HARPIA Blog

Read all about new deveolopments in the world of cryptocurrency, mining, and how to use it for your business and investments.

Why did Hash-rate drop significantly yesterday?

According to data from Blockchain.info, Hash-rate dropped yesterday from around 100 exa-hash per second all the way down to around 68 exa-hash per second, a 30% drop. While there is no obvious explanation for the drop, we can speculate the cause. From our experience...

How to Choose Your Miner

Throughout several years advising and managing Crypto-mining projects, our team has seen similar behavior among new entrants and incumbent players alike in regards to the decision making process around purchasing and deploying new/used miners. In that time, we’ve...

Why are Bitcoin and Renewables a Perfect Match?

According to a report from CoinShares, the bitcoin network gets 74.1 percent of its electricity from renewables. Why is that the case? According to a recent Vox article, for most miners, 60–80% of Bitcoin mining revenue is used to pay electricity costs. This is before...

Bitcoin’s Big Energy Myth

Having worked in the mining space for the last two years, perhaps the most common question and complaint we hear from the general public is that Bitcoin mining, the process by which the network is secured and transactions are completed, is a catastrophic waste of...

How Bitcoin Responds to Geopolitical Events

Bitcoin is increasingly becoming viewed as a safe haven asset in the case of a recession in the United States and the world. Recent events have proven that uncertainty in the stock market drives investors to Bitcoin. A move such as the United States delaying tariffs...

An Introduction to Bitcoin Mining

Bitcoin mining is the discovery process through which new Bitcoin enters the market. Just as new gold and silver are mined from the ground, new Bitcoin is mined when its algorithm produces new blocks. Blocks are the new transactions and other information that has...

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