Mining

Bit Digital and Iris Energy reported June Bitcoin (BTC) mining results on July 5, posting one-year hash rate increases alongside reduced BTC output since April. Bit Digital reported a hash rate of…

The industry-leading brand of DOGE and Litecoin mining machines announced a new product line at the recent Mining Disrupt 2024 conference. FoundationLogic, the fabless semiconductor design company…

Only five mining rigs remain profitable as bitcoin prices dropped below $58,000, potentially signaling a local bottom for the market. Miners, who provide computing power to blockchain networks are…

The Russian State Duma is considering a bill related to cryptocurrency mining and sales, but the legislation is not expected to be approved by fall. The bill aims to legalize crypto mining and allow…

Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4,…

Bitcoin mining company Bitdeer is integrating high-performance computing and AI technologies while prioritizing transparency and vertical integration to revolutionize the mining industry. With U.S.…

Blockchain data shows signs that the Bitcoin mining industry is “capitulating,” according to CryptoQuant—a likely precursor to Bitcoin tapping a local price bottom before surging to new highs.…

CleanSpark mined 445 Bitcoin (BTC) in June and grew its hash rate above 20 EH/s on the back of its recent expansion in Georgia. The mining firm’s June performance results, published On July 2, also…

Cipher Mining, a prominent Bitcoin mining firm backed by BlackRock, has revealed its June Bitcoin mining update. According to a press release published Tuesday, the company mined 176 Bitcoin (BTC)…

Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s…