Bitcoin Hashrate Inches Closer to Record as Difficulty Rise Looms
Bitcoin’s hashrate has been climbing steadily, closing in on its peak of 693 exahash per second (EH/s) recorded on Sept....
Mining
Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings
In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot...
Russian Bitcoin Mining Industry Could Surpass the U.S. in 2 Years
Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the...
Bitcoin Miner Terawulf Offloads 25% Stake in Equity to Bolster AI and HPC Operations
Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately...
MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC
MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding...
September Slump: Bitcoin Miners See 2024’s Lowest Revenue
According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest...
Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month
Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days....
Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages
Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the...
US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant
According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate...
Bitcoin Miners Riot and Bitfarms Reach Settlement Ahead of Shareholder Meeting
Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23,...
BTC Miners Increase Earnings With Fractal Bitcoin Mining
According to the latest data, the blockchain network Fractal Bitcoin continues to capture around 226 exahash per second (EH/s) of...
Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860...
860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner
Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch...
Bitcoin’s Computational Power Falls 9.95% After Record Hashrate
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw...
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’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...
Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch
Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35%...
Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also...
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....
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s...
Bitfarms Hits Back at Riot Platforms’ Alleged Misleading Claims
Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a special meeting and potential acquisition. Bitfarms...
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...
