By Emir Abyazov June 9, 2025, was the day that the crypto world braced with a shiver of interest as Paolo Ardoino, CEO of Tether, issued a humble but powerful announcement. Tether will work towards open-sourcing its Bitcoin Mining OS (MOS). A horde of new Bitcoin mining companies will be able to enter the game […]
Tag: ASIC
By Peter Wind The shortest possible time to mine 1 Bitcoin is about 10 minutes. This is because a new block is added to the Bitcoin blockchain approximately every 10 minutes. When a miner adds a new block to the Bitcoin blockchain, they receive a 3.125 BTC reward (approx. $207,000 as of writing). In practice, […]
By Jon Nielsen The Bitmain Antminer L7 is an ASIC crypto miner specialized for the Scrypt algorithm, which is used to mine the popular cryptocurrencies Litecoin and Dogecoin. The Bitmain Antminer L7 produces 9,160 MH/s in hashrate, has a power efficiency of 0.35, and a power consumption of 3,225 W (efficiency and power consumption ratings assume […]