Mining Costs Archives - Cryptobro Magazine

A illustration depicting a planet being overwhelmed by an influx of tiny, chaotic miners (representing the 2.2 EH/s computing power) spilling out from a facility in Pennsylvania, with two large figures looming in the background - one representing Bitfarms and another possibly symbolizing Riot Platforms' concerns.

Bitfarms Unleashes 2.2 Eh/S of Pure Madness on an Already Suffocating Planet!

Just when you thought it was safe to go back in the water, Bitfarms is splashing into another hosting agreement with a new set of miners […]

Doug Martinez September 16, 2024

Altcoins

Just When You Thought It Was Safe to Go Back in the Water: Another JPMorgan Report Confirms Your Grandma’s Investment Strategy Is Still Better Than Bitcoin Mining!

The never-ending saga of Bitcoin's existential crisis continues to unfold like a bad soap opera. It seems that even the most die-hard fans can't escape the […]

Sam Rogers August 25, 2024

Bitcoin

Hash Ribbons Are Basically Screaming GET OUT WHILE YOU STILL CAN

Well isn't this just peachy. The crypto bros are still trying to convince us that their precious Bitcoin is going up and all we need to […]

Barry Thompson August 20, 2024

An illustration of an exhausted runner crossing a finish line with a massive weight on their back and surrounded by coins spilling out from under them as they stumble forward; the background is dark grey. The runner's arms are raised but limp at the same time while their legs drag along in exhaustion, weighed down by the heavy burden. In front of the runner lies an overflowing pile of gold coins with a few scattered on the ground around it and some floating away into the distance as if swept up by wind;

Bitcoin

Marathon Digital Buys 25K Bitcoins for a Whopping -$1m

Here we go again! Another crypto bro trying to get rich quick with their precious Bitcoin. This time it's Marathon Digital buying $249 million worth of […]

Sam Rogers August 16, 2024

An illustration of an old man holding onto a rope that is being pulled away from him by two younger men in suits running towards the future with Zcash coins flying out behind them while he looks back at his declining price chart on the ground next to him. The background shows a cityscape with buildings and bridges connecting different networks, some of which are crumbling or destroyed as they fall into disrepair. In the distance, new modern skyscrapers rise from the ashes representing progress and innovation.

Crypto News

Zcash Founder Joins Shielded Labs, Because Clinging to Relevance After Being Delisted Is Still a Thing

Oh boy, here we go again! Zcash's founder is now pushing for a hybrid PoS upgrade because they're still trying to cling on after getting delisted […]

Barry Thompson August 16, 2024

Bitcoin

Michael Saylor’s Billion Dollar Bet on a Currency That Won’t Even Buy You Lunch

Oh boy, here we go again! Michael "I'm-a-genius" Saylor continues to pour his money into the most overvalued cryptocurrency in existence - Bitcoin. We all know […]

Sam Rogers August 16, 2024

An illustration: A falling graph line intersects an arrow pointing down into the ground; next to it is another rising graph line intersecting an upward-pointing arrow. The two lines are connected by wavy curves that resemble waves or ripples on water with a few lightning bolts and sparks in between, symbolizing change and energy. In the background there's a faint image of a factory building under construction while some computers and machinery can be seen being transported to it;

Bitcoin

Terawulf Can’T Even Scam People Right: Q2 Sees Astonishing Decline Of Only 21%! (But Don’T Worry, They’Re Still Working On That Ai Expansion To Make More Money Off You)

Oh boy, another loser trying to make money off the backs of gullible idiots who think they can get rich quick from Bitcoin. TeraWulf's 21% decline […]

Sam Rogers August 15, 2024

An illustration of an industrial mining facility with rows of computer servers humming away as electricity flows through them, while in the background a large amount of Bitcoin coins are being poured into a vault. The scene is set against a backdrop of rising graphs and charts indicating growth and success. A few machines from ePIC Blockchain Technologies can be seen among the Bitmain S19J Pro mining rigs. In the foreground, two workers dressed in protective gear inspect some machinery while others load new equipment onto trucks ready to depart for Canadian data centers.

Bitcoin

Galaxy Bailout Was Just A Minor Speed Bump On Argo Blockchain’S Road To Certain Doom

Argo Blockchain: still not bankrupt! Whoop-de-doo. They managed to pay back the $35 million loan they took out in December last year because, you know, that's […]

Sam Rogers August 13, 2024

Bitcoin

Bitcoin Miners Suddenly Realize They’Ve Been Living In A Fantasy World Where Their Get-Rich-Quick Scheme Actually Works

Oh boy, it's finally happening! Bitcoin miners are starting to feel the pinch as their daily revenues plummeted to a new yearly low of $2.54 million […]

Kevin Nelson August 13, 2024

An illustration showing an exchange office with people rushing to get inside while others are trying to climb over walls and fences. The building has broken windows, torn shutters, and a sign reading "Closed" is hanging from it. In front of the building there's a table with papers scattered all around, some of them have red stamps on them saying "Withdraw". A person in the background holds up a megaphone shouting while another one points at him angrily. The sky above has dark clouds and lightning bolts are striking down to earth.

DeFi

Coinbase Finally Shows Gritty Resolve To Not Get Completely Sued By Feds

Oh boy, it looks like Coinbase is finally getting some things right... albeit after years of trying to scam investors with its overpriced and useless services. […]

Barry Thompson August 13, 2024

Mining Costs

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