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Bybit Releases Reserve Report

Cryptocurrency exchange Bybit has published a fresh Proof of Reserves (PoR) report, independently audited by Hacken. The document covers 40 asset types and shows that each of them is more than 100% backed by reserves. In line with Proof of…

Bitmain’s 1.16 PH/s Bitcoin Miner: ASIC Arms Race Now Real

Bitcoin mining hardware has undergone a significant transformation over the past three years, from machines generating colossal terahashes to affordable rigs with efficiencies below 20 joules per terahash (J/TH). At the World Digital Mining Summit last month, Bitmain revealed details…