Bitcoin Miner Marathon Tests BTC Mining With Methane Gas From Waste Landfill
[Nov 2, 2023 7:00 AM] The 280 Kilowatt (kW) pilot project in Utah is already operational.
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Tether issues $610M debt financing to Bitcoin miner Northern Data
[Nov 2, 2023 3:22 AM] In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives.
The Case For Union Workers In Bitcoin Mining
[Nov 1, 2023 7:30 AM] Recently in the news, a Pennsylvania Bill, the “Cryptocurrency Energy Conservation Act”, was stripped of language that would have created a 2 year moratorium on Bitcoin mining. The author of the bill, Rep. Greg Vitalli, cited staunch resistance to…
Bitcoin price and energy use for mining highly correlated: UN report
[Oct 30, 2023 4:41 AM] UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global BTC mining network consumed 173.42 TW/hs of electricity.
Lucky Solo Miner With 11 PH/s Bags Bitcoin Block Reward Amid Giant Pools
[Oct 29, 2023 10:30 PM] Recent insights reveal that a solo miner successfully mined block 814,308 employing a mere 11 petahash per second (PH/s) of mining power. This feat was achieved through Solo Ckpool, a service for solo miners endowed with lower hashrates or older…
An In-Depth Analysis of 7 Advanced Bitcoin Miners From Bitmain, Canaan, and Microbt
[Oct 26, 2023 9:30 PM] Recently, the top three bitcoin mining rig manufacturers unveiled a group of next-generation products with efficiency ratings of less than 20 joules per terahash (J/T) and powerful hashrates. In total, Bitmain, Canaan, and Microbt released seven…
Bitmain to start shipping new Bitcoin Antminer T21 in January 2024
[Oct 26, 2023 7:12 AM] Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH.
Bitcoin dominance hits 54% — Highest in 2.5 years as BTC halving approaches
[Oct 26, 2023 2:12 AM] BTC market dominance hovered around 80% during the 2017 bull market but slumped to the 50%–60% range during the 2021 bull market, at times even dipping below 50%.
Bitmain Unveils New T21 Bitcoin Miner; Offers BTC Fluctuation Protection Plan
[Oct 25, 2023 3:45 PM] On Wednesday, the bitcoin mining rig manufacturer Bitmain announced the introduction of a new air-cooled BTC miner, the T21 Antminer. The new device boasts a production capacity of up to 190 terahash per second (TH/s) and maintains an efficiency…
Microbt Debuts M60 Series in Dubai; Bitcoin Mining Rigs Boast 18.5 J/T Efficiency
[Oct 25, 2023 1:00 AM] During the Blockchain Life 2023 event in Dubai, Microbt rolled out its latest Whatsminer M60 series, which boasts an efficiency rating of 18.5 joules per terahash (J/T). Whatsminer M60 Series Showcased in Dubai On Tuesday, at the Blockchain Life…
Bitcoin price surge brings BTC-related stocks to new multi-week highs
[Oct 24, 2023 7:34 AM] MicroStrategy the largest Bitcoin-holding public company saw its unrealized gains on its BTC investment reach near the $1B mark as the company’s stocks gained nearly 9% on the day.
Bitcoin Mining Stocks Rally as BTC Holds Above $30K Despite Looming Halving Concerns
[Oct 23, 2023 10:14 AM] Bit Digital (BTBT), Hut 8 (HUT) and Marathon (MARA) are among mining stocks that are outperforming on Monday as bitcoin's price continue to hold above $30,000.
Bitcoin Miner Bit Digital Diversifies Into AI for 'Substantially Higher Margin' Than Mining
[Oct 23, 2023 6:00 AM] The firm is looking for a "reliable income stream ... that is uncorrelated to bitcoin prices."
Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital
[Oct 18, 2023 3:39 PM] The miner is adding Fidelity to diversify its bitcoin (BTC) custody.
Just how bullish is the Bitcoin halving for BTC price? Experts debate
[Oct 18, 2023 3:24 PM] Analysts recently debated whether or not the Bitcoin halving is still a meaningful catalyst for BTC’s price discovery.
Bitcoin Hits Historic 61 Trillion Difficulty, Hashrate Defies Odds Amidst 2023’s Steepest Climbs
[Oct 17, 2023 8:00 AM] On October 16, 2023, Bitcoin’s difficulty impressively crossed the 61 trillion mark at block height 812,448, setting a fresh benchmark for the network. This ascent marked the fourth-largest rise in difficulty for the year. Yet, in the face of…
By The Numbers: Bitcoin Hashrate Poised To Complete 100% Growth In 2023
[Oct 16, 2023 4:00 AM] As analysts continue to debate the future of the flagship cryptocurrency, Bitcoin, the network’s hashrate has seen exponential growth, with this key indicator poised to experience an 100% increase (from the beginning of the year) before the year…
Bitcoin’s Hashrate Skyrockets: On Track to Hit Half a Zettahash Milestone by Year’s End
[Oct 15, 2023 2:30 PM] Bitcoin’s hashrate, a key indicator of its computational power, shattered previous records on October 12, 2023. As measured by a seven-day simple moving average (SMA), it has surged to an impressive 455 exahash per second (EH/s). To put that…
US authorities monitor China-linked Bitcoin miners amid national security concerns: Report
[Oct 13, 2023 3:33 PM] A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials.
US Mega Bank JPMorgan Predicts Harsh Drop In This Bitcoin Metric
[Oct 12, 2023 2:00 PM] In a recent research report from JPMorgan, the financial firm has predicted a harsh drop for one Bitcoin metric, forecasting a potential decline of the Bitcoin Network Hash Rate by 20% leading up to the Bitcoin halving in April 2024. JPMorgan…
Cleanspark Acquires 4.4 EH/s of Bitmain’s New S21 Antminers; Readies for Bitcoin Reward Halving
[Oct 12, 2023 12:30 AM] In a disclosure on Wednesday, bitcoin mining entity Cleanspark has reserved 4.4 exahash per second (EH/s) of Bitmain’s latest S21 Antminers. The mining company, recognized on the public market, detailed that the consignment is valued at…
Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says
[Oct 11, 2023 10:31 AM] The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining.
Iris Energy Boosts Mining Capacity With $19.6M Acquisition of Bitmain’s S21 Antminers
Bitcoin’s Hashrate Hits Record High Amid Upcoming Reward Halving and Market Challenges
[Oct 10, 2023 10:02 AM] A week ago, at block height 810,432, Bitcoin miners dealt with a 0.35% rise in difficulty. Yet, on October 8, the Bitcoin hashrate soared to a new record. According to the seven-day simple moving average (SMA), it touched an impressive 440 exahash…
Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger
[Oct 10, 2023 6:55 AM] According to Hut 8 CEO Jaime Leverton, the new merged mining business will have “highly diversified fiat revenue streams.”
How Bitcoin Mining Monetizes Grid Resilience, A National Defense Matter
[Oct 9, 2023 8:30 AM] Winter is coming, and with that means a shifting of demands for power and a reshuffling of power generation capacity. During the coldest months of the year the northern hemisphere receives less direct sunlight and shorter daylight hours, making…
Bitcoin mining restricted to legal entities in Uzbekistan: Official
[Oct 4, 2023 7:15 AM] Cryptocurrency mining in Uzbekistan can only be carried out by legal entities using solar power, the local crypto watchdog has reiterated.
Bitcoin Miners Brace for Increased Challenge as Network Difficulty Hits New High of 57.32 Trillion
[Oct 3, 2023 1:30 PM] On October 3, 2023, at block height 810,432, the Bitcoin network experienced its second consecutive difficulty increase since September 19. The challenge of uncovering block rewards escalated as the difficulty reached a new pinnacle, rising by…
Galaxy's Head of Mining Amanda Fabiano Departed to Start Consulting Company
[Oct 3, 2023 7:00 AM] Fabiano’s new company will work with Compass Mining and Giga Energy, among others.
Kazakh crypto miners plead with President to cut energy prices
[Oct 3, 2023 3:40 AM] Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev.