Application-specific integrated circuit (ASIC) chips form the backbone of the bitcoin BTC $64,923.69 mining industry. ASIC machines are made for a single purpose: To solve Bitcoin’s SHA-256 algorithm ...

Jack Dorsey says that his payments company, Block (formerly Square), is expanding its bitcoin mining ambitions from designing chips to developing a full bitcoin mining system. In a post Tuesday, the ...

It is no secret that the bitcoin mining industry is being battle-tested in the wake of the fourth halving. Hash price (revenue per terrahash) has reached historic lows as bitcoin’s block subsidy has ...

London, UK, April 09, 2025 (GLOBE NEWSWIRE) -- On March 25, 2025, XY Miners announced its latest strategic move, establishing a partnership with Bitmain to purchase up to 80,000 Antminer S series ...

BTC mining depended on the latest ASIC machines to give it an edge. At current BTC prices, however, even the latest models may be close to shutdown values. BTC mining is entering the shutdown zone, ...