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.

金融

Riot Blockchain Plans Sale of Crypto Exchange as It Invests More Millions in Bitcoin Mining

The Nasdaq-listed company is installing thousands of new Antminer devices from Bitmain at its Oklahoma facility.

作者 David Pan2020年2月21日

Mining machines (GreenBelka/Shutterstock)

金融

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain's Market Share

Bitcoin miner maker MicroBT rapidly expanded market share by selling over half a million units in 2019, chipping away at rival Bitmain's dominance.

作者 Wolfie Zhao2020年2月17日

MicroBT founder Yang Zuoxing speaking at an event hosted by Poolin in September 2019.

政策

Iran Concerns May Be Driving Trump Administration's Talk of New Crypto Rules

Tensions with Iran may be behind U.S. Treasury Secretary Steven Mnuchin’s cryptocurrency compliance comments on Wednesday.

作者 Leigh Cuen2020年2月13日

U.S. President Donald Trump wants the U.S. to accept the "gift" of negative interest rates. (Credit: Shutterstock)

金融

Bitcoin's Mining Difficulty Stagnates as Coronavirus Outbreak Delays New Equipment

A key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China.

作者 David Pan2020年2月12日

金融

Childhood Friends Battle Over Ownership of North America's Largest Bitcoin Mine

Four years ago, two lifelong friends turned a small investment into the largest crypto miner in North America. Now they are warring over the company's future.

作者 Bradley Keoun2020年2月11日

Coinmint's bitcoin mine in Massena, New York, pictured in 2020. (Prieur Leary)

科技

Your PGP Key? Make Sure It's Up to Date

Identity thieves now have another tool at their disposal: bitcoin hashing power.

作者 William Foxley2020年1月24日

市场

Bitcoin’s Share of PoW Mining Rewards Now Above 80%

Rewards received by bitcoin miners form a major chunk of the salaries paid across major proof of work (PoW) blockchains, according to Yassine Elmandjra, a cryptocurrency analyst from ARK Invest.

作者 Omkar Godbole2020年1月16日

Miner Salary Share Across PoW Crytpocurrencies. (Image via ARK Invest)

市场

This Metric Suggests Bitcoin Has Bottomed Out

Bitcoin likely carved out a major price bottom in December, according to a non-price metric, which has proved as a reliable price indicator in the past.

作者 Omkar Godbole2020年1月10日

金融

A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners

A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub.

作者 Anna Baydakova2020年1月8日

Sergei Nemchenkov, the head of data centers and digital products at Rosenergoatom / Anna Baydakova for CoinDesk

金融

Lawsuit Shows How a Public Firm's $80M Bet on Bitcoin Miners Went Terribly Wrong

The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off.

作者 Wolfie Zhao2019年12月23日

Bitcoin mining facility via CoinDesk archives