BitDeer Mining News in August: Russia officially legalizes mining, mining costs exceed $50,000, Marathon marks Bitcoin as made in the United States, etc.
Author | Wu Talks about Blockchain
Sponsored by Bitdeer, a Nasdaq-listed mining company
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Airbnb host Ashley was forced to implement a "no cryptocurrency mining" policy because her tenant installed 10 cryptocurrency mining devices in her house, causing the electricity bill to surge to $1,500 in three weeks. The tenant also installed an electric car charging point and claimed to have earned more than $100,000 through mining during her stay. Ashley is not an isolated case. Many Airbnb hosts have complained on social platforms that their tenants' mining caused a significant increase in electricity bills.
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BitDeer released its July production and operations update, with the initial tape-out wafer delivery of the second-generation Bitcoin mining chip SEAL02 at TSMC expected to be completed by the end of September. After successful testing, it is expected to be put into mass production before the end of the year, and the research and development of the third-generation chip SEAL03 is underway.