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Mining
Bitfarms Expands in Paraguay Amid Regulatory Uncertainty: Secures 200 MW for Bitcoin Mining
Expansion allows Bitfarms to manage 528 MW, leveraging existing infrastructure to reduce costs per megawatt. Amidst expansion, former CEO Geoffrey Morphy sues Bitfarms for $27 million over alleged…
Shifting Sands of Bitcoin Mining: How Hydro-Cooling Tech is Leading the Charge Post-Halving
Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit (ASIC) mining rigs has shifted significantly. It is now essential to…
Abu Dhabi Prohibits Crypto Mining on Farms
The Abu Dhabi Agriculture and Food Safety Authority has banned cryptocurrency mining on farms. This regulation addresses the misuse of agricultural land and imposes penalties of up to 10,000 United…
Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas
According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus…
Kenya Partners With Marathon To Monetize Underused Energy By Mining
Kenya has signed a deal with Bitcoin miner Marathon Digital Holdings to monetize the country's underutilized energy resources. This partnership, announced by Marathon's CEO Fred Thiel on X, marks a…
Bitcoin’s Network Strengthens: Mining Difficulty And Hash Rate Spike Amid ETH ETF Buzz
Bitcoin mining difficulty has adjusted upwards by nearly 2%, reaching over 84.4 trillion, as the network’s average hash rate surged past 600 EH/s. This increase comes amid growing optimism in the…
Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704
Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns with Bitcoin’s overall hashrate exceeding the 600 exahash per second (EH/s)…
Popular Crypto Mining Pools in 2024
Karina Krupenchenkova Mining is one of the oldest and most sure ways to make money in crypto — instead of the hassles of day-trading…
Crypto Miner Argo’s Strategy Pay Off in Q1 2024 with Reduced Losses
Argo Blockchain, a publicly-listed cryptocurrency mining company, announced its unaudited financial results for the first quarter of 2024, which showed an improvement compared to the same period last…
Is China’s Bitcoin mining ban the worst decision this century?
Though the process has been ongoing for a relatively long time – and even the most outspoken opponents of the crypto market have been getting involved, including during the ‘crypto winter’ – 2024 has…