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Major Bitcoin mining manufacturer announces new miners to begin shipping in January

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Bitmain, the largest manufacturer of Bitcoin (BTC) mining ASICs, has shared news that its Ant miner T21, an air-cooled miner , would begin shipping as early as January 2024. The Oct. 26 announcement goes on to highlight that the hardware can operate even in harsh conditions, with the ability to withstand 45 degrees Celsius, or 113 degrees Fahrenheit. Latest advancements in mining technology The global launch of the Ant miner T21 took place during the Blockchain Life 2023 Forum in Dubai, where Bitmain proudly held the position of a “diamond sponsor” as part of a larger reveal of the latest advancements in Bitcoin mining technology. World Premiere of T21 in @BlLife_Forum Thanks for the support — XmeiLin (@xmei_lin) October 25, 2023 In a follow-up post on X dated Oct. 25, Bitmain’s Head of Marketing, Xmei Lin, expressed the company’s enthusiasm for the release of the Ant miner T21, emphasizing its global significance within the cryptocurrency i...

Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward

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The act of mining a valid BTC block solo is so rare that the event has occurred only 270 times out of the 700,000 blocks produced in the last 13 years. A solo Bitcoin miner has managed to solve/mine the 780,112th block in the Bitcoin Blockchain and received a 6.5 Bitcoin (BTC) block reward in return. The estimated value of the payout is over $150,000. The solo miner was also lucky to have produced a valid hash just after two days of the mining, as the event itself is rare and can take months for a solo miner to produce a valid hash. The rare event occurred on March 10 and was only the 270th solo mined block in Bitcoin’s 13-year-long history. The event's rarity could be understood from the fact that a solo miner of this size will usually solve a block on average about once every 10 months. Congratulations to miner39nDQ9BexEBXpRdkHY1z95CaMDEwh6muPW who solved the 270th solo block at https://t.co/UWgBvLkDqc with 6.7PH but doesn't appear to have been mining for very long ...