Core Scientific Set to Boost Texas Mining Facility by 72 MW Ahead of Bitcoin Halving
With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining...
Mining
Not everyone can continue to mine…
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Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake
A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2...
Paraguayan Senate Supports Selling Power to Crypto Mining Companies, Criticizes Subpar Energy Agreements With Brazil
The Paraguayan Senate has approved a resolution supporting selling the country’s energy surplus to crypto mining companies, given the price...
Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving
Following the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash...
that was a lot of work but also got sick doing it
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A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which...
Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer
Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to...
Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production
On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series...
I am speechless
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Paraguayan Lawmakers Introduce Bill to Temporarily Pull the Plug on Bitcoin Mining Operations
A group of Paraguayan lawmakers is spearheading a bill that seeks to enact a temporary ban on cryptocurrency mining operations...
Bitcoin’s Path to Halving — Anticipated Increase in Difficulty Sets Stage
Based on current metrics, the Bitcoin blockchain is set to undergo another difficulty adjustment before the halving, with an anticipated...
How are mining profits now? June 2022
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Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant
Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving,...
Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production
According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1...
Iceland’s Prime Minister Vows to Prioritize Food Security Over Bitcoin
Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure...
THE WALL OF OCTOMINERS
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Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs
On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from...
Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency Mining
The Government of Paraguay will strengthen the measures directed to combat the illegal cryptocurrency mining operations in the country. In...
Bitcoin Miners’ Earnings Hit Record $2 Billion in March Ahead of Halving Event
In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high...
Marathon Introduces Custom Firmware and Control Board for Enhanced Bitcoin Mining Operations
This week, the publicly traded mining company Marathon Digital Holdings unveiled new firmware and a control board designed to enhance...
