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Bitcoin miners show mixed performance in September amid market volatility
7.10.2024
While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency
Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings
6.10.2024
In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot for profitability among consensus algorithms. Fast forward to today, and it’s the Blake3 algorithm that’s taking the lead, with alephium (ALPH) miners raking...
Hut 8 pays off $38M Anchorage Digital loan as it looks at AI expansion
1.10.2024
Anchorage Digital converted the debt into common stock at a 51% premium
Hive Digital expands focus from crypto mining to AI data centers
30.9.2024
Hive’s strategy targets meeting the rising demand for AI computing while boosting its balance sheet with green-mined Bitcoin
Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages
26.9.2024
Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the power grid and public safety. Underground mining operations have caused recent infrastructure damage, including a substation fire. Officials call for stricter measures to address...
Utah Judge Rules SEC’s Case Against Alleged Crypto Mining Scam Green United Can Proceed to Trial
26.9.2024
The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Green United can proceed to trial, a Utah judge ruled Monday
Email auto-reply vulnerability allows hackers to mine cryptocurrency
25.9.2024
Hackers exploit email auto-replies to spread crypto-mining malware, hijacking unsuspecting users' systems to mine cryptocurrency without their knowledge
Email auto-reply vulnerability allows hackers to mine cryptocurrency
25.9.2024
Hackers exploit email auto-replies to spread crypto-mining malware, hijacking unsuspecting users’ systems to mine cryptocurrency without their knowledge
Green United loses bid to dismiss $18M crypto mining fraud suit
24.9.2024
The defendants are accused of operating a fraudulent crypto-mining operation that sold mining equipment for a blockchain that didn’t exist.
Former Monero Developer Launches New Crypto Mining App
22.9.2024
Riccardo “Fluffypony” Spagni, a former Monero developer, has launched a new mining app called Tari Universe. The app aims to make mining accessible to everyone using a user-friendly interface. However, Spagni faces legal troubles related to fraud and forgery charges. Despite the alleged...
CleanSpark acquires 7 mining sites in Tennessee, hashrate to grow 22%
11.9.2024
CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure's facilities there
Bitcoin miner solves block alone, grabs $180,000 reward
11.9.2024
A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain
Bitfarms postpones ‘special meeting’ over Riot’s board change demand
10.9.2024
Bitfarms delayed its special shareholders’ meeting to address Riot’s demand for board changes, aiming for an informed decision
Kazakhstan mulls Binance, Bybit for digital asset trading
9.9.2024
The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan
Kazakhstan mulls Binance, Bybit for digital asset trading
9.9.2024
The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
6.9.2024
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs
Converting mining sites to AI data centers isn't seamless: Sabre56 CEO
4.9.2024
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle
Holy Bitcoin: Paraguayan Power Company Detects Illegal Crypto Mining Operation in a Church
3.9.2024
The National Power Administration of Paraguay (ANDE) recently detected an illegal bitcoin mining operation in an evangelical church. The church, which shared a power line with a nearby store, had established a connection before its power meter that was hidden within the same building. ANDE officers...
Bitcoin miners see worst revenues in 11 months as difficulty climbs
2.9.2024
August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year
Bank of Russia Eyes Stablecoins for Cross-Border Transactions
27.8.2024
The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing...