Rise of the machines
This post was released for Issue 13 of Bitcoin Magazine as part of a series of articles about puzzles and games that started with Issue 12. I hope you enjoy reading them as much as I enjoy writing them. BACKGROUND. In 2005, computer scientist Cameron Browne¹·¹ begins work on a computer program called LUDI as part of his Ph. D. research. On November 2007,....
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An ATM operator, RockItCoin, recently saw a need to improve its operations with more machines, In light of this, the company revealed that it has eventually acquired Tao Bitcoin. This includes all 56 machines of the company. Based on the transaction, there are nearly 1,900 units of RockItCoin operational machines spread across 44 states of […]
Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an abandoned factory west of the capital. 7,000 cryptocurrency mining machines have been seized by Iranian authorities, state news agency IRNA reported Tuesday, noting that this is Iran’s largest seizure of cryptocurrency mining machines to date. Tehran police chief General Hossein Rahimi said that the mining machines were seized at an illegal mining farm — an abandoned factory west of the capital. Cryptocurrency mining is an authorized activity in....
The new machines will add 475 PH/s to Hut 8's hash power.
Delivery of the new machines is set to start in May.
Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin mining operations in the country. Bit Mining Ltd., a mining company based in Shenzhen, announced Monday that “it had successfully delivered its first batch of mining machines to Kazakhstan.” The company explained that bitcoin mining machines will be delivered to Kazakhstan in three batches. The first batch consists of “320 mining machines with a theoretical maximum total hash rate capacity of 18.2 PH/s,” Bit Mining claims, noting....