Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW
Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this...
Mining
Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea
Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin...
Putin Reveals Over 85% of CIS Trade Now in National Currencies
Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now...
Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure...
Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings
In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot...
Russian Bitcoin Mining Industry Could Surpass the U.S. in 2 Years
Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the...
MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC
MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding...
September Slump: Bitcoin Miners See 2024’s Lowest Revenue
According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest...
Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month
Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days....
Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages
Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the...
US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant
According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate...
Bitcoin Miners Riot and Bitfarms Reach Settlement Ahead of Shareholder Meeting
Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23,...
BTC Miners Increase Earnings With Fractal Bitcoin Mining
According to the latest data, the blockchain network Fractal Bitcoin continues to capture around 226 exahash per second (EH/s) of...
The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles
Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second...
Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860...
860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner
Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch...
Bitcoin’s Computational Power Falls 9.95% After Record Hashrate
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw...
Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities
Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected...
Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch
Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35%...
Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023
During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world...
Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy
According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co....
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s...
