Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67...
Mining
Bitcoin mining CEOs agree on $250k price target for 2028 halving
Bitcoin mining executives from top firms gathered at the HC Wainwright Bitcoin Mining Panel on Sept. 10 to discuss industry...
Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities
Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected...
Bitcoin miners stay resilient despite traders’ waning risk appetite — Glassnode
Bitcoin (BTC) miners are demonstrating unwavering commitment as the network’s hash rate approaches an all-time high, according to a recent...
Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy
According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co....
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade Adoption 1 month agoThe bill, which was first...
Bitcoin Miner Iris Energy Increases Mining Output by 10%
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The...
Bitfarms refutes ‘misleading claims’ made by Riot Platforms in open letter
Bitcoin miner Bitfarms issued a statement addressing what it called misleading claims by rival Riot Platforms amid ongoing tensions over...
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023....
Solo Bitcoin miner earns $200,000 reward amid growing centralization concerns
A solo Bitcoin miner has independently solved a BTC block to earn a reward of 3.275 BTC, roughly equivalent to...
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity....
What makes DeMi Token the best choice for crypto mining?
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›What makes...
9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay
Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to...
Thailand authorities raid illegal mining operation west of Bangkok
Thailand authorities raided an illegal Bitcoin (BTC) mining operation in Ratchaburi, a town west of Bangkok on Friday, the South...
Data Shows Bitcoin Mining Giants Foundry and Antpool Seize 56.7% of Network’s Hashrate
In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling...
Bitfarms to acquire Stronghold Digital Mining in $175M merger
Bitcoin miner Bitfarms said it has entered into a merger agreement to acquire Stronghold Digital Mining for $125 million in...
Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine....
Greenidge Generation battles New York agency over Dresden power plant permit
Bitcoin miner Greenidge Generation has filed a lawsuit against the New York Department of Environmental Conservation (DEC) over licensing issues.According...
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning...
IMF proposes 85% power tax hike on crypto and AI data centers
The International Monetary Fund (IMF) has proposed higher energy taxes to reduce emissions from crypto miners and artificial intelligence (AI)...
Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable
Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant...
Riot increases Bitfarms ownership stake following board member removal
Riot Platforms has announced an increase in its ownership stake in Bitfarms Ltd. to 18.9%, intensifying its influence over the...
