[Feb 7, 2023 12:41 PM] The merged company will have access to 825 MW energy, including infrastructure operations with renewable and zero-emission energy sources.Bitcoin miner Hut 8 has agreed to a merger with US Bitcoin Corp. Both firms will become wholly owned…
[Feb 7, 2023 12:00 PM] A popular crypto analyst called “Documenting Bitcoin” released fresh data on Tuesday showing that half of all Bitcoin (meaning 9.64 million BTC worth $86.4 billion) have not been moved for the last two years. At the time of writing, there is 19.28…
[Feb 7, 2023 10:15 AM] The merger, which will create the company 'New Hut', is still subject to court and regulatory approval by U.S. and Canadian authorities.
[Feb 6, 2023 3:15 PM] The mining firm reported two of the buildings at its Whinstone facility in Rockdale were damaged in December as Texas experienced days of sub-zero temperatures.
[Feb 4, 2023 5:00 PM] The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn and sanctions, according to a survey of leading operators. Depressed prices of mining equipment and stronger interest from…
[Feb 4, 2023 3:00 PM] The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval speed. Before the latest difficulty retarget increase of 4.68%, block intervals were faster…
[Feb 4, 2023 4:00 AM] Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of…
[Feb 3, 2023 10:19 AM] Despite the sale, Nasdaq-listed miner Marathon continues to hold one of the largest public bitcoin treasuries in the world.Marathon Digital, a publicly traded bitcoin mining company, has announced the sale of bitcoin for the first time in two…
[Feb 2, 2023 11:48 AM] The bitcoin mining firm is reaping the rewards of expansion as it had a record month with solid reliability.CleanSpark has reported that the firm mined a record 697 bitcoin in a single month, an increase of 50% from December 2022’s amount.“We had a…
[Jan 31, 2023 1:15 PM] Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers?
[Jan 31, 2023 7:36 AM] Despite restructuring into a hosting firm for Bitcoin mining, Greenidge still owns about 10,000 miners, maintaining a capacity of 1.1 EH/s.
[Jan 30, 2023 5:16 PM] The Virunga National Park's Bitcoin mine in the Democratic Republic of the Congo monetizes surplus energy for conservation efforts.
[Jan 30, 2023 3:25 AM] As Bitcoin remains well-positioned for a steady recovery, the mining industry witnessed a 50% growth in revenue in terms of US dollars.
[Jan 30, 2023 12:30 AM] Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a…
[Jan 29, 2023 4:30 PM] The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches…
[Jan 28, 2023 3:30 AM] Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive for the proposal is to prevent fires in residential buildings. Amateur miners have been blamed for high loads on…
[Jan 27, 2023 9:00 AM] The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current…
[Jan 27, 2023 1:30 AM] Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba…
[Jan 24, 2023 3:00 PM] Bitcoin miners came under significant pressure during the bear market; however, Blockstream said institutional hosting customers were more “resilient.”
[Jan 24, 2023 2:08 PM] Led by Kingsway Capital, Blockstream has raised $125 million for the purpose of expanding their institutional mining services.Blockstream has announced they’ve raised $125 million in convertible note and secured loan financing with the aim of…
[Jan 23, 2023 7:43 AM] Bitcoin mining firm Argo regained compliance with Nasdaq's listing rule, which requires a company to maintain its common stock's minimum bid price of $1 for 30 consecutive trading days.
[Jan 20, 2023 12:10 PM] Committees from both states will soon vote on bills that would provide a variety of protections for Bitcoin mining operations and node runners.Lawmakers from the U.S. states of Mississippi and Missouri have introduced bills that seek to legally…
[Jan 19, 2023 3:28 PM] A commission out of New Hampshire has found that the positive impacts of bitcoin mining on the electricity system are worthy of further consideration.New Hampshire (NH) Governor Chris Sununu’s “Commission On Cryptocurrencies And Digital Assets” has
[Jan 19, 2023 1:15 PM] Some BTC miners have declared bankruptcy or sought financial aid to stay afloat. Others are finding unique ways to grow amid the bear market.
[Jan 19, 2023 8:00 AM] The mining firm will nearly double its existing infrastructure, adding up to 50 Megawatts to the 36 Megawatts already in use.Bitcoin mining firm CleanSpark has announced the start of construction on a site in Washington, Georgia, set to house…
[Jan 18, 2023 7:50 AM] Hut 8 CEO, Jaime Leverton explains how Bitcoin mining can stabilize grids, create jobs and generate tax revenues in an exclusive Davos interview.
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