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Mining
Northern Data, European Bitcoin Miner, Explores IPO for US AI Unit (Report)
Northern Data AG, a German firm specializing in high-performance computing infrastructure, is evaluating the possibility of launching a U.S. initial public offering (IPO) for its AI cloud computing…
Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and…
CleanSpark’s amped hashrate mined 445 Bitcoin in June
CleanSpark capped a busy June with an uptick in mined Bitcoin and a 2x increase in hashrate compared to December. According to a Tuesday press statement, CleanSpark mined 445 Bitcoin (BTC) in June…
Digital Shovel Sues RK Mission Critical for Patent Infringement on Bitcoin Mining Containers
Digital Shovel Holdings Inc. has filed a lawsuit against RK Mission Critical LLC, RK Mechanical LLC, and RK Industries LLC in the US District Court for the District of Colorado, accusing them of…
National Power Administration ANDE Employees Allegedly Involved in Setting up Illegal Bitcoin Mining…
National Power Administration (ANDE) employees have been accused of participating directly in setting up illegal bitcoin mining farms in Paraguay. According to local sources, seven engineers of the…
Bitfarms reports 21% increase in Bitcoin production amid upgrades and takeover drama
Bitcoin miner Bitfarms reported an increase in Bitcoin production for June following an overall capacity upgrade. According to its latest monthly production report, Bitfarms’s BTC production rose 21%…
Bitcoin Miners’ June Revenue Dips Slightly Below May
The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per…
Unveiling the Titans of Crypto Mining: A Deep Dive Into 5 Consensus Algorithms
In the intricate world of cryptocurrency, not all algorithms are forged equal. The proof-of-work (PoW) consensus algorithms like Kheavyhash, Scrypt, Blake3, SHA-256, and Ethash are the linchpins that…
Venezuela’s Potential as a Bitcoin Mining Hub: Mauricio Di Bartolomeo’s Perspective
Presidents like Bukele and Milei demonstrate how pro-bitcoin policies can effectively improve economies. Venezuela could become a Bitcoin mining hub under a new government according to Di…
Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall
With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced revenue as the hashprice has dropped to a level not seen since May. Currently, the hashprice, which is the…