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Russian Hydropower Giant Opens Bitcoin Mining Farm
5.11.2020
En+, one of the world's largest energy producers, is joining forces with crypto firm BitRiver to open new mining farms in Russia
Bitfury forms MaaS partnership to upgrade $35M Norway data center
4.11.2020
The crypto mining firm's 42-megawatt data center near Mo i Rana is reportedly already powered by 100% renewable energy
Layer1 co-founder takes former business partner to court
3.11.2020
He claims to have spent millions of his own money, only to be tossed out of the company he co-founded
US Bitcoin Mining Firm Layer1 in Legal Tussle Over Power Plant Ownership
3.11.2020
Layer1 Technologies is facing a lawsuit from a co-founder who claims he invested millions of dollars and was then forced out of the firm
Bitcoin’s Mining Difficulty Sees Largest Percentage Drop in 9 Years
3.11.2020
Bitcoin’s mining difficulty just recorded its largest percentage decrease since the advent of ASIC mining machines in late 2012
Bitcoin Mining Difficulty Sees Its Second-Largest Drop Ever
3.11.2020
Bitcoin (BTC) mining difficulty just had its largest drop since 2011 and the second-largest in history of the network.
According to major mining pool BTC.com, mining difficulty, which is the measure that shows how hard it is to compete for mining rewards, has dropped more than nearly 15% estimated...
Hut 8 Appoints Jaime Leverton as CEO
2.11.2020
Interim CEO Jimmy Vaiopoulos will return to his role as CFO
Bitcoin Mining Difficulty Set For Double-Digit Drop on Tuesday
2.11.2020
Bitcoin (BTC) mining difficulty could revert to levels not seen since August – with a forecasted drop in difficulty of almost 15% on the cards, similarly to what BTC miners experienced after a market crash in March.
Per BTC.com, a major mining pool, data, the next bi-weekly readjustment will take...
Bitcoin Miners Saw 8% Revenue Increase in October
2.11.2020
12% of revenue came from fees, the highest percentage since Jan. 2018
Venezuela to Incorporate Bitcoin and Litecoin Wallets into National Remittances Platform
2.11.2020
Venezuela says it will incorporate bitcoin and litecoin wallets to its Patria’s Cryptocurrency Remittance Platform. In an update, authorities in the country say this move will enable Venezuelan citizens to formally receive remittances in cryptocurrency form. Many citizens of hyperinflation...
This is How Institutional Players Help Bitcoin Mining Industry Grow
31.10.2020
BitRiver's crypto mining farm. Institutional players are entering the cryptoasset mining industry, prompting the creation of enterprise-grade solutions, but also offering new solutions for existing challenges, according to Igor Runets, founder and CEO of BitRiver, a Russia-based mining services...
The company that coined the term ‘hash rate’ is not concerned about its recent decline
30.10.2020
Bitcoin's hash rate is down on the year, though the price remains largely unaffected
Bitcoin Transaction Fees Rise to 28-Month High as Hashrate Drops Amid Price Rally
29.10.2020
The cost of doing transactions on bitcoin is surging at a time the network is suffering its worst congestion in nearly three years
Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank
29.10.2020
Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable...
Mempool Clog: Bitcoin Hashrate Drops 40%, Backlog Shows Over 100K Unconfirmed Transactions
29.10.2020
The Bitcoin network hashrate has dropped significantly over the last four days sliding from a high of 161 exahash per second (EH/s) to 90 EH/s on October 27. Today, the Bitcoin hashrate has improved a hair as the network’s security is currently hovering around 100 EH/s. However, the mempool...
Bitcoin price sees pullback, but bulls still marching toward $20K
28.10.2020
Bitcoin’s price saw a 4% drop in the last 24 hours, but it’s unlikely to see a correction like in previous cycles for three reasons
Marathon Buys Additional 10,000 Antminers to Become Largest US Bitcoin Miner
28.10.2020
Nasdaq-listed Marathon Patent Group is buying 10,000 of the more efficient Antminer S19 Pro bitcoin miners from Bitmain in a deal worth millions of dollars. ▪ Marathon said the deal would boost the company’s operations to 23,560 next-generation miners, “making it the largest...
‘A Race Toward Zero’: With Hashrate in the Clouds, Bitcoin Mining Is Less Profitable Than Ever
27.10.2020
ASIC financing has driven Bitcoin's hashrate to all time highs in 2020. By consequence, Bitcoin is less proftiable to mine than ever
New Siberian Bitcoin mining center set to provide 100 jobs to locals
27.10.2020
13.6 acres of cold and barren land in Siberia will be put to good use with the support of international investors
Bitfarms Signs a Deal That Cuts Bitcoin Mining Power Costs in Half
27.10.2020
Blockchain infrastructure company Bitfarms said it has signed a beneficial mining deal in South America, with a lower power cost that they said 'revives' older mining machines and cuts the electricity costs in half.
Bitfarms, which provides computing power to cryptocurrency networks such...