MiningToMillions
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U.S. - Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June
~ JPMorgan
#JPMorganChase #MiningToMillions #btcpizza #btc73k #Top_Gainers
$BTC $ETH $BNB
~ JPMorgan
#JPMorganChase #MiningToMillions #btcpizza #btc73k #Top_Gainers
$BTC $ETH $BNB
Hut 8 Expands Partnership with Bitmain, Unveils New ASIC Miner #MiningToMillions
Hut 8 expands partnership with Bitmain to launch a new ASIC miner and explores AI/HPC diversification, reflecting a broader industry trend of Bitcoin miners seeking new revenue streams.
Hut 8, one of North Americaâs largest Bitcoin miners, announced on September 19 that it was expanding its partnership.
$BTC
According to Hut 8âs announcement, the collaboration resulted in the launch of the U3S21EXPH, a next-generation ASIC miner designed to increase efficiency and reduce costs.
Hut 8 plans to deploy the model in the second quarter of 2025 through a 15 exahash per second (EH/s) hosting agreement leveraging custom data center infrastructure developed in-house by Hut 8.
$ETH
The Most Efficient ASIC Miner Yet
U3S21EXPH is the first ASIC miner to feature direct liquid-to-chip cooling within a U form factor, making it a more compact and energy-efficient solution.
The new miner is capable of achieving up to 860 terahash (TH/s) at an efficiency of 13 joules per terahash, significantly outperforming many other ASIC miners on the market. This efficiency rating translates to lower energy consumption and reduced operating costs for miners.
By incorporating artificial intelligence (AI) into data center operations, Hut 8 aims to further optimize efficiency and reduce costs.
$BNB
âOur partnership with Bitmain has been instrumental in advancing our thinking on ASIC compute and creating a more scalable model for data center design,â said Asher Genoot, CEO of Hut 8.
The initial agreement for the U3S21EXPH is expected to increase Hut 8âs hash rate under management from 18.5 EH/s to around 33.5 EH/s. As the company prepares for the challenges ahead, including the increased difficulty of the Bitcoin network, the U3S21EXPH offers a potential solution to improve efficiency and maintain profitability.
Bitcoin Miners Seek New Revenue Streams
The Bitcoin (BTC) mining industry is facing increasing financial pressures due to reduced block subsidies and rising.
Hut 8 expands partnership with Bitmain to launch a new ASIC miner and explores AI/HPC diversification, reflecting a broader industry trend of Bitcoin miners seeking new revenue streams.
Hut 8, one of North Americaâs largest Bitcoin miners, announced on September 19 that it was expanding its partnership.
$BTC
According to Hut 8âs announcement, the collaboration resulted in the launch of the U3S21EXPH, a next-generation ASIC miner designed to increase efficiency and reduce costs.
Hut 8 plans to deploy the model in the second quarter of 2025 through a 15 exahash per second (EH/s) hosting agreement leveraging custom data center infrastructure developed in-house by Hut 8.
$ETH
The Most Efficient ASIC Miner Yet
U3S21EXPH is the first ASIC miner to feature direct liquid-to-chip cooling within a U form factor, making it a more compact and energy-efficient solution.
The new miner is capable of achieving up to 860 terahash (TH/s) at an efficiency of 13 joules per terahash, significantly outperforming many other ASIC miners on the market. This efficiency rating translates to lower energy consumption and reduced operating costs for miners.
By incorporating artificial intelligence (AI) into data center operations, Hut 8 aims to further optimize efficiency and reduce costs.
$BNB
âOur partnership with Bitmain has been instrumental in advancing our thinking on ASIC compute and creating a more scalable model for data center design,â said Asher Genoot, CEO of Hut 8.
The initial agreement for the U3S21EXPH is expected to increase Hut 8âs hash rate under management from 18.5 EH/s to around 33.5 EH/s. As the company prepares for the challenges ahead, including the increased difficulty of the Bitcoin network, the U3S21EXPH offers a potential solution to improve efficiency and maintain profitability.
Bitcoin Miners Seek New Revenue Streams
The Bitcoin (BTC) mining industry is facing increasing financial pressures due to reduced block subsidies and rising.
How do miners compete in solving puzzles?âŒïžâŒïžâŒïžâŒïžâââââ
Miners compete by using their powerful computers to race against each other in solving complex puzzles. These puzzles require significant computational power to find the correct solution. The first miner to solve the puzzle gets to add a new block to the blockchain and receive the reward. It's like a digital race to secure transactions and earn rewards in the world of cryptocurrency mining! đâïž #CryptoRace #MiningToMillions #Write2Earn!
Miners compete by using their powerful computers to race against each other in solving complex puzzles. These puzzles require significant computational power to find the correct solution. The first miner to solve the puzzle gets to add a new block to the blockchain and receive the reward. It's like a digital race to secure transactions and earn rewards in the world of cryptocurrency mining! đâïž #CryptoRace #MiningToMillions #Write2Earn!
LIVE
Samina Khan
--
How does cryptocurrency mining actually workđ€ââââââââ
DO YOU wanna know đ
Cryptocurrency mining is like digging for digital gold! Miners use powerful computers to solve complex mathematical puzzles that validate transactions on the blockchain network. When a miner successfully solves the puzzle, they add a new block to the blockchain and are rewarded with newly minted coins as a form of incentive. This process ensures the security and integrity of the cryptocurrency network. It's a competitive and energy-intensive process, but it's essential for maintaining the decentralized nature of cryptocurrencies. đâïž #CryptocurrencyMining
#digitalgold #Write2Earn! #CPI_BTC_Watch
DO YOU wanna know đ
Cryptocurrency mining is like digging for digital gold! Miners use powerful computers to solve complex mathematical puzzles that validate transactions on the blockchain network. When a miner successfully solves the puzzle, they add a new block to the blockchain and are rewarded with newly minted coins as a form of incentive. This process ensures the security and integrity of the cryptocurrency network. It's a competitive and energy-intensive process, but it's essential for maintaining the decentralized nature of cryptocurrencies. đâïž #CryptocurrencyMining
#digitalgold #Write2Earn! #CPI_BTC_Watch
đšBREAKINGđš
U.S. SENATOR TED CRUZ ANNOUNCED THAT HE BOUGHT 3 BITCOIN MINERS AND STARTED MINING IN TEXAS.
#MiningToMillions #BTC #Texas #Update #BTC
U.S. SENATOR TED CRUZ ANNOUNCED THAT HE BOUGHT 3 BITCOIN MINERS AND STARTED MINING IN TEXAS.
#MiningToMillions #BTC #Texas #Update #BTC
$BTC Bitcoin mining company faces $100M in debt, files for bankruptcy
Rhodium Enterprises, a major player in the Bitcoin mining sector, has filed for bankruptcy under Chapter 11 in Texas.
 The company, which operates several subsidiaries, revealed debts ranging from $50 million to $100 million, while its assets are valued between $100 million and $500 million.
#MiningToMillions #MiningNews #CryptoForEveryone #TipCreator
The bankruptcy petition, filed on August 24, includes six subsidiaries: Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW, and Rhodium 30MW.Â
This filing follows a period of financial strain, marked by a default on $54 million in loans owed since July. Despite efforts to restructure, stakeholder disagreements led to the companyâs decision to seek bankruptcy protection.
Bitcoin mining company faces $100M in debt, files for bankruptcy
Rhodium Enterprises, a major player in the Bitcoin mining sector, has filed for bankruptcy under Chapter 11 in Texas.
 The company, which operates several subsidiaries, revealed debts ranging from $50 million to $100 million, while its assets are valued between $100 million and $500 million.
$BTC
The bankruptcy petition, filed on August 24, includes six subsidiaries: Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW, and Rhodium 30MW.Â
This filing follows a period of financial strain, marked by a default on $54 million in loans owed since July. Despite efforts to restructure, stakeholder disagreements led to the companyâs decision to seek bankruptcy protection.
Under Chapter 11, Rhodium will attempt to reorganize its debts while continuing its operations. This process allows the company to propose a repayment plan and negotiate terms with creditors.
#Tipandtrack
Rhodiumâs troubles are part of a broader trend in the Bitcoin mining industry.Â
Falling cryptocurrency prices and rising energy costs have hit many miners hard. For example, Core Scientific filed for Chapter 11 in December 2022 but emerged from bankruptcy earlier this year.
Rhodium Enterprises, a major player in the Bitcoin mining sector, has filed for bankruptcy under Chapter 11 in Texas.
 The company, which operates several subsidiaries, revealed debts ranging from $50 million to $100 million, while its assets are valued between $100 million and $500 million.
#MiningToMillions #MiningNews #CryptoForEveryone #TipCreator
The bankruptcy petition, filed on August 24, includes six subsidiaries: Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW, and Rhodium 30MW.Â
This filing follows a period of financial strain, marked by a default on $54 million in loans owed since July. Despite efforts to restructure, stakeholder disagreements led to the companyâs decision to seek bankruptcy protection.
Bitcoin mining company faces $100M in debt, files for bankruptcy
Rhodium Enterprises, a major player in the Bitcoin mining sector, has filed for bankruptcy under Chapter 11 in Texas.
 The company, which operates several subsidiaries, revealed debts ranging from $50 million to $100 million, while its assets are valued between $100 million and $500 million.
$BTC
The bankruptcy petition, filed on August 24, includes six subsidiaries: Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW, and Rhodium 30MW.Â
This filing follows a period of financial strain, marked by a default on $54 million in loans owed since July. Despite efforts to restructure, stakeholder disagreements led to the companyâs decision to seek bankruptcy protection.
Under Chapter 11, Rhodium will attempt to reorganize its debts while continuing its operations. This process allows the company to propose a repayment plan and negotiate terms with creditors.
#Tipandtrack
Rhodiumâs troubles are part of a broader trend in the Bitcoin mining industry.Â
Falling cryptocurrency prices and rising energy costs have hit many miners hard. For example, Core Scientific filed for Chapter 11 in December 2022 but emerged from bankruptcy earlier this year.
Grin mining
Grin is a cryptocurrency that implements the Mimblewimble protocol, aiming to provide enhanced privacy and scalability. Hereâs a breakdown of key aspects involved in mining Grin:
### Key Aspects of Grin Mining
1. Algorithm:
- Grin uses the Cuckoo Cycle proof-of-work algorithm, which is ASIC-resistant, making it more accessible for GPU mining.
- Two main variants are used: CuckARoo (for GPUs) and CuckAToo (for ASICs), though ASICs are less common.
2. Hardware Requirements:
- GPUs: Grin mining is most efficient with modern GPUs. Nvidia cards tend to perform well, with models like the GTX 1070, GTX 1080, and RTX series being popular choices.
- CPUs: Not typically used for Grin mining due to lower efficiency compared to GPUs.
3. Software:
- Popular mining software includes GrinGoldMiner, Bminer, and Gminer. These programs allow configuration of mining settings and connection to mining pools.
4. Mining Pools:
- Joining a mining pool can increase the chances of earning rewards, as collective mining power increases the probability of solving blocks. Some popular pools for Grin include Sparkpool, F2Pool, and Grinmint.
5. Setup Steps:
- Step 1: Choose the right hardware and ensure it's properly set up.
- Step 2: Install mining software compatible with your hardware.
- Step 3: Join a mining pool by signing up and configuring your mining software to connect to the pool's server.
- Step 4: Set up a Grin wallet to receive mining rewards. This can be done using official wallet software or other compatible wallets.
- Step 5: Monitor your mining performance and adjust settings as necessary to optimize hash rate and efficiency.
6. Profitability:
- Mining profitability depends on factors like the current Grin price, network difficulty, hardware costs, electricity costs, and pool fees. Using mining calculators can help estimate potential profits based on these variables.
### Additional Considerations
- Network Difficulty: The mining difficulty adjusts based on the total network hash rate. Higher difficulty means more competition and potentially lower individual rewards.
- Power Consumption: Efficiently managing power consumption is crucial to ensure mining remains profitable. Monitoring and optimizing GPU settings can help reduce electricity costs.
Grin's focus on privacy and scalability, combined with its ASIC resistance, makes it an attractive option for many miners looking to leverage their GPU hardware.
$GRT $GNO $GLM #GrinderyWallet #Miners #miner #MiningToMillions
### Key Aspects of Grin Mining
1. Algorithm:
- Grin uses the Cuckoo Cycle proof-of-work algorithm, which is ASIC-resistant, making it more accessible for GPU mining.
- Two main variants are used: CuckARoo (for GPUs) and CuckAToo (for ASICs), though ASICs are less common.
2. Hardware Requirements:
- GPUs: Grin mining is most efficient with modern GPUs. Nvidia cards tend to perform well, with models like the GTX 1070, GTX 1080, and RTX series being popular choices.
- CPUs: Not typically used for Grin mining due to lower efficiency compared to GPUs.
3. Software:
- Popular mining software includes GrinGoldMiner, Bminer, and Gminer. These programs allow configuration of mining settings and connection to mining pools.
4. Mining Pools:
- Joining a mining pool can increase the chances of earning rewards, as collective mining power increases the probability of solving blocks. Some popular pools for Grin include Sparkpool, F2Pool, and Grinmint.
5. Setup Steps:
- Step 1: Choose the right hardware and ensure it's properly set up.
- Step 2: Install mining software compatible with your hardware.
- Step 3: Join a mining pool by signing up and configuring your mining software to connect to the pool's server.
- Step 4: Set up a Grin wallet to receive mining rewards. This can be done using official wallet software or other compatible wallets.
- Step 5: Monitor your mining performance and adjust settings as necessary to optimize hash rate and efficiency.
6. Profitability:
- Mining profitability depends on factors like the current Grin price, network difficulty, hardware costs, electricity costs, and pool fees. Using mining calculators can help estimate potential profits based on these variables.
### Additional Considerations
- Network Difficulty: The mining difficulty adjusts based on the total network hash rate. Higher difficulty means more competition and potentially lower individual rewards.
- Power Consumption: Efficiently managing power consumption is crucial to ensure mining remains profitable. Monitoring and optimizing GPU settings can help reduce electricity costs.
Grin's focus on privacy and scalability, combined with its ASIC resistance, makes it an attractive option for many miners looking to leverage their GPU hardware.
$GRT $GNO $GLM #GrinderyWallet #Miners #miner #MiningToMillions
2 biggest crypto currency with 10000% growth potential which helps you to making money in 2025
$NEIRO
The $Neiro price prediction for 2025 is
currently between $0.07293 at the lower
end and and $0.342666 at the higher end .
$AAVE
The price of $AAVE is $138 today with current market cap of $2.06b USD 24
hours trading volume is $ 209.38M USD .IT Has circulating supply of 14.93M. it could reach $ 230 in Aug 2025.
#becomecreater
#MiningToMillions
$NEIRO
The $Neiro price prediction for 2025 is
currently between $0.07293 at the lower
end and and $0.342666 at the higher end .
$AAVE
The price of $AAVE is $138 today with current market cap of $2.06b USD 24
hours trading volume is $ 209.38M USD .IT Has circulating supply of 14.93M. it could reach $ 230 in Aug 2025.
#becomecreater
#MiningToMillions
đ°đ± Get Ready to Mine Your Way to Wealth with Pi Network! đ
Are you ready to seize the next big opportunity in the world of cryptocurrency? Look no further than Pi Network, a game-changing project set to launch its mainnet in July this year!
Pi Network isn't your ordinary cryptocurrencyâit's a revolutionary platform that democratizes mining, making it accessible to anyone with a smartphone. Say goodbye to expensive mining rigs and hello to effortless mining on the go!
But here's the kicker: Pi Network's early adoption phase is where the magic happens. Right now, users have the chance to mine Pi coins at a higher rate than ever before. By getting in early, you can accumulate a substantial amount of Pi coins before the masses catch on.
And when Pi Network launches its mainnet and gains widespread traction, the value of Pi coins is expected to soar. Those early adopters who've stocked up on Pi coins could see their wealth multiply exponentially, potentially turning them into millionaires!
But wait, there's more! Pi Network is exploring innovative ways to integrate Pi coins into everyday transactions, adding even more value to this groundbreaking cryptocurrency. Imagine being able to use your Pi coins to shop, pay bills, and moreâit's like having the power of traditional currency right in your pocket!
So, are you ready to join the mining revolution and pave your way to wealth with Pi Network? Don't miss out on this incredible opportunityâstart mining today and watch your fortunes grow! đ°đ± #PiNetwork #CryptoRevolution #MiningToMillions đ#ETHETFsApproved
Are you ready to seize the next big opportunity in the world of cryptocurrency? Look no further than Pi Network, a game-changing project set to launch its mainnet in July this year!
Pi Network isn't your ordinary cryptocurrencyâit's a revolutionary platform that democratizes mining, making it accessible to anyone with a smartphone. Say goodbye to expensive mining rigs and hello to effortless mining on the go!
But here's the kicker: Pi Network's early adoption phase is where the magic happens. Right now, users have the chance to mine Pi coins at a higher rate than ever before. By getting in early, you can accumulate a substantial amount of Pi coins before the masses catch on.
And when Pi Network launches its mainnet and gains widespread traction, the value of Pi coins is expected to soar. Those early adopters who've stocked up on Pi coins could see their wealth multiply exponentially, potentially turning them into millionaires!
But wait, there's more! Pi Network is exploring innovative ways to integrate Pi coins into everyday transactions, adding even more value to this groundbreaking cryptocurrency. Imagine being able to use your Pi coins to shop, pay bills, and moreâit's like having the power of traditional currency right in your pocket!
So, are you ready to join the mining revolution and pave your way to wealth with Pi Network? Don't miss out on this incredible opportunityâstart mining today and watch your fortunes grow! đ°đ± #PiNetwork #CryptoRevolution #MiningToMillions đ#ETHETFsApproved
#Megadrop #MiningToMillions
Big things to happen very soon hurry!!!!!
đïžDon't be late, if you are sleeping you will lose out
đDownload now from playstore and start earning for freeđŻ
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Big things to happen very soon hurry!!!!!
đïžDon't be late, if you are sleeping you will lose out
đDownload now from playstore and start earning for freeđŻ
đžđžđžđžđžđžđžđžđžđžđžđžđžđžđžđžđž
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#TrendingTopic
The first Mine & Earn platform from Capital.This project marks the start of expansion to Ton League.
Benefits for Users:
Participation via mining platform.
Profit: Purchase mining power with BNB,TRX, or Ton tokens to generate income.
Follow link & Start Mining
Follow BNB,Trx,Ton Mining
đ
https://heylink.me/Satosh
#Write2Earn! #BNB #Trx #Ton #MiningToMillions
Benefits for Users:
Participation via mining platform.
Profit: Purchase mining power with BNB,TRX, or Ton tokens to generate income.
Follow link & Start Mining
Follow BNB,Trx,Ton Mining
đ
https://heylink.me/Satosh
#Write2Earn! #BNB #Trx #Ton #MiningToMillions
đš Top Movers on Binance 24h đš
1. OAX/USDT 5x
Current Price: $0.1547
24h Change: +15.62% đ
2. TKO/USDT 5x
Current Price: $0.3297
24h Change: +12.30% đ
3. KEY/USDT 5x
Current Price: $0.004789
Check it out now! đ„
These coins are on the rise! Donât miss out on the action! đ„
#MiningToMillions #CPI_BTC_Watch #CryptoTrading #Binance #Altcoins
1. OAX/USDT 5x
Current Price: $0.1547
24h Change: +15.62% đ
2. TKO/USDT 5x
Current Price: $0.3297
24h Change: +12.30% đ
3. KEY/USDT 5x
Current Price: $0.004789
Check it out now! đ„
These coins are on the rise! Donât miss out on the action! đ„
#MiningToMillions #CPI_BTC_Watch #CryptoTrading #Binance #Altcoins
