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Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
10.9.2024
A solo bitcoin {{BTC}} miner beat a swathe of powerful mining pools to receive a $181,000 reward after mining block 860749 on Tuesday
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
Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023
10.9.2024
During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like Siberia, but also warned that these activities...
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...
Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
8.9.2024
After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is more than 13 EH/s above the previous level. Bitcoin Smashes Another Hashrate Record, Climbing 66 EH/s in a Week...
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
7.9.2024
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving average (SMA) for Bitcoin’s total hashrate climbed to 679 exahash per second (EH/s) on Saturday,...
Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining
6.9.2024
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in certain areas, this power can be supplied to legal and registered energy miners operating outside...
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
4.9.2024
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin Mining Operations Push Through Lower Hashprice...
Bitcoin miner revenues dwindle as halving erodes mining volumes: Bitbo
2.9.2024
Mining revenues hit 12-month lows in August, according to Bitbo
Solo miner wins $200K Bitcoin lottery with just 0.012% of hashrate
30.8.2024
A solo Bitcoin miner operating as part of the Solo CK pool solved a block with just 0.012% of the average hashrate.
TeraWulf launches new Bitcoin mining facility, eyes major tech partnership
29.8.2024
TeraWulf claims to be the most profitable miner on a per-share basis, with an average production cost of $40,000 per Bitcoin
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...
Bitcoin’s Last Difficulty Drop Likely to Be Erased in 3 Days
25.8.2024
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current projections suggest that this drop might soon be history. On Aug. 28, the difficulty is expected to bounce back...
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
23.8.2024
BTC miners are struggling to adapt to a post-halving environment.
El Salvador’s Bitcoin holdings grow by 162 BTC with daily buys
23.8.2024
With each new Bitcoin purchase, the country’s financial future becomes increasingly tied to the fortunes of an unpredictable crypto market
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million
21.8.2024
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo Lu, credited this growth largely to a substantial increase in cloud mining revenue, which...
Hash Ribbons signal end of miner capitulation: CryptoQuant
19.8.2024
On Aug. 11, Bitcoin miners recorded the lowest levels of daily revenue in 2024, highlighting the profit squeeze miners are experiencing
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
18.8.2024
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days....