Search
Deutsche Telekom ventures into Bitcoin mining with renewable energy
4.11.2024
Europe’s largest telecommunications provider plans to mine Bitcoin using surplus energy from renewable sources, which would otherwise remain unused
Deutsche Telekom ventures into Bitcoin mining with renewable energy
4.11.2024
Europe’s biggest telecommunications provider plans to mine Bitcoin using surplus energy from renewable sources that would otherwise go unused
Bitmain Rolls out New High-Efficiency Bitcoin Mining Machines, Topping 319 TH/s
10.10.2024
Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version. Bitmain Releases New Air and Hydro-Cooled Bitcoin Mining Rigs The Chinese application-specific...
Bitcoin Hashrate Inches Closer to Record as Difficulty Rise Looms
7.10.2024
Bitcoin’s hashrate has been climbing steadily, closing in on its peak of 693 exahash per second (EH/s) recorded on Sept. 8. At present, it’s cruising just shy of that record, clocking in at 680 EH/s. Block times have been quicker than the typical ten-minute average, and as we approach Oct. 9,...
Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
9.9.2024
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining Scales Iowa Facility The bitcoin mining operator Compass Mining shared that it has energized 3,000 machines...
Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints
26.8.2024
Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the occupants of the house were not fully paying for. Bitcoin...
Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low
21.8.2024
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been increasingly turning their attention to mining alephium (ALPH) and kaspa (KAS). These...
Bitdeer to expand operations with $150M convertible notes offering
16.8.2024
Bitdeer Technologies Group’s stock price dropped to $6.33 after it announced a senior convertible notes offering.
TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
13.8.2024
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue
TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
13.8.2024
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue
From Teraflux to Antminer: Exploring the Top ASIC Bitcoin Mining Rigs on the Market Today
11.8.2024
During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash per second (PH/s) of hashpower—dipped to its lowest point in history, sliding below $38 per PH/s. In this fiercely competitive bitcoin mining arena, only the most...
Singapore ‘not ready’ for Bitcoin ETFs, sneaky crypto mining rig importer: Asia Express
12.7.2024
Singapore isn’t in a rush to list crypto ETFs, according to SGX CEO this week as Philippines charges two over a $6M XRP hot wallet hack
Singapore ‘not ready’ for Bitcoin ETFs, sneaky crypto mining rig importer: Asia Express
12.7.2024
Singapore isn’t in a rush to list crypto ETFs, according to SGX CEO this week as Philippines charges two over a $6M XRP hot wallet hack
As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool
5.7.2024
Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn
LAPD Investigates $579,000 Bitcoin ASIC Miner Theft, Suspect Released
2.7.2024
According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of application-specific integrated circuit (ASIC) bitcoin miners. Local reports confirmed that the man has been released from jail, and the LAPD stated that...
Bitmain’s New S21 Bitcoin Mining Rigs Debut With up to 473 TH/s of Hashpower
18.6.2024
At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an efficiency rating of under 14 joules per terahash....
BlockDAG’s X1 beta app & hardware mining rigs projected to bring 20,000x gains amid uncertain DOT & Bitcoin Cash news
13.6.2024
Polkadot (DOT) price prediction and Bitcoin Cash news have painted a fairly hazy picture of the current investment landscape. Whereas DOT struggles to breach a $7.5 resistance, BTC’s modest 2% surge may unlock a bullish reversal. On the other hand, BlockDAG (BDAG) has become the best crypto to...
Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving
14.5.2024
The hash rate of the Bitcoin network has experienced a significant decline as mining firms are shutting down unprofitable mining rigs following the fourth Bitcoin halving.
The post Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving appeared first on Cryptonews
Argentina Energy Provider Seals New Bitcoin Mining Deal
9.5.2024
Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia.
The post Argentina Energy Provider Seals New Bitcoin Mining Deal appeared first on Cryptonews
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
27.4.2024
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices...