What’s next for ASICs? The annual Bitcoin conference, this year dubbed Bitcoin2022, always brings out the best and brightest of bitcoiners to the forefront. It’s usually the most anticipated bitcoin conference of the year and probably the longest-running bitcoin conference in history. The focus and theme are squarely on bitcoin but you’ll see a fewContinue reading “State of the ASIC Market”
Author Archives: valarhash
Will bitcoin ASIC miners still be dominated by the Chinese?
Bitcoin mining, for the majority of its current lifespan, has been dominated by one country in almost all aspects. That would be the country of China. At one point in time, China dominated the global bitcoin mining hashrate with over 65% of all hashrates coming from a bitcoin mine located within the borders of China.Continue reading “Will bitcoin ASIC miners still be dominated by the Chinese?”
Bitcoin Mining in Malaysia
How Malaysia may take China’s mining crown of Asia. We’ve all seen it by now. Back earlier this year, a viral video showing a steamroller in Malaysia crushing and obliterating hundreds of ASICs was the talk on social media. Crypto Twitter became captivated by the tenacity of this act with many influencers and KOLs feelingContinue reading “Bitcoin Mining in Malaysia”
What is Merge Mining?
The low-key tech of crypto, people outside of crypto don’t know about. For those who have been in the mining business for a while, there are more than just specialized computers generating random numbers through SHA256 to win a lottery. If you would like a primer and refresher on what SHA256 is, please check outContinue reading “What is Merge Mining?”
Bi-Weekly Miner Updates
Things are getting a bit more difficult. After a month where transaction fees vehemently shot up to a near $60 per transaction, transaction fee levels have cooled back down as difficulty has also taken a concomitant drop to around 20 T. Needless to say but this cooldown period, or whatever way you want to callContinue reading “Bi-Weekly Miner Updates”