Bitcoin Mining

62 articles

Crypto News1 years ago
Austin Mwendia
By Austin Mwendia12/10/2024
Highlights: Bitmain has launched a production line in the United States to reduce delays and boost service for North American miners. US Customs delays have disrupted Bitcoin mining with months-long equipment holds and storage costs. Bitmain has denied links to […]
Crypto News1 years ago
Austin Mwendia
By Austin Mwendia12/9/2024
Highlights: Riot has announced a private offering of $500M convertible notes due in 2030. The total operating hashrate of the company has risen to 25.8 exahashes per second. Riot has accumulated 11425 Bitcoins after mining 495 Bitcoins in November. Riot […]
Crypto News1 years ago
Austin Mwendia
By Austin Mwendia12/2/2024
Highlights: MARA aims to raise $700 million through convertible senior notes to buy more bitcoins. The company held 34,959 BTC valued at $ 3.3 billion for Bitcoin in November. MARA experienced a 26% boost in the amount of Bitcoin mined […]
Crypto News1 years ago
Syed Ali Haider
By Syed Ali Haider11/29/2024
Highlights: Swiss Canton Bern passes legislation to explore Bitcoin mining for energy and grid stabilization. Despite the opposition of the Government Council, the motion secured strong support, passing 85 to 46. The proposal highlights Bitcoin’s fixed supply cap, making it […]
Crypto News1 years ago
Austin Mwendia
By Austin Mwendia11/25/2024
Highlights: El Salvador plans to use volcanoes for Bitcoin mining through geothermal energy for sustainable operations. Tokenized U.S. Treasuries in El Salvador offer accessible investments through blockchain-based treasury bills. Geothermal energy and blockchain innovation position El Salvador as a leader […]
Crypto News1 years ago
Raymond Munene
By Raymond Munene11/18/2024
Highlights: Users can earn Fractal Bitcoin rewards when mining with Binance Pool’s merged mining, which boosts mining opportunities. The requirements of merged mining include a verified Binance account and an external wallet for Fractal Bitcoin rewards. Based on Bitcoin’s sidechain, […]
Crypto News1 years ago
Austin Mwendia
By Austin Mwendia11/8/2024
Highlights: Block is shifting its focus to Bitcoin mining while cutting investments in Tidal and Web5. Galaxy Digital eyes AI expansion to boost revenue as Bitcoin mining faces rising costs and competition. Block and Galaxy adapt, balancing crypto mining with […]
Crypto News1 years ago
Austin Mwendia
By Austin Mwendia11/5/2024
Highlights: Bitcoin mining difficulty reaches a record high adding challenges for smaller miners to stay profitable in a highly competitive market. Election Day uncertainty triggers Bitcoin ETF outflows as cautious investors step back amid volatile market conditions. Rising mining costs […]
Crypto News1 years ago
Austin Mwendia
By Austin Mwendia11/5/2024
Highlights: Marathon and Riot produced record Bitcoin in October thanks to higher hashrates and new tech upgrades. Higher transaction fees in October helped Marathon earn an extra $400k in Bitcoin. Banning Bitcoin mining may raise emissions if miners move to […]
Crypto News1 years ago
Austin Mwendia
By Austin Mwendia10/24/2024
Highlights: TeraWulf’s $350M notes aim to fund stock buybacks and corporate expenses, boosting investor confidence. Bitcoin mining difficulty hits 95.7T, increasing operational costs and pressuring small miners’ profitability. TeraWulf expands the Lake Mariner facility with a new 35-year lease, focusing […]
Crypto News1 years ago
Austin Mwendia
By Austin Mwendia10/8/2024
Highlights: Granbury residents sue Marathon Digital, citing unbearable noise from its Bitcoin mining facility. Health issues, sleepless nights, and declining property values drive lawsuit against Marathon Digital. Despite a legal battle, Marathon Digital continues expansion with a $249M Bitcoin purchase […]
Crypto News1 years ago
Austin Mwendia
By Austin Mwendia10/7/2024
Highlights: CleanSpark’s hashrate hit 28.7 EH/s, showing 187% growth year-over-year post-Hurricane Helene disruptions. The firm aims for 50 EH/s by 2025, driven by new acquisitions in Mississippi and Wyoming to boost capacity. In September 2024, CleanSpark mined 493 Bitcoin and […]