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Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M


On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing a combined capacity of 390 megawatts (MW). For these facilities, Marathon invested a total of $178.6 million...

The Early Governance Rewards Pool contains a total of 250M ENJ


The Enjin Blockchain is undergoing security measures in the wake of the token migration that commenced on September 13. In addition, holders are encouraged to participate in validator and governance monitoring. In order to facilitate this, a sum of 250 million ENJ has been reserved for the Early...

Ethereum Smart Contract Framework Updated to Combat Security Concerns


Ethereum sees significant exchange outflows as investors potentially eye long-term holds. Image by Dennis, Adobe Stock. Ethereum is one of the most widely used blockchain networks globally. Recent findings from CoinMarketCap show that Ethereum has the highest number of total developers, accounting...

Echoes of 2013: Bitcoin Mining Concentration Reaches Decade-High Levels


In the past 72 hours, Antpool has dominated 26.48% of Bitcoin’s overall hashrate, closely followed by Foundry USA at 24.95%. Together, these two mining pools wield 51.43% of the prevailing 502 exahash per second (EH/s) total hashrate. This level of concentration in bitcoin mining pools...

NFT Sales Soar to Over $500M; Bitcoin Leads With Unprecedented Growth


Sales of non-fungible tokens (NFTs) have surged by 52.81% over the past week, reaching a total of $503.35 million. Bitcoin has emerged as the frontrunner in this week’s NFT market, generating $276.79 million in sales, surpassing Ethereum’s $99.67 million, which previously held the...

BTC Derivatives Show Resilience Amidst Fluctuations, Eye $50K Target


Source: Adobe / photoschmidt Despite Bitcoin (BTC) trading below its 2023 high and struggling to stay above the $41,000 mark, derivatives data suggests traders remain optimistic, eyeing a $50,000 target and beyond. While a $127 million liquidation of leveraged long Bitcoin futures occurred...

Bitcoin’s Difficulty Drops for First Time Since September


The latest figures reveal that on Dec. 9, 2023, at block height 820,512, Bitcoin experienced a 0.96% decrease in its difficulty rating. This decline marks the first since Sept. 19, 2023, interrupting a streak of six successive difficulty hikes. Concurrently, Bitcoin’s total hashrate...

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