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Browsing Category
Mining
Hidden crypto mining operations target GPU renters
There may be signs that a hidden form of crypto mining is targeting the clients of rented GPUs for the purposes of training AI, rendering, or other computation-intensive tasks. The attacks come…
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire…
Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30…
The New Mission Critical Facilities: Bitcoin Mining Farms
Life embodies evolution, change, adaptation, and the willingness to thrive. Throughout history, we have experienced numerous changes that have forced society to evolve, adapt, and grow. From the…
Crypto News Today: Is Bitcoin Mining Holding the Texas Electricity Grid Hostage?
Bitcoin miners are again in the hot seat, with recent revelations from The Economist causing a stir. Environmental activists have long criticized the industry for its energy consumption, and now, new…
The Misunderstood Tale of Bitcoin Mining’s Survival in China, Was There Never an Official Bitcoin…
China’s Bitcoin mining still contributes 15% to the global hashrate despite reports of an official ban. China’s 2021 Bitcoin mining ban was a temporary suspension, not a permanent shutdown. China’s…
This Wall Street Bitcoin Company Mines Revenue despite Bitcoin Drought
The publicly-listed Bitcoin (BTC) miner from Wall Street (NASDAQ: ARBK) and London Stock Exchange (LSE: ARB), Argo Blockchain, announced today (Wednesday) its interim results for the first half of…
Analyst remains bullish on Cipher after 2.5 GW energy expansion in Texas
Analysts at H.C. Wainwright & Co. believe Cipher’s recent acquisition in Texas will enhance its strategic operations. Cipher recently announced the acquisition of a 300 MW development site in West…
Bitcoin Mining Giants from Wall Street Feel the Halving Hangover
Revenue for publicly traded Bitcoin (BTC) and other cryptocurrency miners on Wall Street has fallen by 12%. This continues the negative reaction to April's halving, which reduced block rewards,…
Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor’s Successful BTC Strategy
Marathon Digital sold debt to buy bitcoin, after BTC mining profits deteriorated this year. The miner is following Michael Saylor's footsteps in using borrowed money to add BTC to its balance sheet.…