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Putin: Russia Is a Bitcoin Mining Leader, 54K BTC Mined in 2023
10.9.2024
At a recent event, President Vladimir Putin stated that Russia had become one of the world leaders in…
Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023
10.9.2024
During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like Siberia, but also warned that these activities...
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...
Japan Based Agile Energy X Considers ‘Green’ Bitcoin Mining
9.9.2024
Japan-based Agile Energy X is reportedly considering ‘green’ Bitcoin mining to save wasted renewable energy. Founded in 2022,…
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...
Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining
6.9.2024
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in certain areas, this power can be supplied to legal and registered energy miners operating outside...
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
6.9.2024
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs
Fractal Bitcoin: good or bad for mining revenues?
5.9.2024
August 2024 represented the worst month for Bitcoin mining revenue since September 2023, with $827.56 million in fees generated
Bitcoin Miner Iris Energy Increases Mining Output by 10%
5.9.2024
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition to spot pricing. Iris Energy’s Bitcoin Mining...
Blockstream Mining Starts Third Investment Round for Hashrate-Backed Tokenized Note
5.9.2024
The EU-compliant security token gives investors exposure to the hashrate over a four year period
Converting mining sites to AI data centers isn't seamless: Sabre56 CEO
4.9.2024
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle
US regulator again delays decision on eco-friendly Bitcoin ETF
4.9.2024
The carbon-offset Bitcoin ETF has been waiting on regulators since December 2023
US regulator again delays decision on eco-friendly Bitcoin ETF
4.9.2024
The carbon-offset Bitcoin ETF has been waiting on regulators since December 2023
Bitfarms responds to Riot Platforms’ proposed board changes
4.9.2024
Riot Platforms called the recent board changes at Bitfarms a “step in the right direction,” but stressed that more change is needed
Bitfarms responds to Riot Platforms’ proposed board changes
4.9.2024
Riot Platforms called the recent board changes at Bitfarms a “step in the right direction,” but stressed that more change is needed
CleanSpark Releases August 2024 Bitcoin Mining Update
4.9.2024
CleanSpark published its Bitcoin mining report in August 2024. Although the audit has not yet taken place, the…
Bitcoin Mining Profitability Is Stuck at Record Lows, JPMorgan Says
4.9.2024
Miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record, the report said
Bitcoin network hashrate reaches new all-time high
3.9.2024
Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion