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Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction
23.6.2022
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35%...
Bitcoin miners sold their entire May harvest: report
22.6.2022
Bitcoin miners are finding it extremely hard to continue their operation as the cost of production has exceeded the profit
Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts
21.6.2022
“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas
Iranian government to cut power supply for the country's legal crypto mining rigs
20.6.2022
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable
Marathon Digital keeps on mining despite BTC price slump
20.6.2022
Earlier this month, Marathon said it has been accumulating or “hodling” its Bitcoin since October 2020. As of June 1, 2022, the firm held approximately 9,941 BTC
From games to piggy banks: Educating the Bitcoin ‘minors’ of the future
19.6.2022
The tools, toys and games available to teach kids about sound money and the Bitcoin network — after all, they’re the ones who will use it
Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction
18.6.2022
Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will in return develop the digital infrastructure at the oil producer’s wells in Russia. Crypto Mining...
Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower
18.6.2022
While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a slight rebound following the drop. With the price...
US lawmakers urge EPA to consider the potential benefits of crypto mining
17.6.2022
“Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group of 14 lawmakers
Russia seems to be preparing to mine Bitcoin with flare gas
17.6.2022
One of the world's largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining
Resistance is futile! 3 reasons why Bitcoin mining will never go away
16.6.2022
Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done
'The Reckoning' & 'The Best Time' to Enter Bitcoin Mining as Firms Diversify Amid Bear Market
16.6.2022
Some Bitcoin (BTC) and crypto miners are working to diversify their operations amid the bear market, trying to gain revenue streams unrelated to mining. At the same time, the current market reveals “who has been conservative and who has been ‘apeing’ in,” panelists at a mining discussion...
Kazakhstan to let crypto exchanges open bank accounts
16.6.2022
Exchange platforms will get an opportunity to operate legally in Astana international finance center in 2022
The crypto industry must do more to promote encryption, says Meltem Demirors
15.6.2022
Meltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations
Bitcoin miners' exchange flow reaches 7-month high as BTC price tanks below $21K
15.6.2022
Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020
Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving
14.6.2022
After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low of 182 exahash per second (EH/s). While bitcoin’s USD value remains under the $23K zone, Bitcoin’s hashrate has managed to climb back above the...
Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
14.6.2022
Despite crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets
Old Bitcoin mining rigs risk 'shutdown' after BTC price slips under $24K
13.6.2022
New generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%
Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second
11.6.2022
While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on Wednesday. On the same day, at block height 739,928, Bitcoin’s hashrate tapped an all-time high (ATH) reaching 292.02 exahash per second (EH/s)....
Here’s how blockchains are helping to advance the global energy grid
10.6.2022
Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector