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Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says
16.9.2024
Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality
15.9.2024
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise...
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
15.9.2024
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
15.9.2024
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD
Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
14.9.2024
According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024.
Miner Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
14.9.2024
Bitfarms said the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay, sometime in December 2024.
Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities
11.9.2024
Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected to boost the company’s current mining capacity by 5 exahash per second (EH/s) by 2024, representing a 22% increase in its operational hashrate. Cleanspark...
CleanSpark acquires 7 mining sites in Tennessee, hashrate to grow 22%
11.9.2024
CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure's facilities there
Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says
11.9.2024
September could be another difficult month for the miners as bitcoin remains below $60K and the network hashrate continues to rise, the report said
Bitcoin miner solves block alone, grabs $180,000 reward
11.9.2024
A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain
State Street, Galaxy launch 3 new crypto ETFs
10.9.2024
The funds aim to capitalize on Web3 by tracking a mix of stocks, spot cryptocurrencies, and futures
Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
10.9.2024
A solo bitcoin {{BTC}} miner beat a swathe of powerful mining pools to receive a $181,000 reward after mining block 860749 on Tuesday
Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein
10.9.2024
The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong data center talent, the report said
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...