Search
Bitcoin Hits Historic 61 Trillion Difficulty, Hashrate Defies Odds Amidst 2023’s Steepest Climbs
17.10.2023
On October 16, 2023, Bitcoin’s difficulty impressively crossed the 61 trillion mark at block height 812,448, setting a fresh benchmark for the network. This ascent marked the fourth-largest rise in difficulty for the year. Yet, in the face of this increase, the hashrate has steadily...
Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill
17.10.2023
The state's Environmental Resources and Energy Committee accepted the amended bill on Monday by a slim margin
Pennsylvania House Representative to Remove Crypto Mining Ban from Energy Regulation Bill
17.10.2023
A Pennsylvania House Representative has decided to eliminate a proposed two-year ban on crypto mining from a bill aimed at regulating the sector's energy consumption.
In a Monday filing, the Pennsylvania House Environmental Resources and Energy Committee approved the Cryptocurrency Energy...
Pennsylvania crypto mining permit halt cut from bill after union pressure
17.10.2023
The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee
Mining BTC is harder than ever — 5 things to know in Bitcoin this week
16.10.2023
Bitcoin wakes up to near $28,000 ahead of a jump to a new BTC mining difficulty record as billionaire investor Ray Dalio conjures the chilling thought of "World War III."
Bitcoin’s Hashrate Skyrockets: On Track to Hit Half a Zettahash Milestone by Year’s End
15.10.2023
Bitcoin’s hashrate, a key indicator of its computational power, shattered previous records on October 12, 2023. As measured by a seven-day simple moving average (SMA), it has surged to an impressive 455 exahash per second (EH/s). To put that into perspective, the hashrate was hovering around...
US authorities monitor China-linked Bitcoin miners amid national security concerns: Report
13.10.2023
A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials
Bitcoin mining without mining equipment, CGMD miner opens contract trading
13.10.2023
CGMD miner is a revolutionary Bitcoin cloud mining project that started in 2020. Recently, it achieved a major milestone in the course of its cloud mining project by raising $50 million from interested investors. There is no sign that the project will rest on its laurels. The entire concept assumes...
Today in Crypto: Trezor Launches New Wallet, Seed Phrase Store & Limited-edition Trezor Safe 3, COZ and AxLabs' ITEM Systems Focuses on Non-fungible Items (NFIs)
12.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Trezor Launches New Wallet, Seed Phrase Store & Limited-edition Trezor Safe 3, COZ and AxLabs' ITEM...
Cleanspark Acquires 4.4 EH/s of Bitmain’s New S21 Antminers; Readies for Bitcoin Reward Halving
12.10.2023
In a disclosure on Wednesday, bitcoin mining entity Cleanspark has reserved 4.4 exahash per second (EH/s) of Bitmain’s latest S21 Antminers. The mining company, recognized on the public market, detailed that the consignment is valued at approximately $61.6 million, translating to $14 for each...
Bitcoin Minetrix approaches $1 million milestone as investors rush to high APY and cloud mining ahead of price increase – Just 5 days to go
11.10.2023
Bitcoin Minetrix ($BTCMTX) is approaching the $1 million milestone as investors rush to its high APY returns. The project intends to revolutionize the cloud mining sector to remove prevalent scams in the industry, making it completely transparent. Investors are rushing to get positioned into...
Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says
11.10.2023
The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining
Bitmain Halts Employee Salaries Amid Financial Woes, Report
11.10.2023
Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move comes along with information suggesting that the crypto giant is experiencing financial difficulties with poor results from its operations. Antminer Maker...
Bitcoin Miner Hut 8 Halts BTC Sales, Remain Bullish on Price Ahead of Halving
11.10.2023
Bitcoin (BTC) miner Hut 8 produced 111 BTC in September without any sales to fund its operations as it prepares for the next halving.
The firm released its mining and production update for September with its capacity, growth, added investment, and partnerships.
Per the release, the miner holds...
Iris Energy Boosts Mining Capacity With $19.6M Acquisition of Bitmain’s S21 Antminers
11.10.2023
The Nasdaq-listed bitcoin mining company Iris Energy has announced its acquisition of 1.4 exahash per second (EH/s) of Bitmain’s latest S21 Antminers. This acquisition will increase the company’s self-mining capacity by 25%, from 5.6 EH/s to 7 EH/s. Nasdaq-Listed Iris Energy Bolsters...
Bitmain Addresses Cash Flow Woes, Pays Delayed September Salaries
10.10.2023
China-based Bitcoin (BTC) mining machine manufacturer Bitmain has resolved a recent salary delay issue by finally paying its employees for the month of September.
This move comes after Bitmain issued an internal notice on October 3, informing its staff of the delay in salary payments for that...
Bitcoin’s Hashrate Hits Record High Amid Upcoming Reward Halving and Market Challenges
10.10.2023
A week ago, at block height 810,432, Bitcoin miners dealt with a 0.35% rise in difficulty. Yet, on October 8, the Bitcoin hashrate soared to a new record. According to the seven-day simple moving average (SMA), it touched an impressive 440 exahash per second (EH/s). Notably, less than 200 days...
Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger
10.10.2023
According to Hut 8 CEO Jaime Leverton, the new merged mining business will have “highly diversified fiat revenue streams.”
Today in Crypto: Avant Arte & Yuga Labs Set to Bring 10,000 CryptoPunks Into the Physical Realm, Pfizer-backed VitaDAO Launches Biotech Firm for Longevity Experiments on Animals
9.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Avant Arte & Yuga Labs Set to Bring 10,000 CryptoPunks Into the Physical Realm, Pfizer-backed VitaDAO...
Crypto Prices Sag But Bitcoin Minetrix Raises $820,000 for Secure Bitcoin Cloud Mining, While Risky Competitor Coin Fails DEXTools Audit
9.10.2023
Much-talked-about Bitcoin cloud-mining project Bitcoin Minetrix ($BTCMTX) has raised more than $822,000 from investors in a week as it sets out to revolutionize the industry by tokenizing Bitcoin cloud mining.
It looks like this carefully thought-through project and its innovative use case...