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Bitcoin Mining Network Hits New Record Hash Rate Above 300 EH/s


According to Bitcoin mining data tracking website MiningPoolStats, Bitcoin’s hash rate hit a new record high earlier this week. According to the website, the network reached the milestone of computing three hundred quintillion (300,000,000,000,000,000,000) hashes per second (300 EH/s).... Read...

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%


Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power...

Blockstream Secures $125 Million in Funding for Bitcoin Mining Operations


Digital asset infrastructure firm Blockstream has secured $125 million in funding aimed at expanding its bitcoin mining facilities.  Blockstream has received the funding in convertible note and secured loan financing, the company announced in a Tuesday press release, adding that it plans to...

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