On Wednesday, Sept. 10, data showed Bitcoin’s total hashrate climbed to 1,027 exahash per second (EH/s), notching another record high after bouncing back from a brief dip four days earlier.
While top-tier bitcoin miners have largely paused or slowed their fleet expansions, a group of smaller competitors accelerated growth in August, posting the strongest gains in bitcoin production.
Canaan Inc. has partnered with Luxor Technology Corporation to provide financing for bitcoin mining machines, beginning with a deal that enabled an unnamed U.S. institutional miner to acquire more than 5,000 Avalon A15 Pro rigs in August.
Ocean Mining reports that a small, $500 application-specific integrated circuit (ASIC) Nerdminer, humming along at about 5 terahash per second (TH/s), managed to hit a block — a feat that would typically demand a wait of more than 3,500 years.
Applied Digital’s $11B HPC deal puts it in the same league as Core Scientific and TeraWulf. But is the market sleeping on it?
Digital Hive has completed the second phase of development for its mining site in Yguazú, Paraguay, reporting an increase in its hashrate to 18 EH/s. Luke Rossy, Hive’s COO, emphasized that this goal was achieved in record time, with the company entering Paraguay in June 2024.
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