Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade Adoption 1 month agoThe bill, which was first...
Mining
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In...
Riot Platforms targets remaining 2 Bitfarms board members’ replacement
Riot Platforms has intensified its efforts to acquire rival Bitcoin miner Bitfarms by issuing an open letter to the firm’s shareholders...
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023....
Solo Bitcoin miner earns $200,000 reward amid growing centralization concerns
A solo Bitcoin miner has independently solved a BTC block to earn a reward of 3.275 BTC, roughly equivalent to...
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity....
What makes DeMi Token the best choice for crypto mining?
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›What makes...
9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay
Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to...
Thailand authorities raid illegal mining operation west of Bangkok
Thailand authorities raided an illegal Bitcoin (BTC) mining operation in Ratchaburi, a town west of Bangkok on Friday, the South...
National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners....
Bitfarms to acquire Stronghold Digital Mining in $175M merger
Bitcoin miner Bitfarms said it has entered into a merger agreement to acquire Stronghold Digital Mining for $125 million in...
Bitfufu Reports 70% Revenue Growth in Q2 2024, Cloud Mining Clients Pay $77 Million
Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing...
Greenidge Generation battles New York agency over Dresden power plant permit
Bitcoin miner Greenidge Generation has filed a lawsuit against the New York Department of Environmental Conservation (DEC) over licensing issues.According...
Bitcoin Miner Bitdeer Unveils $150M Convertible Notes Offering With 8.5% Yield
Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of...
IMF proposes 85% power tax hike on crypto and AI data centers
The International Monetary Fund (IMF) has proposed higher energy taxes to reduce emissions from crypto miners and artificial intelligence (AI)...
Bitfarms Reveals Leadership Changes Amid Ongoing Conflict With Riot Platforms
Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate...
Board changes at Bitfarms amid revenue drop and Riot’s hostile takeover efforts
Bitfarms co-founder and chairman Nicolas Bonta is stepping down from the board immediately amid the ongoing fight against Riot Platforms‘...
From Teraflux to Antminer: Exploring the Top ASIC Bitcoin Mining Rigs on the Market Today
During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash per...
A symbiotic relationship for the digital age
The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist.When the Federal Reserve tampered with...
Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop
On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has...
Core Scientific’s shares soar 18% after additional $2 billion CoreWeave agreement
Bitcoin miner Core Scientific will expand its high-performance computing (HPC) infrastructure by 112 megawatts (MW) to a total of 382...
Historic Drop in Bitcoin Revenue Leaves Miners Struggling
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of...
