bitcoin mining

  1. Hanno Labuschagne

    Building a dirt-cheap Bitcoin miner that might hit the jackpot

    Building a dirt-cheap Bitcoin miner that might hit the jackpot For slightly more than the price of a full 10-board Lotto ticket, we built a tiny Bitcoin “lottery” miner, which is a computer that stands no real chance of mining any Bitcoin transactions, except through luck. The miner is based...
  3. Hanno Labuschagne

    4th Bitcoin halving done

    4th Bitcoin halving done A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely. The once-every-four-years event cut in half the...
  4. Hanno Labuschagne

    Sars seizes Bitcoin mining hardware worth R10 million

    Sars seizes Bitcoin mining hardware worth R10 million Police and South African Revenue Service (SARS) agents raided an unauthorised warehouse in Vryburg, North West, on Thursday, 4 May 2023, confiscating Bitcoin mining equipment and illegally-manufactured alcohol. In its statement announcing...
  5. Hanno Labuschagne

    Potential Bitcoin mining profits hit by Ethereum miner migration

    Potential Bitcoin mining profits hit by Ethereum miner migration The amount of computing power dedicated to Bitcoin mining surged to a record as more companies made use of the energy and data centre space freed up after the upgrade of the Ethereum network, likely further compressing profit...
  6. Hanno Labuschagne

    Largest US-listed Bitcoin miners hammered by crypto crash

    Largest US-listed Bitcoin miners hammered by crypto crash The three-largest US publicly traded Bitcoin mining companies lost more than $1 billion (R16.39 billion) in the second quarter after taking a series of impairment charges spurred by the collapse of cryptocurrency prices. Core...
  7. Hanno Labuschagne

    Energy firms profit from Bitcoin mining

    Energy firms profit from Bitcoin mining When Beowulf Mining Plc built a data centre in Montana for a major Bitcoin miner in 2020, the three-decade old energy company saw a big opportunity. Whereas its client Marathon Digital Holdings Inc. was reliant on third parties for electricity, Beowulf...
  8. Hanno Labuschagne

    Bitcoin mining could help Russia fight sanctions

    Bitcoin mining could help Russia fight sanctions Rich in energy, but starved of foreign currency, Russia may use Bitcoin mining to dent the impact of ever tougher sanctions as the war in Ukraine drags on, according to one analyst. “It wouldn’t be a stretch for the Russian government or certain...
  9. Jan

    Early Bitcoin miner in South Africa lost the key to his wallet with 20 bitcoin

    I could have been a millionaire, but I lost 20 Bitcoin A 24-year-old South African electronic engineer recounts the story of how he lost 20 bitcoin that he mined in 2010.
  10. T

    Can I trust www.mineshop.co.za? Anyone used this site before?

    Good Day All I have been interested in buying a miner for a long time and have finally decided to do so. I am just very scared of being done in as I am not familiar with any of the sites where miners can be bought from and also as the hardware is so very expensive. Which brings me to my...
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