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Browsing Category
Mining
Bitcoin Clean Energy Shift Crosses 50%, Pressuring Tesla to Act
Bitcoin has reached a major goal. More than half of its mining now runs on clean energy. This change has brought new hope to the crypto community, and also raises one big question. Will Tesla accept…
Eric Trump Says American Bitcoin Mines 2% of BTC Supply Daily, Calls Crypto a Tangible Asset
U.S. entrepreneur Eric Trump has shared a sneak peek into American Bitcoin’s mining facility, which mines 2% of the Bitcoin supply daily. In a video shared on X, Eric Trump offered the crypto…
ZEC’s 125% Monthly Jump Fuels Miner Revenue and Pushes Zcash Hashrate to Record Highs
According to the latest metrics, mining bitcoin has officially climbed into the runner-up spot for proof-of-work (PoW) profits, landing just behind the privacy coin zcash. ZEC Mining Profit Increases…
Mining economics tighten as record hashrate meets falling Bitcoin price: Report
Profitability across the Bitcoin mining industry is facing new strain amid rising network competition and declining revenue conditions. Bitcoin miners are facing a fresh squeeze as the network’s…
Bitcoin Hashprice Falls to Record Low as Network Hashrate Shows Early Signs of Pullback
Bitcoin’s hashprice has fallen to a new all-time low below $35 per petahash per second (PH/s), hit by the combination of bitcoin’s price drop and persistently high network difficulty. This article is…
Bitcoin Miner Reserves Plunge to Record Low as Revenue Collapses
Bitcoin miners are aggressively draining their reserves in a bid to shore up balance sheets against a historic collapse in revenue efficiency. Data from CryptoQuant reveals that miners have…
Miners Face a Profit Crunch With Bitcoin Prices Down and Hashprice Reaching Record Lows
With bitcoin down more than 20% this month — marking its harshest monthly showing since 2022 — the network’s hashprice has slipped to levels miners haven’t seen in years. With a little over a week…
Hobbyist Miner Beats “1 in 180 Million Odds” to Win $265K Bitcoin Block Using Just One…
A lone Bitcoin miner running roughly 6 terahashes per second of hashpower — an amount so small it barely registers on the network — mined a full BTC block on Friday, earning 3.146 BTC plus fees worth…
South Africa signs an MoU with the EU to advance mining, pharmacy, and green energy
Cyril Ramaphosa, President of South Africa, has signed a historic agreement on minerals and green energy with the European Union in a trilateral meeting ahead of the G20 summit. South Africa has…
Litecoin Hashrate Jumps 117% as Price Stalls
The Litecoin (LTC) hashrate has more than doubled within one year as the computational power of the network soared by 117%. As highlighted by the Litecoin Foundation, within the last 365 days, the LTC…