MyBitBiz.com - Bitcoin mining hosting experience
Blog about my bitcoin mining hosting journey, profitability and lessons
Yesterday afternoon, US government added one of the largest Russian Bitcoin Mining Hosting company BitRiver on its sanction list. Here is a press release directly from US Treasure Site. The government claims that this step is taken to target Russia’s Crypto Currency mining industry and that these companies are using Russia’s natural resources for competitive … Read more
Without any official announcement, Compass Mining raises hosting costs by 15% today. The rates are going from $0.065/KWh to $0.075/KWh. There was no official announcement, however the CEO of the company Whitt Gibbs shared this news on Compass Mining discord channel today at 9:00am. With this price increase, the costs are now essentially on par … Read more
Compass Mining Hosting ASIC prices on their marketplace are now available. Bitcoin mining & hosting is experiencing a huge increase in demand and issues with supply. Something similar than what happened to gaming GPUs at the beginning of the Covid-19 pandemic. Back then everyone and their grandma wanted a new GPU because everyone was suddenly … Read more