power ay Maaaring Bumaba ng Hanggang 30% Pagkatapos ng Halving: Mga Eksperto

Ang kahusayan ng makina at mababang halaga ng kuryente ay susi sa pag-survive sa paghahati ng Bitcoin , sabi ng mga numero ng industriya sa CoinDesk.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Opinion

Ang Bitcoin Mining ay isang Oligopoly, at ang Proof-of-Stake ay T Mas Mahusay

Ang mga kasalukuyang paraan ng pag-secure ng mga blockchain ay mahalagang zero-sum na laro kung saan WIN ang mga minero kapag natalo ang mga user, isinulat ng tagapagtatag ng Boto na si Breno Araujo.

we demand democracy protest sign (Fred Moon/Unsplash, modified by CoinDesk)

Markets

Ang Mga Pampublikong Kumpanya ng Pagmimina ay Nag-aalok ng Mas Mahusay-Ksa-Bitcoin na Presyo ng Exposure sa 2023

Ang CORE Scientific (CORZ), Riot Blockchain (RIOT), Bitfarms (BITF), Iris Energy (IREN) at CleanSpark (CLSK) ay mas mahusay na gumanap kaysa sa BTC ngayong taon, gaya ng ipinapakita ng chart na ito.

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Consensus Magazine

Dumoble ang Efficiency ng Bitcoin Mining Machine sa loob ng Limang Taon

Ang isang kamakailang ulat ng Coin Metrics ay may balita para sa mga tagahanga ng kahusayan sa enerhiya: Ang mga minero ng ASIC sa pangkalahatan ay binabawasan ang kanilang pagkonsumo ng enerhiya sa bawat coin na ginawa. Ngunit alin ang pinaka-epektibo? Para sa Mining Week, naghukay ng mas malalim ang CoinDesk upang matukoy kung alin sa 11 sikat na mining machine ang pinakamakumpitensya.

(Arek Socha/Pixabay)

Opinion

Ang Mga Limitasyon sa Kita ay Magtutulak sa Pagmimina ng Bitcoin sa Sustainability

Ang proof-of-work na pagmimina ay may lugar sa global renewable energy adoption. Ngunit ang mas malaking papel nito ay ang pagtiyak ng kalayaan sa ekonomiya at kalayaan kung ang mga bansa ay nababagabag ng mga panggigipit sa klima.

wind farm on the water

Videos

Why Bitcoin Miners Have Flocked to Texas

Crypto miners have flocked to the state of Texas since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. "The Hash" panel discusses why Texas has emerged as a bitcoin mining hub as part of CoinDesk's special Mining Week presented by Foundry. Foundry and CoinDesk are both owned by DCG.

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Videos

Gridless Co-Founder on Future of Green Bitcoin Mining

As part of CoinDesk's Mining Week, presented by Foundry, Gridless co-founder Erik Hersman, discusses how Gridless is bringing bitcoin mining to rural Africa and supporting local energy development. Foundry and CoinDesk are both owned by DCG.

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Videos

Vanguard Adds Exposure to Bitcoin Mining Companies

Asset manager Vanguard now owns $560 million worth of bitcoin mining stocks, which includes exposure to companies like Riot Blockchain and Marathon Digital. The news was first reported by Decrypt. "The Hash" panel discusses the TradFi giant's latest investment moves and the state of institutional interest in the crypto space.

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