Mining

The Royal Government of Bhutan has deposited 212.31 Bitcoin, worth approximately $23.61 million, into Binance. This latest transfer forms part of a larger Bitcoin movement totaling 350.74 BTC, valued at...

Quantum computing advances may soon pose a real risk to Bitcoin’s security and mining process. A CryptoQuant report explored how advanced quantum algorithms could disrupt Bitcoin’s proof-of-work system. The report...

Bitcoin mining stocks have seen mixed results in 2024, but Core Scientific (CORZ) chose to be an exception; with the company registering a 248% YTD gain. They also secured a...

Bitcoin’s hash rate has surged to an all-time high, reaching an astounding 667,144,834 terahashes per second (TH/s) on July 26, 2024. This unequaled rise not only signifies enhanced network security...

The German telecommunication company Deutsche Telekom has planned to mine Bitcoin. Dirk Roder, Deutsche Telekom team lead, asserts that the platform will begin Bitcoin mining. The platform’s move highlights Deutsche...

Abu Dhabi bans crypto mining on farms, citing misuse of agricultural land. Violators of the new regulation in Abu Dhabi face penalties of up to Dh10,000. Venezuela disconnects crypto mines...

Paraguay explores leveraging excess energy for Bitcoin mining, signaling a potential economic shift. Senate’s pause reflects adaptability in balancing economic growth with regulatory concerns. The proposed ban raises concerns about...

The US Energy Information Administration (EIA) has decided to suspend its survey of crypto miners’ energy consumption temporarily. The decision comes following Riot Platforms and the Texas Blockchain Council’s lawsuit...

Two staff members of the Patterson Joint Unified School District have been charged for an alleged crypto-mining operation on the premises of the district’s ten schools. According to reports, both...

Eleven of the largest publicly traded Bitcoin miners could face serious profitability challenges after the upcoming halving event, a new report from financial firm Cantor Fitzgerald warns. Scheduled to occur...

The Bitcoin network has recently hit a significant milestone regarding the difficulty level of mining a new block. In particular, according to statistics from Bitcoin Blockchain Explorer, BTC experienced a...

The Bitcoin mining community is exhilarated as daily rewards for Bitcoin mining reached its highest level seen this year. This surge follows a rise in Bitcoin’s price increase that started...

According to Ali, a famous crypto data analyst on X (formerly Twitter), Bitcoin miners have been selling actively since the flagship crypto climbed above $34,000. In a recent post, Ali...

Last week, Bitcoin surged beyond $34,000, marking a 106% increase for the year, following a challenging crypto winter in 2022. Simultaneously, Bitcoin miner Marathon Digital, trading as “MARA” on the...

Artificial intelligence (AI) chips have come under scrutiny from energy and tech experts for their significant electricity consumption. Energy entrepreneur Brian Gitt recently took to X (formerly Twitter) to report...

Prolonged market imbalance and recent downturn have forced Bitcoin Mining Companies to dilute their shares, raising investors’ concerns, according to a Bloomberg report. While many mining companies see the dilution...

A solo Bitcoin miner with a modest hash rate defies the odds. The miner successfully solves a block, grabbing attention in the crypto community. The miner accomplished the feat with...

Bit Digital, a leading bitcoin mining company, has announced its expansion to Iceland as a strategic move to mitigate regulatory risks and the potential impact of a proposed crypto-mining tax...

GoMining celebrates its second anniversary with a new website and app. Users can earn stable BTC rewards through native tokens and NFTs. GoMining emphasizes transparency and fairness, providing fixed and...

Texas-based crypto mining firm Core Scientific Inc. has managed to secure three new hosting contracts despite being in the midst of Chapter 11 proceedings. The company announced hosting agreements with...

MicroStrategy founder Michael Saylor argued against a recent article discussing electricity consumed during Bitcoin mining. According to Taylor, millions of American families benefit from reduced energy bills thanks to Bitcoin...

Pierre Rochard, the Vice President of Research at the bitcoin mining and digital infrastructure company Riot Platforms, shared the platform’s response to the White House’s Office of Science and Technology...

From the recent analysis, it is revealed that the leading cryptocurrency Bitcoin has been showing a steady pace in its mining growth using sustainable energy since 2021, climbing above 50%,...

The National Bureau of Economic Research (NBER), the American private non-profit research organization, released an analysis of 13 publically traded crypto mining companies enlisted on the NASDAQ stock exchange, entitled “Bitcoin...