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Nalezeno "AI in mining": 6147

Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels

28.5.2024
Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hashrate reached a record 657 exahash per second (EH/s) this week. Bitcoin Hashrate Reaches Unprecedented 657 EH/s...

Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share

28.5.2024
Bitfarms' shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot's announcement

Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining

27.5.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy, Paraguay cracks down on illegal bitcoin mining, and Brazil aims to finalize crypto regulations...

Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total

26.5.2024
Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations. The ministry, which recently declared that it would disconnect all bitcoin miners due to its high energy consumption, has already...

Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective

26.5.2024
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head of policy for the Asia-Pacific region at Chainalysis Inc., said...

Abu Dhabi Regulator Prohibits Cryptocurrency Mining on Farms, Threatens Fines Up to $2,700

26.5.2024
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The advisory explicitly states that farms cannot be repurposed for cryptocurrency mining, which authorities consider a “misuse of the farm...

Marathon Digital Inks Renewable Energy Deal With Kenya; Crypto Miner to Invest $80M

26.5.2024
Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital infrastructure. Following the memorandum of understanding (MOU) signing, the Kenyan government will establish...

Shifting Sands of Bitcoin Mining: How Hydro-Cooling Tech is Leading the Charge Post-Halving

25.5.2024
Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit (ASIC) mining rigs has shifted significantly. It is now essential to ensure electricity is inexpensive and machines are efficient in terms of joules per terahash....

Marathon Digital enters renewable energy partnership with Kenyan gov’t

25.5.2024
Marathon Digital, one of the world’s leading Bitcoin mining operations, announced a collaboration to overhaul Kenya’s renewable energy sector

UAE Agriculture Authority Bans Cryptocurrency Mining on Farms

24.5.2024
The Abu Dhabi Agriculture and Food Safety Authority, United Arab Emirates (UAE), has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The post UAE Agriculture Authority Bans Cryptocurrency Mining on Farms appeared first on Cryptonews

Bitcoin Miner Marathon Digital Signs Deal With Kenya to Invest in Green Energy Projects

24.5.2024
The company will help monetize stranded energy in the African country and help manage its renewable energy production

Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas

24.5.2024
According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi, Texas. The site is adjacent to another location acquired by the firm in December 2023. Peak...

UAE agriculture authority prohibits crypto mining on farms: Report

24.5.2024
Those caught mining crypto on farms face fines of up to 10,000 dirhams, or about $2,722

Ethereum ETF buzz increases Bitcoin mining challenge

24.5.2024
On May 23, the Bitcoin mining world experienced a significant change. The difficulty of mining increased by 1.5%, reaching a record high of 84.4 trillion. This is important because it indicates the increased computational power needed to obtain new blocks of Bitcoin. Furthermore,...

Paraguay Cracks Down on Illegal Bitcoin Mining: Over 550 Miners Seized

24.5.2024
Paraguayan authorities have intensified their efforts to fight illegal bitcoin mining, using innovative techniques including artificial intelligence (AI) and its distribution systems to detect these activities. In less than a week, two new illegal bitcoin mining operations have been closed with...

BlockDAG Presale Surges to $30M Amid Buzz Created by its Viral Keynote; More on Ethereum vs Solana & GameStop Token Price

23.5.2024
Social media platforms have been buzzing with discussions about Ethereum vs. Solana, fueled by notable value actions as they entered new price zones. On the other hand, GameStop’s token price increased significantly due to the massive surge in the stock market. Meanwhile, BlockDAG (BDAG)...

Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704

23.5.2024
Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns with Bitcoin’s overall hashrate exceeding the 600 exahash per second (EH/s) mark. Bitcoin Network Difficulty Increases by 1.48% On May 23, 2024, at block 844,704...