[Sep 5 4:30 PM] Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity costs following the company’s transition…
[Sep 4 9:50 PM] According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.
[Sep 3 6:57 PM] Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion.
[Sep 3 1:50 PM] Researchers Murray A. Rudd, Matthew Jones, Daniel Sechrest, Daniel Batten, and Dennis Porter have unveiled a new study showcasing a cutting-edge framework that fuses landfill gas-to-energy (LFGTE) systems with bitcoin mining. This innovative…
[Sep 3 10:13 AM] The Bitcoin network hash rate reached a new all-time high on September 3rd, surpassing 740 exahashes per second (EH/s). This comes even as Bitcoin prices trade below $60,000.JUST IN: #Bitcoin's hash rate hit a new ALL TIME HIGH …
[Sep 1 4:20 PM] Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop…
[Aug 29 11:32 PM] The slashing of the Bitcoin block subsidy from 6.25 Bitcoin to 3.125 during the April 2024 halving has placed financial pressure on miners.
[Aug 29 9:30 PM] This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this location is ideal for high-performance computing (HPC)…
[Aug 29 6:30 PM] Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30 EH/s by the end of 2024. Iris Energy…
[Aug 29 1:01 PM] Genesis Digital Assets (GDA), one of the world's largest Bitcoin mining companies, has announced plans to expand its recently launched Texas data centre to 400 megawatts. The ambitious phase two scaling highlights GDA's commitment to Texas as a…
[Aug 28 9:15 PM] This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your copy. It is also report #1 of the "FUD Fighters" series powered by HIVE Digital Technologies LTD.F%$K Bad Research: I spent over a month analyzing a bitcoi
[Aug 27 4:10 PM] Marathon Digital, the largest publicly traded miner, is buying bitcoin in the open market, despite acquiring the digital assets at a discount via mining.
[Aug 26 5:55 PM] Rhodium’s debts range between $50 million and $100 million, while its total assets are estimated between $100 million and $500 million.
[Aug 26 5:30 AM] Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the…
[Aug 25 1:16 PM] Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
[Aug 23 10:30 AM] With each new Bitcoin purchase, the country’s financial future becomes increasingly tied to the fortunes of an unpredictable crypto market.
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