22 / 37 Relevant items tagged with #BitcoinMining
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Jack Dorsey Backed Bitcoin Mining Pool Ocean Acknowledges Filtering Ordinal Inscriptions
[Dec 1, 2023 5:00 PM] Ocean, a Bitcoin mining pool that recently raised $6.2 million in a seed funding round led by former Twitter (now known as X) CEO Jack Dorsey, is currently filtering ordinal inscription transactions. Giacomo Zucco, a bitcoiner, confirmed that Ocean…
Antpool Surpasses Foundry in Hashrate Battle, Claiming Top Spot in November’s Bitcoin Mining Race
[Dec 1, 2023 1:00 PM] Over the past year, the mining pool titan Foundry USA has consistently led the network in terms of hashrate. However, this month, the bitcoin mining operation Antpool has edged ahead of Foundry, albeit marginally, in hashrate rankings. In November…
Hut8 Mining operates as US-domiciled entity following USBTC merger
[Dec 1, 2023 5:08 AM] Amid the delisting and relisting process, Hut8 shareholders received one New Hut common stock for every Hut 8 share held, an official announcement confirmed.
Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift
[Dec 1, 2023 2:47 AM] Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on.
Iris Energy Acquires 7,000 Next-Gen T21 Bitcoin Miners in Deal With Bitmain
Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic
[Nov 30, 2023 2:03 PM] The findings have an echo of De Vries' previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining.
Empty Accounts Discovered As Celsius Allows Crypto Withdrawals For Eligible Users
[Nov 29, 2023 7:30 PM] In a recent announcement, bankrupt crypto lender Celsius has initiated additional withdrawals for certain eligible custody users. However, it’s important to note that only specific custody assets are currently available for withdrawal, while…
Estonian court nixes extradition of accused crypto scammers to US
[Nov 29, 2023 2:20 PM] Ivan Turogin and Sergei Potapenko are suspected in a $575 million fraud case, but they can’t be exposed to U.S. detention conditions.
Jack Dorsey Aims to Create Anti-Censorship Bitcoin Mining Pool With New Startup
[Nov 29, 2023 11:39 AM] The startup said it created "only non-custodial" mining pool where miners get the new bitcoin block reward for mining directly from the network.
Jack Dorsey wants to decentralize Bitcoin mining with new investment
[Nov 29, 2023 7:02 AM] Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin.
Study Reveals Bitcoin Mining as a Catalyst for Renewable Energy Growth and Flexible Load Systems
[Nov 28, 2023 2:30 PM] A recently published working paper, collaboratively authored by industry experts, examines the critical influence of bitcoin mining in promoting worldwide clean energy efforts and stabilizing electricity grids. This paper probes into the utility of…
Livestream: Bitcoin Mining Changes Forever
[Nov 28, 2023 7:00 AM] Mining has become a heavily centralized industry, not necessarily due to the ownership of actual mining hardware being concentrated, but because of the central dependency on large mining pools to actually coordinate with other miners. This presents…
Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper
[Nov 27, 2023 11:23 PM] A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.
Crypto miner Hive expands data center operations in Sweden
[Nov 27, 2023 4:05 AM] Hive Digital Technologies has acquired land and a data center to expand its operations in Sweden, house the incoming generation of ASIC servers and increase Bitcoin production.
Bitcoin Mining Difficulty Hits New Record High With 5% Rise
[Nov 26, 2023 1:00 PM] The Bitcoin mining difficulty has witnessed another increase in 2023, bringing the metric to a new all-time high. The Bitcoin “difficulty” is a vital aspect of the network that controls the rate at which new blocks are added to the blockchain at a…
Bitcoin Mining Pool F2pool Acknowledges OFAC Transaction Censorship; Backpedals After Community Backlash
[Nov 24, 2023 1:00 AM] F2Pool, a Bitcoin mining pool, has admitted to filtering transactions coming from Bitcoin addresses flagged by the Office of Foreign Assets Control (OFAC). After the situation was discovered by 0xB10C, a Bitcoin developer, F2pool co-founder Chun…
Bitcoin's Anti-Censorship Ethos Surfaces After Mining Pool F2Pool Acknowledges 'Filter'
[Nov 22, 2023 2:06 PM] After a blockchain sleuth reported that the Bitcoin mining pool may have censored a transaction from an address blacklisted by U.S. authorities, critics responded, and so did the project's co-founder.
Analysis Claims Discovery of Selective Transaction Filtering in Bitcoin Mining Pools
[Nov 21, 2023 4:30 PM] A recent analysis by 0xB10C, a developer and onchain analyst, has uncovered intriguing findings in the Bitcoin network. The study, which focuses on the mining pools’ transaction selection processes, revealed that certain transactions from…
Are Mining Pools Becoming A Problem?
[Nov 21, 2023 12:30 PM] Bitcoin miners provide a valuable service to the ecosystem. In exchange for the work they do securing the network, they are rewarded by the same network they protect. This sound and elegant design by Satoshi is surely one of the most remarkable…
Report: Bitcoin Mining Project Initiates Construction of Hydro-Powered Facility in Nigeria
[Nov 21, 2023 6:30 AM] A Nigerian startup named Trojan Mining is constructing a hydro-powered facility dedicated to bitcoin (BTC) mining in the African country, according to a recent report. Over the weekend, Trojan unveiled the creation of its mining container, locally…
Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan
[Nov 21, 2023 1:55 AM] Crypto lender Celsius will transition to a new company that focuses only on Bitcoin mining, a shift from an earlier reorganization plan that included a focus on staking too.
Luxor Starts New Business to Make Shipping of Bitcoin Mining Rigs Faster
[Nov 20, 2023 8:00 AM] The bitcoin mining services firm has previously shipped over $245 million worth of equipment to more than 30 countries.
CZ Reveals Client Execs Kidnapped, Hive Increases Mining Power, Blackrock on ETH ETFs — Week in Review
[Nov 19, 2023 8:00 AM] Changpeng Zhao, the CEO of leading crypto exchange Binance, recently revealed that executives of a Binance client were kidnapped and shaken down for their crypto holdings. In other news, Vancouver-Based Hive Digital has increased its mining power…
Greenidge Generation Settles Debt and Sells SC Bitcoin Mining Site to NYDIG
[Nov 19, 2023 5:00 AM] Greenidge Generation Holdings has successfully wiped out $21.8 million in secured debt and divested its South Carolina bitcoin mining facility to NYDIG. The firm detailed that the move enhances Greenidge’s financial stability and liquidity…
Tether Charts Strategic Course in Bitcoin Mining, Plans $500 Million Infusion
[Nov 16, 2023 4:00 PM] Tether Holdings Ltd., the issuer of the leading stablecoin in terms of market value and trade volume, is poised to become a formidable player in the mining industry, as revealed by its CEO, Paolo Ardoino. On Thursday, Ardoino announced the…
Critics Alarmed as 2 Major Mining Pools Dominate Over 50% of Bitcoin Hashrate
Tether plans major expansion into BTC mining with $500M investment: Report
[Nov 16, 2023 1:00 PM] Tether has ambitions to reach 1% of BTC mining computing power under new CEO Paolo Ardoino. New facilities in South America will be part of the push.
Auradine Unveils New Teraflux Miners Setting New Efficiency Benchmarks in Bitcoin Mining Industry
[Nov 15, 2023 4:30 AM] While several leading mining rig manufacturers have introduced more efficient bitcoin miners measured in joules per terahash (J/T), Auradine, based in California, has announced the debut of its Teraflux AT2880 and AI3680 bitcoin miners. These new…
Bitcoin miners earned $44M in a day to record annual all-time high
[Nov 13, 2023 3:50 AM] 2023 saw an overall trend reversal as crypto entrepreneurs took charge of the situation and helped regain investor confidence.