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Bitcoin Miner Revenues Plunge to 12-Month Low Amid Post-Halving Output Decline Bitcoin miners experienced a significant decline in revenues, which reached a 12-month low in August 2024, as reported by Bitbo, a leading Bitcoin analytics dashboard. This drop marks a continued downward trend since the network's April 2024 halving, which has drastically reduced mining volumes and revenues. Data from Bitbo indicates that Bitcoin mining revenues fell to approximately $827 million in August, a level not seen since September 20... Coinatory cryptocurrencies news

Bitmain company introduced the new Antminer Z11, the main feature of which is the ability to mine Zcash three times faster than in the normal version of the device. Also, the model consumes almost one and a half times less electricity. https://twitter.com/Antminer_main/status/1107885558292860928 The model is based on the Equihash algorithm, which provides more than 135 thousand calculations per second. With a weight of 5.4 kilograms, the device is easily transported, as it is enclosed in a convenient case. Also, the developers have created a convenient and functional interface for it, which means that the device can be quickly reconnected. Antminer s9 presented in October last year. Its main feature was the built-in algorithm ... Read more about " Bitmain unveiled new Antminer for Zcash " on coinatory.com

The new ASIC-miner Innosilicon Terminator T2-Turbo is available to order at a price of 1.35 thousand US dollars. Shipment of the miners will start from August 15, the company"s website says. On Tuesday, the well-known manufacturer of ASIC-miners Innosilicon announced the release of a new bitcoin miner, developed in cooperation with Samsung. The performance of the miner significantly exceeds the performance of the previous model and competitors. Innosilicon Terminator T2-Turbo offers the highest current performance - 24 TH / s with a ... Read more about " T2-Turbo by Innosilicon ready for shipping " on coinatory.com

The Chinese manufacturer of ASIC-miners Bitmain announced the release of a new device Antminer S9j. Miner is more powerful than the previous model but cheaper in price. The previous bitcoin-miner model from Bitmain was Antminer S9i. It provided a 14 TH / s hash rate at an energy consumption of 1265 watts/hour, and was sold at a price of $ 654. The new machine is slightly more powerful: Antminer S9j provides a hash rate of 14.5 TH / s. At the same time, it consumes slightly more electricity - 1350 Wh / h. But the price of the miner is ... Read more about " Antminer S9j by Bitmain released " on coinatory.com

The British company 50 Cycles created the world"s first unique electric bike, Toba, mining Loyalcoin cryptocurrency when riding. This is stated on the developers" site. An unusual bicycle was introduced to the company"s 15th anniversary. According to the head of the company Scott Snaith, mining tracking will be possible in the application installed on the smartphone. According to the manufacturer of the bicycle-miner, to get a $ 26 in cryptocurrency, it is necessary to travel 1600 kilometers (20 GBP per 1000 miles). Once earned t ... Read more about " Meet the pedal-powered crypto miner " on coinatory.com