Bitcoin Mining Firms Terawulf and Cleanspark Ramp up Hashrates, Boost Financial Footing
This week witnessed significant expansions in the bitcoin mining sector, with two leading firms unveiling substantial increases in their operational...
Mining
Bitcoin miners to get instant non-custodial rewards via Lightning Network
Enterprise Bitcoin mining pool company Titan Mining has announced Titan Lightning, intending to transform how Bitcoin miners receive rewards by empowering...
US EIA Starts Requiring Energy Consumption Data From Cryptocurrency Miners
The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners...
Ethiopia to start mining Bitcoin through new data mining partnership
The Ethiopian government is set to begin mining Bitcoin through a new partnership with Data Center Service — a subsidiary...
Bitcoin’s Latest Difficulty Retarget Jumps 8.24%: Miners Navigate the Toughest Mining Landscape Yet
Bitcoin’s mining difficulty has hit an unprecedented peak, marking the most significant jump of 2024. On Thursday, at the milestone...
Bitcoin mining difficulty set to hit record high today amid US miner scrutiny
Bitcoin’s mining landscape is poised for another challenge as mining difficulty is set to rise by nearly 8% today, Feb....
Bitcoin Braces for Record Difficulty Surge Ahead of Retarget as Miners Push Network to New Heights
Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network....
Why Grayscale says this one’s different
The countdown to Bitcoin’s highly anticipated halving event is on, with fewer than 10,000 blocks left as of Feb. 12.According...
Tecpetrol Raises Crude Oil Production Fivefold With Crypto Mining In Argentina
Tecpetrol, an Argentina-based oil and gas company, has reported the benefits of including crypto mining operations in its oil explorative...
Australian Bitcoin miner Iris sets 20 EH/s hash rate target as US mining falters
Australian Bitcoin mining company Iris Energy has outlined ambitious plans to ramp up its hash rate to 20 exahashes per...
CleanSpark announces acquisition of four Bitcoin mining facilities
Bitcoin mining firm CleanSpark said that it will acquire four new mining facilities in a press release published on Feb....
Bitcoin miners slam US government planned survey as ‘Operation Chokepoint 3.0’
The U.S. authorities’ planned survey of Bitcoin miners’ electricity usage has drawn steep criticism from the mining community, describing it...
Hut 8 expands borrowing capacity with Coinbase to $65 million, acquires natural gas power plants
Bitcoin miner Hut 8 has secured an additional $15 million from a subsidiary of the United States-based cryptocurrency exchange, Coinbase,...
Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital
Hut 8 has formalized a comprehensive four-year partnership with Ionic Digital Inc., encompassing end-to-end managed services across all of Ionic’s...
Bitcoin mining difficulty hits new ATH after record 7.3% spike
Bitcoin mining difficulty has surged to a new all-time high, reaching 75.50T at block height 828,576 on Feb. 2, less...
US to launch survey on cryptocurrency miners’ energy consumption
The United States, through the Energy Information Administration (EIA), will start collecting data about cryptocurrency miners’ energy consumption rate within...
Core Scientific wins court approval to enact reorganization plan, exit bankruptcy
The Bitcoin mining firm Core Scientific announced on Jan. 16 that it has obtained court approval to proceed with its...
Marathon vs Riot: Analyzing the true cost of mining 1 bitcoin
Bitcoin mining is the cornerstone of the crypto industry and the crypto market. At its core, the profitability of mining...
Bitcoin miner GRIID debuts on Nasdaq under ‘GRDI’ ticker
Bitcoin miner GRIID will begin trading its common stock under the “GRDI ” ticker on the Nasdaq stock exchange today,...
Hut 8 responds to report criticizing USBTC merger and other activities
The Bitcoin and digital asset mining firm Hut 8 responded to a recent critical report in a statement on Jan....
Bitcoin developer Luke Dashjr raises concerns over centralization in Bitcoin mining
In an in-depth interview with Bitcoin Magazine on Jan. 24, Bitcoin Core developer Luke Dashjr voiced significant concerns about the...
OKX pulls plug on mining pool amid declining user and hashrate numbers
Crypto exchange OKX will discontinue its mining pool services due to “business adjustments” reasons, according to a Jan. 26 statement.The...
