[Mar 19, 2023 2:30 AM] Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against the coin minting facilities comes amid discussions on a proposal to introduce…
[Mar 16, 2023 10:00 AM] Join us as we discuss whether cryptocurrency mining is still worth it in 2023 and all the latest updates regarding the mining industry.
[Mar 15, 2023 10:42 AM] Serhiy Tron, a former boxer, a persistent entrepreneur and the publisher of Bitcoin Magazine Ukraine, fights for stability in an unstable world.A version of this article was originally printed in the first issue of Bitcoin Magazine in Ukrainian…
[Mar 15, 2023 7:17 AM] Bitcoin mining company Luxor Technologies has launched an Antminer-compatible firmware designed to maximize miner efficiency.Luxor Technologies, a Bitcoin mining software and services company, has released LuxOS, the first third-party…
[Mar 12, 2023 2:30 AM] A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of…
[Mar 10, 2023 11:30 AM] On Thursday, the Biden administration released the U.S. president’s 182-page budget proposal for the fiscal year 2024, which aims to “grow the economy from the bottom up and middle out.” The budget includes an $835 billion…
[Mar 9, 2023 1:30 PM] During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO…
[Mar 8, 2023 12:30 AM] Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The post advised miners to be aware of the changes…
[Mar 7, 2023 10:24 PM] Block’s mining hardware product lead, Naoise Irwin, has asked for pointers on a proposed hardware and software development kit for Bitcoin mining.
[Mar 7, 2023 2:30 PM] Silver prices have been hovering just below the $21 per troy ounce mark over the last 24 hours, after jumping above the $24 range in mid-January. While long-term and modest forecasts expect silver to hit $30 by 2025 and $40 by 2027, Keith Neumeyer…
[Mar 7, 2023 1:40 PM] The development kit is envisioned as having multiple components that would enable increase the accessibility and openness of bitcoin mining hardware.Jack Dorsey’s Block has posted a new blog that details the Mining Development Kit, a new project…
[Mar 6, 2023 3:30 PM] Terawulf, a bitcoin mining operation, has announced that it has energized the first nuclear-powered bitcoin mining facility in the United States at the company’s Nautilus Facility in Pennsylvania. According to the company, approximately 1…
[Mar 6, 2023 11:33 AM] A joint venture with Cumulus Coin, LLC. has brought the first nuclear-powered Bitcoin mine online in Pennsylvania.Terawulf has announced roughly half of its nuclear-powered Nautilus Cryptomine has come online. The mining facility, a joint venture…
[Mar 6, 2023 11:30 AM] In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin blockchain today. Interestingly, some of the world’s top bitcoin…
[Mar 5, 2023 8:30 PM] A U.S. district judge has sentenced a man to three years in prison in a fraudulent cryptocurrency mining scheme. The defendant “misappropriated his victims’ money and failed to provide them with the miners and miner-hosting services…
[Mar 5, 2023 12:30 PM] Despite a 9.95% increase last week and the all-time high difficulty, bitcoin’s hashrate has averaged around 305 exahash per second (EH/s) over the past 30 days. According to current data, the hashrate has been around 308 EH/s over the past…
[Mar 3, 2023 3:44 PM] Sen. Edward Markey and Rep. Jared Huffman want miners to disclose emissions data and the EPA to lead an investigation of their impact.
[Mar 3, 2023 1:30 AM] The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition…
[Feb 28, 2023 3:30 PM] The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on…
[Feb 27, 2023 1:49 PM] Six insightful data sets underscore the rapid rise of interest in Bitcoin inscriptions, demonstrating their undeniable impact.Inscribing bits of data onto the Bitcoin blockchain through Ordinals has captured the attention of cryptocurrency…
[Feb 27, 2023 9:00 AM] The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528…
[Feb 26, 2023 2:00 AM] The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability…
[Feb 25, 2023 9:00 AM] Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by…
[Feb 23, 2023 12:30 PM] A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole…
[Feb 22, 2023 3:30 PM] With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued…
[Feb 22, 2023 2:45 PM] According to Daniela Barbosa, the Executive Director at the Hyperledger Foundation, some challenges involved in adopting enterprise blockchain include a lack of complete comprehension of the technology's advantages.
[Feb 22, 2023 6:30 AM] 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 there are many elements in favor of Paraguay…
[Feb 21, 2023 9:30 AM] 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 the largest rise of the year, surpassing the…
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