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Tether CTO stays silent on Bitcoin mining locations
27.8.2023
Tether’s chief technology officer, Paolo Ardoino dropped a hint that the operations are based in Latin America, but hesitated to reveal any more details beyond that
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
26.8.2023
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been...
Bitcoin Mining Difficulty Hits New All-Time High of 55.64 Trillion Hashes – Why This is Bullish for the BTC Price
26.8.2023
The Bitcoin mining difficulty, a measure of how difficult it is to mine a block, just hit a new all-time high at 55.62 trillion hashes, as per CoinWarz.
The Bitcoin mining difficulty is automatically adjusted by the protocol once every two weeks, or once 2,016 blocks have been mined, with these...
Dropbox ditches unlimited storage offering, blaming crypto cloud miners
25.8.2023
The storage platform turned to metered storage after discovering its Advanced plan was being used by some for crypto mining and other resource-intensive tasks
The future of BTC mining and the Bitcoin halving
24.8.2023
This week’s episode of Market Talks discusses the future of BTC mining and how miners can maximize profits, as well as the upcoming Bitcoin halving and its impact on the mining industry
Bitcoin Miners Navigate Record Challenges and August’s Dual Difficulty Hike
23.8.2023
Bitcoin miners faced another uphill battle this month, marking the second straight increase in mining difficulty. On August 22, at block height 804,384, the difficulty surged by 6.17%. This fresh peak in Bitcoin’s difficulty sets a new record, intensifying the challenge for miners...
Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens
23.8.2023
Today in Crypto: Bitcoin Mining Difficulty Hits ATH, Unstoppable Domains Launches Unstoppable Messaging Based on Web3 Domains, Binance.US Partners with MoonPay for USD-to-Crypto Conversion, US FBI Identifies 6 Lazarus-Linked Bitcoin Wallets
23.8.2023
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: Bitcoin Mining Difficulty Hits ATH, Unstoppable Domains Launches Unstoppable Messaging Based on Web3...
Bitcoin difficulty jumps 6% to new peak as miners ignore BTC price dip
23.8.2023
BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see
Against All Odds: Solo Miner Claims $160,000 Bitcoin Block Reward – Here's What Happened
22.8.2023
On August 18, an unexpected event in the Bitcoin mining space took everyone by surprise. A lone miner, not backed by massive computational power, claimed the full reward of 6.25 Bitcoin for solving block 803,821.
In simple terms, the miner earned about $160,000, minus a 2% fee retained by...
Oman Flags Off New Crypto Mining Facility With Expansion Plans As The Country Bets On Blockchain
22.8.2023
Oman has launched a new digital asset mining facility, the second flagged off within months as it seeks to diversify the economy away from oil exports.
The Middle Eastern country has flagged off the faculty which cost about 135 million Omani rials approximately $150 million and would be operated...
Chinese official sentenced to life in prison for Bitcoin mining, corruption
22.8.2023
Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise
Oman launches $370-million crypto mining center: Report
22.8.2023
The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, mainly dependent on oil export
Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate
22.8.2023
According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3 Antminers would be available soon. As Kaspa’s...
Renewable energy Bitcoin mining company powers up in Sweden
21.8.2023
Bitcoin mining lands another green energy data center as global powerhouse GDA sets up shop in Sweden
Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan
21.8.2023
Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said
Mining Bitcoin on Household Electricity Most Profitable in Asia, Study Finds
21.8.2023
Despite significant variations in electricity rates and regulations, the Asian region as a whole has the lowest average cost of bitcoin mining for solo miners, new research shows. At the same time, the surge of energy prices due to Covid, heatwaves, and the war in Ukraine render bitcoin mining...
Gryphon Digital seeks court dismissal of Sphere 3D's lawsuit
20.8.2023
Gryphon Digital is requesting dismissal from a suit filed by its former partner Sphere 3D over a scam-related Bitcoin transfer. According to Gryphon, the incident was caused by Sphere's security failures
Kiyosaki: Buy Silver Before It’s Gone; Michael Burry Bets Against Stocks — Week in Review
20.8.2023
Rich Dad Poor Dad author Robert Kiyosaki urges buying silver before it’s gone, hedge fund manager Michael Burry has bet $1.6 billion on the stock market collapsing, and mining rig manufacturer Bitmain is set to reveal a cutting-edge BTC miner at the 2023 World Digital Mining Summit. This...
Canaan Cuts Bitcoin Mining Power by 2 EH/s Amid US, Kazakhstan Challenges
20.8.2023
Canaan, a leading high-performance computing firm and mining rig producer, recently disclosed hurdles set to dent its bitcoin mining activities and revenue from Q3 2023 onward. These setbacks primarily stem from diminished operational hours of their mining devices. This revelation comes hot on...