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Keyword: bitmain

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  • Fort Worth is the first city in the U.S. to mine bitcoin, and will run mining rigs out of city hall

    04/26/2022 3:11:14 PM PDT · by DFG · 38 replies
    CNBC ^ | 04/26/2022 | MacKenzie Sigalos
    Fort Worth, Texas, is now the first city government in the United States to mine bitcoin — and in an almost poetic devotion to the initiative, Mayor Mattie Parker oversaw the construction of a small mining farm in City Hall. Three Bitmain Antminer S9 mining rigs will run 24 hours a day, seven days a week, in the climate-controlled information technology wing of Fort Worth City Hall. The city says the miners will be hosted on a private network to minimize the security risk. Bitcoin operates on a proof-of-work mining model, meaning that miners around the world run high-powered computers...