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Bitcoin’s Computational Power Falls 9.95% After Record Hashrate

18.9.2024
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. In the nine days since this peak, the hashrate has fallen by 9.95%. Bitcoin Miners Confront...

TaskBunny Releases Its Meme Token with Real Utility and Unstoppable Viral Power

17.9.2024
PRESS RELEASE. Dubai, UAE – September 17, 2024 – TaskBunny is excited to announce its official launch and introduce a game-changing feature, the Proof of Post. The company proudly presents the world’s first meme token with tangible utility. It has been designed to promote viral...

Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality

15.9.2024
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise...

The PS5 Pro's Power (And Its Price) Are Finally Revealed, Star Wars Outlaws' Start Gets Less Frustrating, And More Of The Week's Top Stories

14.9.2024
This week, nothing drove more conversation in gaming circles than the official reveal of the PlayStation 5. Sure, people have strong feelings about its specs, and whether the added power it brings to the table will meaningfully improve your gaming experience, but people feel just as strongly—if...

AI execs visit White House to discuss energy infrastructure

12.9.2024
According to a Goldman Sachs report, the demand for electrical power in the United States will grow approximately 2.4% by 2030

Rings Of Power Season 2 Episode 5 Foreshadows The Disaster We All Know Is Coming

12.9.2024
Just when I think I don’t give a Took about the many branching narratives in The Lord of the Rings: The Rings of Power, the Amazon Prime series drops an episode that cleverly pulls together the disparate stories, justifying their (somewhat plodding) existence. Episode five is one of the more potent...

Coinbase Layer-2 Success Shows Power of Marketing Over Cutting-Edge Tech

10.9.2024

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...

Japanese power giant TEPCO explores ‘green’ Bitcoin mining: Report

9.9.2024
The company aims to prevent wasted renewable energy through curtailment and promote the widespread use of Bitcoin mining

Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy

8.9.2024
According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co. (TEPCO) has taken an innovative step into the world of bitcoin mining. Agile Energy X, the subsidiary in question, has cleverly placed its bitcoin mining units right...

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,...

Zambia’s Dedollarization Plan Aims to Strengthen Kwacha Stability

7.9.2024
Zambia’s latest move to restrict foreign currency use in domestic transactions is aimed at stabilizing its currency, the kwacha, according to central bank Governor Denny Kalyalya. The Bank of Zambia announced this initiative in June and is still consulting market participants, with no...

The Rings Of Power Season 2 Episode 4 Introduces An Iconic Lord Of The Rings Character In The Best Way Possible

5.9.2024
Despite its faults, The Lord of The Rings: The Rings of Power remains a treasure trove of Tolkien lore for superfans of the fantasy franchise—and season two episode four succinctly showcases the Amazon Prime series’ love for its source material. From the debut of a fan-favorite character to...

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...

Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes

2.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining companies have stopped operating in Paraguay after...

Diablo 4's Next Update Is Going To Completely Change The Game

30.8.2024
Diablo 4's next big update arrives in October as part of the game’s next season, which is also coming at the same time as its first paid expansion. This new update, which is going to be tested by players in September, is changing quite a lot of things, including the level cap, how monsters scale...