Bitcoin Mining Hits Record Difficulty as Countdown to 2024 Halving Begins
On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining...
Mining
As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines
Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked...
Nasdaq-Listed Bitcoin Mining Companies Bounce Back From Recent Downturn
Following a dynamic period of activity in the crypto market on Friday, stocks of publicly traded mining companies have recovered...
Digihost Secures Hosting Deal for 4,640 S19 XPs With Leading Bitcoin Miner Manufacturer
Digihost Technology Inc., a blockchain technology and mining enterprise based in the U.S., revealed a significant augmentation of its bitcoin...
Bitcoin Miner Bitdeer Says It Has Launched Its ‘First Cryptocurrency Mining Chip’
Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer...
Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline
In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this...
Bitcoin Miner Riot Acquires 31,500 ‘Next Generation’ M60S Mining Machines Worth $97.4 Million
Bitcoin miner Riot Platforms Inc. said it expects to take delivery as well as deploy 31,500 Whatsminer M60S miners worth...
4-Day $3.77 Billion Boost in Meme Coin Sector Led by PEPE, WIF, and BONK
In recent times, the meme coin sector has experienced a significant increase, climbing over 13% in the past 24 hours....
Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike
Bitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29....
Legal Action Forces US Energy Department to Suspend Crypto Mining Investigation
Following legal action initiated by Riot Platforms and the Texas Blockchain Council against the U.S. Department of Energy (DOE), the...
Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days
Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until...
Riot and Texas Blockchain Council Challenge US Government’s Bitcoin Mining Data Request in Court
The publicly listed mining firm Riot Platforms and the Texas Blockchain Council have initiated legal proceedings against the U.S. Department...
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...
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...
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 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....
18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed – Mining Bitcoin News
According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin...
Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert – Mining Bitcoin News
A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech...
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years – Mining Bitcoin News
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local...
Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say – Mining Bitcoin News
Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in...
Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector – Mining Bitcoin News
The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in...
Bitcoin Miners Breathe a Sigh of Relief as Difficulty Drops 1.45% After Five Consecutive Increases – Mining Bitcoin News
Bitcoin’s network has been putting miners through the wringer lately, with five straight difficulty increases that had them on edge....
