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BTC mining stocks double in a month as production ramps
12.8.2022
While Bitcoin and Ethereum prices may have climbed lately, Bitcoin mining companies have been absolutely pumping
Landfill Gas Mitigation Firm Vespene Energy Secures $4.3M to Bolster Gas-to-Bitcoin Solutions
11.8.2022
On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate...
Blockchain’s environmental impact and how it can be used for carbon removal
10.8.2022
Blockchain technology is on its way to being considered by organizations as a way to reduce carbon emissions and improve the environment
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity
10.8.2022
On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in Washington, Georgia, has 36 megawatts, which is expected to give Cleanspark’s hashrate a...
Australia-based crypto miner doubles hash rate after energizing Canadian rigs
8.8.2022
Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.”
Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July
6.8.2022
Other Bitcoin miners such as Core Scientific, Argo Blockchain and Riot Blockchain have reduced their BTC holdings during the bear market
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
5.8.2022
The mining firm reported it “completely powered-down its Texas data center operations on several occasions” in July to support the state's power grid operator
Antminer S19 XP dropped in a bid to swing crypto miners back into profit
5.8.2022
Phil Harvey said that this type of miner can typically last a minimum of 36 months in a facility operated by their crypto firm Sabre56
Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
5.8.2022
After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million
Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO
5.8.2022
“The sector has been here before and well capitalized and efficient miners will do just fine,” said White Rock CEO Andy Long
Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
4.8.2022
The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022....
Bitcoin Mining Difficulty Cuts the Drop Streak
4.8.2022
After a nearly two-month-long drop streak, Bitcoin (BTC) mining just got a bit more difficult.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, went up 1.74% today, going from 27.69 T to 28.17 T.
The rise follows three consecutive drops, a streak that...
Riot Blockchain's Bitcoin mining productivity dropped 28% YOY amid record Texas heat
3.8.2022
"The company voluntarily curtailed its energy consumption in order to ensure that more power would be available in Texas,” said Riot CEO Jason Les
Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
29.7.2022
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay
Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day
29.7.2022
On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation. The mining facility dubbed “The Bunker,” now has approximately 3.8 exahash per second (EH/s), after...
What happens when 21 million Bitcoin are fully mined? Expert answers
29.7.2022
Mining expert Mohamed El Masri predicts that Bitcoin will be worth around $430,500 when the last coin is minted
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
28.7.2022
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware...
Core Scientific to increase ASIC server capacity by 75 MW
26.7.2022
The Nasdaq-listed Bitcoin miner expects to generate $50 million in annual revenue once the ASIC servers are fully operational
Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners
26.7.2022
Extreme heat won’t stop miners from setting up operations in Texas, but more sustainable practices may be required
The Merge is Ethereum’s chance to take over Bitcoin, researcher says
24.7.2022
Ethereum's imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin