Iceland has become the world’s largest hash rate producer per capita. However, environmental concerns are making Iceland’s government turn BTC miners away. On 21 February, Bitcoin [BTC] mining researc...
Tag: Mining
Luxor Mining acquires OrdinalHub amid Bitcoin-based NFTs hype
The January launch of Bitcoin Ordinals created a stir within the crypto community about its place within the Bitcoin ecosystem. Users are debating whether they offer new use cases for Bitcoin or if it...
Bitcoin mining report: Feb. 22
Bitcoin mining stocks were mostly lower on Wednesday. Bitcoin mining stocks tracked by The Block were mostly lower on Wednesday, with three gaining and 15 declining in share price. Bitcoin fell 2.8% t...
Hut 8 CEO shares her views on the 2022 Bitcoin Mining Performance
The last few days of 2022 were choppy for Bitcoin miners due to market volatility and the worst bear markets. Hut 8 CEO Jaime Leverton shared her views on the roller coaster ride the crypto market wen...
Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group – Mining Bitcoin News
Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes the...
Iceland Leads Bitcoin Mining Hash Rate Production Per Capita
The balance of Bitcoin mining around the globe is shifting as new nations emerge as leaders. Iceland has become one of them due to its abundance of renewable energy. Iceland has become one of Europe’s...
Like Mining and Validation, Proving Needs To Be Decentralized
Web3 adoption is hindered by a lack of privacy. We don’t always want our online activity to be public, whether when we interact with a social media app or buy a meal, to say nothing of our sensitive f...
What Is the Best Budget GPU for Mining Crypto in 2023?
The world of cryptocurrency is a gold rush for the digital age, and the race for riches has never been more intense. As the demand for crypto continues to soar, the hunt for the best mining gear is on...
Hut 8 CEO weighs in on the bull and bear markets from a mining perspective
In January 2023, during the World Economic Forum’s (WEF) annual conference in Davos, Switzerland, Jaime Leverton, CEO of Hut 8, a crypto mining entity that trades as a public company, sat down with me...
Bitcoin mining report: Feb. 21
Bitcoin mining stocks tracked by The Block were mostly lower on Tuesday, with three gaining and the other 16 declining. Bitcoin fell 1.4% to $24,451 by market close. Here is a look at how the individu...
Mining crypto: new historic record for Bitcoin
Since Ethereum abandoned Proof-of-Work and switched to Proof-of-Stake, crypto mining is completely dominated by Bitcoin. Besides Bitcoin, now only Dogecoin, Litecoin, Ethereum Classic, Monero, Bitcoin...
Bitcoin Network Difficulty Expected to See Largest Increase of the Year Amid High Hashrate, Shorter Block Times – Mining Bitcoin News
After a small decrease of 0.49% on Feb. 12, 2023, Bitcoin’s network difficulty is expected to experience a significant increase in three days on Feb. 24. Estimates indicate the difficulty could see th...
HIVE Increases Bitcoin Production in First Full Quarter Without Ethereum Mining
Crypto miner HIVE Blockchain increased its Bitcoin production in the final three months of last year, despite the ongoing crypto winter and the end of its Ethereum mining operations. The Vancouver-bas...
Liquidity Mining in 2023: Top Platforms to Consider
Decentralized finance (DeFi) has rapidly gained popularity in recent years, with more and more investors turning to the space to diversify their portfolios and earn passive income. One of the most pop...
BitFuFu Launches Coupon Marketplace For Antminer Mining Rigs
7 hours ago | 2 mins read Bitcoin News Bitmain is the major provider of cryptocurrency mining hardware. $50 million worth of coupons are already circulating, and more will be released. Cloud mining fi...
Environmental analyst says bitcoin mining uses 52% green energy
Environmental sustainability has been a key topic in the ongoing debates over bitcoin (BTC) mining. An analyst now says the industry derives more than half of its energy needs from cleaner and more su...
Over 52.6% of Bitcoin mining now powered by sustainable energy
Ad Amidst the rapid evolution of the high-tech and ever-evolving landscape of Bitcoin mining, an intriguing discovery has emerged from one of the industry’s leading Bitcoin energy researchers. Accordi...
A Guide to the Rapidly Growing Crypto Mining Industry
The global crypto mining industry was valued at $2285.4 million in 2021. That figure is expected to reach $5293.9 million by 2028. The continuous high rising demands for cryptocurrency and increasing ...
Bitcoin Mining Meets Wall Street: An Analysis of Crypto Companies
The NBER released a paper called “Bitcoin Mining Meets Wall Street”. The paper studies 13 crypto companies enlisted in the NASDAQ stock exchange. It details the choice of miners between traditional en...
Litecoin (LTC) Thanks Power Partner Dogecoin (DOGE) as Mining Hashrate Hits ATH
Litecoin has announced on its official Twitter account a new milestone for the network. The mining hashrate, which is the measure of the computational power per second used when mining, has set a new ...
Bitcoin Mining Firm Cleanspark Purchases Mining Rigs Worth $43.6M
2 hours ago | 2 mins read Bitcoin News According to the corporation, it was able to save 25% using discount coupons. The new purchase will add 2.44 EH/s to Cleanspark’s existing 6.6 EH/s of computing ...
Bitcoin mining report: Feb. 17
Bitcoin mining stocks tracked by The Block were mostly higher on Friday, with 11 gaining and seven declining. Bitcoin rose 0.8% to $24,759 by market close. Here is a look at how the individual miners ...
Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs – Mining Bitcoin News
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by add...
Eurasia Mining (EUA) share price is extremely cheap: is it a buy?
Eurasia Mining (LON: EUA) share price has been in a strong bearish trend in the past few months as concerns about the company continued. The stock has been oscillating at 4 pence, where it has been in...
BTC mining stocks surge as Bitcoin breaks $25k
Quick Take So far, 2023 has been a great year for Bitcoin miners as the hash rate and price has surged. As a result, share prices have soared YTD; Iris Energy Limited: 270% Bitfarms Ltd: 170% Hut 8: 1...
Bitcoin mining report: Feb. 16
Bitcoin mining stocks tracked by The Block were mixed on Thursday, with eight gaining and the other 11 declining. Bitcoin rose 1.6% to $24,477 by market close. Here is a look at how the individual min...
Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner – Mining Bitcoin News
Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from...
Top bitcoin mining pools deliberately excluding some transactions
Top bitcoin mining pools, including Foundry USA, Binance Pool, and AntPool, are in one way or another deliberately excluding transactions in their blocks, data from mempool on Feb. 15 shows. Miners ar...