Tagged: john lee quigley

Bitcoin Mining Industry Updates: Better Reporting Metrics like Hashrate Under Management Needed, Jihan Wu Finally Leaves Bitmain

Crypto billionaire Jihan Wu recently announced his departure from Bitmain, one of the world’s leading Bitcoin mining firms. Bitmain co-founder Micree Zhan has also managed to regain control of the leading Bitcoin mining conglomerate after fellow co-founder Wu tweeted a “coded” message explaining the “end… Read More

Bitcoin Mining Firm HASHR8 Says US and other First World Nations Might Make Crypto Mining “A Strategy to Maintain Power”

John Lee Quigley, who’s focused on building Bitcoin media and research products at HASHR8 Inc, a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains,… Read More

Bitcoin Mining Might be a Profitable Business in Kazakhstan As Miners May be Within Lowest 5% of Electricity Rates Globally: Report

The team at HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, have released their second installment of the Bitcoin Mining Index…. Read More

Bitcoin Reaches $24,000 as Institutional Adoption Continues, Raoul Pal Predicts $1 Million Per Coin in 5 Years

Bitcoin (BTC), the leading cryptocurrency, has entered uncharted territory. The digital asset recently managed to break record highs by surpassing the $24,000 mark. Bitcoin is trading at just below $24,000 at the time of writing. John Lee Quigley, who’s focused on building Bitcoin media and… Read More

Bitcoin (BTC) Mining Hardware Market Is Heating Up and Secondary Market Prices for Machines May Rise: Report

The Bitcoin (BTC) mining machine market is heating up, according to the team at HASHR8 Inc, a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of… Read More

Bitcoin (BTC) Miners Profitability Further Improved due to Lower Mining Difficulty Level: Report

The Antminer S19 Pro price has surged around 30% since October 2020 after the Bitcoin (BTC) price began to rise. As confirmed by the HASHR8 team, the Bitcoin price increases have “widened profit margins for miners but capital expenditure costs are also rising.” John Lee… Read More

Significant Bitcoin Hashrate Came Offline, Resulting in Major BTC Mining Difficulty Drop

John Lee Quigley, who’s focused on building Bitcoin media and research products at HASHR8 Inc, notes that Bitcoin (BTC) has been trading past the $15,000 mark and appears to be holding its own during the COVID-19 pandemic. Quigley writes in a blog post that it’s… Read More

Bitcoin Miners Set to Enter “Golden Period” of Profitablity as Mining Difficulty Drops, According to HASHR8 Team

John Lee Quigley, who’s focused on building Bitcoin media and research products at HASHR8 Inc, notes that Bitcoin (BTC) miners are about to enter an “extremely profitable” market. Quigley points out that cryptocurrency prices are surging but “input costs are about to drop significantly.” He… Read More

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