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Mining
Bitcoin Miners Are Still Buying New Hardware Despite Headwinds—Here’s Why
In the midst of shrinking revenues and rising operational costs, industry experts tell Decrypt that Bitcoin miners are continuing to invest in new, specialized hardware, displaying strong confidence…
Bitcoin Mining Difficulty Hits Record 92 Trillion
The Bitcoin mining difficulty reached a new all-time high of 92.67 trillion on September 11. This represents a 3.04% increase over the last 24 hours and continues an upward trajectory in mining…
Investment Bank Jefferies Publishes Bitcoin Mining Report
Bitcoin (BTC) mining experienced a significant drop in profitability in August as both the average Bitcoin price fell and the network hashrate increased, according to a research report by investment…
Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
Solo miner receives $181,000 block reward. Bitcoin mining still dominated by larger mining pools, with FoundryUSA and Antpool representing more than 50% of the total hash rate. A solo bitcoin (BTC)…
Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein
Core Scientific is uniquely positioned to deliver AI data center scale in the one-to-three year timeframe, the report said. Bernstein said legacy data centers can provide equivalent scale, but not in…
Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining Scales…
Top 10 Ethereum cloud mining platforms in 2024
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cloud mining emerges as a top way to earn Ethereum…
Bitcoin Mining Could Help Japan Monetize $2.5 Billion in Wasted Green Energy — Report
Agile Energy X, a subsidiary of Tokyo Electric Power Grid (TEPCO), is exploring the use of surplus green energy for Bitcoin mining. Local media outlet Asahi Shimbun reported that the company has…
Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is more than 13 EH/s…
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving…