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China’s BTC Digital Bolsters Bitcoin Mining Capability with 220 Units – Crypto Mining Making a Comeback?
6.11.2023
BTC Digital, a Chinese Bitcoin mining firm with operations in the US, has announced the purchase of 220 Bitmain Antminer S19j Pro Bitcoin mining machines, bolstering its Bitcoin mining capabilities. According to an announcement from the firm, the machines, which are set to be delivered...
Bitcoin Mining Profitability Soars as 2023 Nears End: Daily Earnings Hit New Highs
6.11.2023
As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily earnings for every petahash per second (PH/s) as of November 5. A mining device capable of 200 terahash per second (TH/s) with electricity expenses at $0.07...
Today in Crypto: US Treasury Sanctions Crypto-Using Russian Money Launderer, Northern Data Expects Loss and May List Cloud Unit
6.11.2023
Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Crime news The US Department of Treasury sanctioned Ekaterina Zhdanova, an alleged Russian money launderer who reportedly helped...
Is Bitcoin SV Going to Zero? BSV Price Sinks 5% as Attention Switches to This Other Bitcoin Project
6.11.2023
Leading Bitcoin hard-fork project Bitcoin SV (BSV) has sunk -5% amid a shift in attention for Bitcoin alternatives towards an emerging Bitcoin cloud mining presale. The tumble in price action comes as Bitcoin SV enters retracement from an impressive +74% ‘Uptober’ rally triggered...
Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0
6.11.2023
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed
Barefoot Mining CEO Projects a 52.5% Cut in Bitcoin Rewards Post-Halving
5.11.2023
This weekend’s figures indicate that bitcoin miners are nearing a critical threshold, with fewer than 25,000 blocks remaining before the anticipated halving event. Once this milestone is reached, bitcoin miners’ rewards for each block, excluding transaction fees, will decrease...
Mismatch Between the Demand and Supply of GPUs Stifling AI Innovation — Tory Green
4.11.2023
The mismatch between the demand and supply of graphics processing units (GPUs) is potentially stifling artificial intelligence (AI) innovation, Tory Green, the COO of the decentralized GPU cloud service provider io.net, has said. According to the COO, this mismatch stems from the fact manufacturers...
Bitcoin Mining Revenue Soared in October, Securing Second-Highest Monthly Earnings of 2023
4.11.2023
In October, the landscape of bitcoin mining revenue brightened, climbing by $131.45 million over September’s figures. Last month’s surge in BTC prices significantly bolstered revenues, although there was a slight dip in the earnings from fees, which saw a $5.44 million decrease from...
Best Crypto to Buy Now November 3 – TWT, APE, ADA
3.11.2023
Trust Wallet Token (TWT) , ApeCoin (APE), Cardano (ADA), Bitcoin Minetrix (BTCMTX), and Meme Kombat  (MK) are being closely watched by analysts as the potential best crypto to buy now, given the ongoing uncertain cryptocurrency market activity. Trust Wallet Token (TWT) has seen its price surge...
English school turned BTC miner in China expands capacity with 220 new units
3.11.2023
BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee
Argentina Presidential Candidate Proposes Mining Bitcoin With Residual Natural Gas, Faces Skepticism
3.11.2023
Argentina’s presidential hopeful Sergio Massa unveiled plans to utilize excess natural gas from the Vaca Muerta oil fields to mine Bitcoin. However, following his proposal, the local crypto community opposed the government’s direct involvement in Bitcoin (BTC) mining. In late October...
Today in Crypto: ‘End of NFT Winter is Not Yet Visible’, Tattoos Come With Digital Twins, NEAR Partners with Berklee College of Music
3.11.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ NFT news Blockchain data analytics platform Nansen‘s analyst Sandra Leow found that “based on our study, the...
Marathon Digital and Nodal Power Unveil Methane-Fueled Bitcoin Mining Pilot in Utah
3.11.2023
On Thursday, Marathon Digital, a publicly traded bitcoin mining company, announced its partnership with Nodal Power, revealing plans to initiate an innovative 280-kilowatt (kW) bitcoin mining pilot project in Utah. The project harnesses biogas, specifically methane from a landfill, to fuel...
Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K
2.11.2023
Bitcoin [BTC] mining stocks soared Thursday amid stable bitcoin price near its 17-month highs and bullish equity markets
Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project
2.11.2023
The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement
Best Crypto to Buy Now November 2 – Aave, Solana, The Sandbox
2.11.2023
With Bitcoin still trying to surmount the $35,000 level, analysts have flagged Aave (AAVE),  Solana (SOL), The Sandbox (SAND), Bitcoin Minetrix (BTCMTX), and Meme Kombat (MK) as some of the best crypto to buy now as the broader crypto market continues to trend upwards. AAVE stalled after...
Marathon Digital Starts Methane Gas-powered BTC Mining Project
2.11.2023
Marathon Digital , a BTC mining company, has launched a pilot mining initiative in Utah, leveraging methane gas produced from landfill waste to generate the power needed for their mining operations. The company announced on Thursday in a press release that it had entered into an agreement with...
Bitcoin Miner Marathon Tests BTC Mining With Methane Gas From Waste Landfill
2.11.2023
The 280 Kilowatt (kW) pilot project in Utah is already operational
Tether issues $610M debt financing to Bitcoin miner Northern Data
2.11.2023
In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives
Northern Data Secures $610 Million Debt Financing from Tether as New ASIC Technology Makes Mining Profitable Again
2.11.2023
Northern Data AG, Europe’s largest Bitcoin mining company, has secured a debt financing facility of around $610 million from a company within the Tether Group amid advancements in ASIC technology that have made mining profitable again. The loan agreement, which has a term until January...