[Oct 21, 2024 9:30 PM] Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency…
[Oct 21, 2024 7:45 PM] Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at…
[Oct 21, 2024 11:05 AM] Bitcoin's 7-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April's halving.
[Oct 18, 2024 12:33 PM] With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network’s hashprice, which represents the value of one petahash per second (PH/s) of hashpower, has…
[Oct 18, 2024 10:30 AM] Falconx, a digital assets prime brokerage firm, has launched a platform that automates the conversion of cryptocurrency to USD for miners. This platform aims to streamline the liquidation process, reducing delays and improving efficiency for…
[Oct 18, 2024 12:30 AM] Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with…
[Oct 17, 2024 2:30 AM] Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union…
[Oct 16, 2024 10:30 PM] The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 11, 2024, it was penned by Bitcoinminingstock.io author Cindy…
[Oct 14, 2024 8:30 AM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine the possibility of Venezuela growing to become the top cryptocurrency market in Latam and…
[Oct 13, 2024 8:33 PM] The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 3, 2024, it was penned by Bitcoinminingstock.io author Cindy…
[Oct 12, 2024 10:45 PM] The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy…
[Oct 11, 2024 4:30 PM] Cleanspark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s…
[Oct 11, 2024 7:30 AM] Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using…
[Oct 10, 2024 6:30 PM] According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8. Bitcoin’s Hashrate…
[Oct 10, 2024 5:30 PM] Bitcoin mining rig manufacturer Bitmain has just rolled out two new rigs, boasting a hashrate of up to 216 terahash per second (TH/s) for their air-cooled model and 319 TH/s for the hydro-cooled version. Bitmain Releases New Air and Hydro-Cooled…
[Oct 9, 2024 8:30 PM] Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while…
[Oct 9, 2024 1:30 AM] Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part…
[Oct 8, 2024 7:49 PM] Follow Nikolaus On X Here When I first came onto the Bitcoin scene in 2017, I had changed my Twitter (now X) handle to “@nikcantmine.” (It was a joke I thought was funny at the time since I didn’t have the resources to mine BTC in high school.) But
[Oct 8, 2024 3:45 PM] MARA, one of the largest bitcoin miners in the public market, has kicked off an exciting new pilot program aimed at powering its operations with excess natural gas from U.S. shale, as noted in a report from Reuters. This initiative emerges amidst…
[Oct 8, 2024 5:30 AM] Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is…
[Oct 7, 2024 9:30 PM] The silver market is facing a multi-year deficit product of the extraction dynamics and the increase in the metal’s demand. Even with today’s high prices, silver production is unlikely to increase in the short or medium term given the…
[Oct 7, 2024 6:30 PM] Bitcoin’s hashrate has been climbing steadily, closing in on its peak of 693 exahash per second (EH/s) recorded on Sept. 8. At present, it’s cruising just shy of that record, clocking in at 680 EH/s. Block times have been quicker than the typical…
[Oct 6, 2024 5:30 PM] In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot for profitability among consensus algorithms. Fast forward to today, and it’s the Blake3 algorithm that’s…
[Oct 6, 2024 2:30 AM] David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom…
[Oct 4, 2024 11:30 PM] Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the…
[Oct 4, 2024 4:35 PM] Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing…
[Oct 3, 2024 2:30 PM] MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month. MARA Strengthens Mining Operations, Grows Bitcoin Reserves to 26,842 This week…
[Oct 1, 2024 5:45 PM] According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul. Bitcoin Miners Earn $815.7M in September…
[Sep 30, 2024 5:28 PM] Follow Aaron on Nostr or X. It’s difficult to find a more fundamental threat to Bitcoin’s continued existence than mining centralization. If —say— there are only a few mining pools, there is a very real possibility that these organizations face…
[Sep 29, 2024 6:30 PM] Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last four days alone. Hashprice Jumps Nearly 9% in 4 Days: Bitcoin Miners Catch a…
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