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Bitcoin Mining Difficulty’s Record Setting Streak Shows No Signs of Stopping
30.5.2023
The difficulty of mining bitcoin is poised to set a new all-time high this week as miners continue to deploy new mining machines to cash in on recent spike in revenue
US Bitcoin Corp to Operate Restructured Mining Division of Celsius, Boosting Hashrate by 12.2 EH/s
29.5.2023
Bitcoin mining company U.S. Bitcoin Corp (USBTC) has announced its intention to employ the mining assets of Celsius, the defunct crypto lender. The development follows the acquisition of application-specific integrated circuit (ASIC) machines from the bankrupt company by the Fahrenheit coalition...
Bitcoin miner Canaan's net loss slightly improved in Q1 amid market turbulence
26.5.2023
Diluted net loss per American depositary share in Q1 2023 stood at $0.51 from $0.55 in the previous quarter
Bitcoin Mining Difficulty Poised to Break 50 Trillion Barrier, May 31 Projection Shows
26.5.2023
Despite an upswing in mining difficulty on May 18, current data projects Bitcoin’s mining difficulty to see a further escalation on May 31, 2023—potentially jumping between 1.1% and 2.51%. Bitcoin’s Difficulty Nears 50 Trillion Milestone Bitcoin’s mining difficulty...
Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’
26.5.2023
The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract
USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets
26.5.2023
The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively
Nvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look
25.5.2023
Bitcoin miners might find non-mining AI applications too tantalizing to pass up
Ripe for the squeeze? Bitcoin mining stocks remain under attack from short sellers
25.5.2023
BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks
Excavating the Truth Around the Bitcoin Mining Discourse
24.5.2023
Last year, a group of CoinDesk reporters traveled to Seneca Lake to examine the effect Greenidge Generation – a resurrected power plant that now mines bitcoin – had on the surrounding communities. Though we expected to hear locals say they disliked the plant and its continued operation, we found...
Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners
24.5.2023
Miners will be scored on their use of clean energy and grid impact
Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent
23.5.2023
Crusoe is not a pioneer, but a follower, says the lawsuit filed by Stephen Barbour's mining firm
The Bitcoin Mining Debate Is Ignoring the People Most Affected
23.5.2023
Environmentalists and anti-mining lawmakers debating bitcoin mining facility Greenidge Generation’s impact use rhetorically persuasive arguments that aren’t backed by reality. But so do the bitcoiners supporting the powerplant-turned-mining facility. And the debate does not solve the very real...
Effortless Crypto Earning: How GoMining is Changing the Game
22.5.2023
GoMining, a prominent bitcoin mining venture with six years of industry expertise, is commemorating its second anniversary with a significant rebranding. The venture, which oversees substantial bitcoin mining rigs across nine data centers in diverse countries, has been offering reliable...
The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
22.5.2023
A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company Bitdeer to “jointly develop green...
Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development
21.5.2023
Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are "properly funded."
Marathon and Brink Join Forces to Raise $1 Million for Bitcoin Core Developers
20.5.2023
Bitcoin mining company Marathon Digital Holdings and Brink, a nonprofit striving to support open-source Bitcoin development, recently revealed their collaboration to generate up to $1 million in funding for Bitcoin Core developers. Marathon pledged to match all contributions toward this cause...
Bitcoin production growth and capital strategy guiding Marathon Digital: CEO
19.5.2023
In an exclusive interview with Cointelegraph at the Bitcoin Conference, Marathon Digital CEO's Fred Thiel spoke about the mining company's response to the bear market
Microbt Unveils New Whatsminer Bitcoin Mining Rig With 320 TH/s, Setting New Standard for Hashpower
19.5.2023
During the Bitcoin 2023 conference in Miami, bitcoin mining rig producer Microbt unveiled three new additions to their Whatsminer series. The latest Whatsminer models, namely the M50S++, M53S++, and M56S++, boast hashpower ranging from 150 terahash per second (TH/s) to an impressive 320 TH/s....
Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak
19.5.2023
On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes, making it the most difficult it has ever been to discover...
Bitcoin Price Prediction as Bitcoin Mining Difficulty Reaches New All-Time High – BTC Adoption on the Rise?
18.5.2023
As Bitcoin mining difficulty hits an unprecedented high, the cryptocurrency's future price trajectory comes into focus.
The rising complexity of mining operations indicates a robust network and heightened interest in Bitcoin.
With mining becoming increasingly challenging, it begs the question:...