[Aug 7, 2023 2:30 PM] Bitfarms Ltd. has started development on a new 50-megawatt (MW) Bitcoin mining facility in Paraguay, the company announced on August 7, 2023. The farm will be located in Paso Pe near Bitfarms’ existing mining operations in Villarrica and is…
[Aug 4, 2023 4:21 AM] Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.
[Aug 3, 2023 10:27 PM] Blockchain mining software firm DEBT Box has been accused of lying to investors about its involvement in crypto mining and its "node licenses."
[Aug 3, 2023 12:00 PM] Blockware Solutions account executive David Gamble told Market Talks host Ray Salmond that the crypto market will hit a $10 trillion market cap in the next few years.
[Aug 2, 2023 9:01 AM] "We deeply regret any inconvenience this might cause and we remain grateful for your unwavering support and understanding," the exchange wrote.
[Aug 1, 2023 11:30 PM] Genesis Digital Assets (GDA), one of the world’s largest bitcoin mining companies, has opened three new data centers in the western region of South Carolina. The facilities represent GDA’s continued expansion in the United States, where…
[Aug 1, 2023 1:30 PM] As per the data compiled for the month of July, bitcoin miners discovered a total of 4,366 blocks, collectively accruing approximately $844.56 million in block rewards and fees. This figure marks an estimated increase of $60.8 million from the…
[Jul 31, 2023 11:30 AM] According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees…
[Jul 31, 2023 3:30 AM] A Malaysian energy supplier uncovered an illegal cryptocurrency mining operation stealing power from the local grid on the island nation of Borneo.
[Jul 30, 2023 11:30 PM] A covert cryptocurrency mining operation, suspected of electricity theft, was uncovered in a Marina Square shophouse in Miri, Malaysia. Representatives from the Sarawak police and Sarawak Energy plant revealed that the successful operation was made…
[Jul 30, 2023 5:30 PM] Kyrgyzstan intends to build a new facility for cryptocurrency mining at one of the country’s hydroelectric stations. The project aims to minimize the power plant’s electricity losses by utilizing its full generating capacity that currently exceeds…
[Jul 27, 2023 3:00 PM] Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility…
[Jul 27, 2023 11:34 AM] Sazmining, a hosted Bitcoin mining provider committed to 100% renewable energy, has set its sights on South America with the establishment of a new facility in Paraguay. Slated to commence operations on September 15th, the facility takes advantage…
[Jul 27, 2023 8:10 AM] From an ASIC-heated swimming pool to a handmade soundproof container, these die-hards found ways to make home mining feasible, if not quite profitable.
[Jul 26, 2023 4:00 PM] According to a press release published July 25, 2023, Auradine, a new competitor in the blockchain infrastructure sector, is entering the application-specific integrated circuit (ASIC) bitcoin mining industry with a line of bitcoin mining rigs…
[Jul 24, 2023 11:30 AM] In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed to dry…
[Jul 24, 2023 11:19 AM] Oil and gas companies are keen to use gas that would normally be flared off to run bitcoin mining operations. But environmentalists claim the practice merely perpetuates the use of fossil fuels.
[Jul 24, 2023 8:00 AM] Upon achieving an unprecedented all-time high on July 11, 2023, soaring to a staggering 53.91 trillion, Bitcoin’s difficulty is poised to decline by an estimated range of 3.9% to 4.04% come July 26, 2023. Block generation periods have been…
[Jul 23, 2023 10:42 AM] Several counties in the U.S. state of Arkansas are hurrying to adopt new ordinances before August, when crypto mining facilities will be subject to the same rules as data centers.
[Jul 21, 2023 5:30 PM] Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain…
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