⚡️The Quiet Before the Storm?
Several of Hashrate Index's key indices are in a lull or a downward trend as Bitcoin's price stays below $50,000. Have we shifted course, or is the market calming down before making even bigger moves?
⚡️Bitcoin Miners Outdid Themselves in August as S19s, Newer Rigs Take Up the Helm
August was one of the most profitable months of the ASIC epoch on record, and it has something to do with those shiny new-gen ASICs that are supplanting older rigs in industrial-scale farms.
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⚡️ Hashrate Index Roundup 9/4/21
In today's letter: bitcoin miners mined 15% more BTC in August than in July, older generation rig prices were flat last month, and more juicy databits.
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ASIC Prices for S9s, Older Generation Hardware Stagnant in August as Others Rise
Prices for older generation ASICs like the S9 and M20 were flat over August, while newer generation machines rose.
⚡️ Think ASICs Are Expensive Now? Just Wait...
One of the largest chip manufacturers in the world is hiking prices. Will others follow?
Bitcoin Mining in Canada is Thriving Despite Stringent Regulations
We expect Canada to be a top 3 mining hub in the world over the next decade as new entrants search for reliable, abundant power in countries with strong property rights and legal protections
