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ASICWay ( www.ASICWAY.com ), an experienced manufacturer of crypto mining hardware, is now a favorite name amongst individuals interested in profitable crypto mining from the comforts of their home. The company’s recently launched products AW 1, AW 2 and AW Pro have initiated a new age in cryptocurrency mining, offering low heat and noise mining hardware that can be placed within limited spaces at home. Users can start earning profits immediately as the pre-configured mining rigs just...

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Cryptocurrency mining produced increasing revenue over the last several years, leading to 63 million U.S. dollars on a single day in 2021. Bitcoin mining is an investment, weighing the cost of energy and hardware against the expected returns. Mining pools, or groups of miners, tend to be located in regions where electricity is inexpensive. These miners also follow different virtual currencies, mining the cryptocurrency that they expect will have the highest return.  Cryptocurrencies are virtual commodities designed...

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BIT Mining Limited (NYSE: BTCM) (“BIT Mining,” “the Company,” “we,” “us,” or “our company”), a leading cryptocurrency mining enterprise, today reported its unaudited financial results for the second quarter ended June 30, 2021. Cryptocurrency Business Progress BIT Mining has completed the transition of its business to an enterprise that covers cryptocurrency mining, data center operation and mining pool. The Company has commenced ethereum mining operations outside of mainland China, with a theoretical maximum total hash rate capacity of 600 GH/s deployed...

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The cryptocurrency market is complex, and at this point relies on the progression of technology and software, but political decisions will also play an important role in its future. For example, China’s crackdown on crypto mining had sent prices tumbling initially, but recovery has since started, and miners have begun to look for viable alternatives. Many have already, or are in the process, of relocating to Texas. The state also seems to provide a possible solution to the...

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The9 Limited (Nasdaq: NCTY) (“The9”), an established Internet company, today announced that it has signed a cryptocurrency mining hosting agreement with Russian company BitRiver (“BitRiver”) through its wholly-owned subsidiary NBTC Limited. BitRiver, headquartered in Moscow, was established in 2017 to provide global hosting services and one-stop, turnkey solutions for large-scale cryptocurrency mining operations. BitRiver currently utilizes surplus hydroelectric power to operate data centers through low cost and sustainable renewable energy that offers hosting services for cryptocurrency mining...

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Recently, the price of Bitcoin dropped after orders by local authorities to halt mining in Southwest China’s Sichuan Province came late last week, resulting in the shutdown of numerous Bitcoin mines. According to a report from Global Times (China’s national English language newspaper) the ban means that more than 90% of China’s Bitcoin mining capacity is estimated to be shut down, at least for the short term, as regulators across the country have taken similar harsh steps. Now, as a result...

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