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Browsing Category
Mining
Russia looks at coal mines to revive crypto mining industry
Authorities in a Russian region are planning to set up cryptocurrency mining farms near coal mining sites as part of efforts to slow down the decline in the region’s main industry. Local officials in…
Rural Texans continue push to regulate Bitcoin mining over noise, quality of life concerns
Rural residents in Hood County are pressing for a community vote to gain more authority over a Bitcoin mining site that they say has disrupted their lives with round-the-clock industrial noise, local…
Hashrate Rebounds to 966 EH/s, Edging Within Striking Distance of a New Peak
As bitcoin holds around $116,000 mark, the network’s hashrate is steadily pushing its way back toward record-breaking territory. Despite Revenue Loss, Bitcoin Miners Push Network Strength Back to…
Fact Check: Is Google Getting Into Bitcoin Mining Through TeraWulf?
A headline is making waves in the crypto world as Google reportedly acquires an 8% stake in Bitcoin miner TeraWulf in a $3.7 billion deal. Many in the crypto community are claiming that Google has…
Block Targets Mining Decentralization With Air-Cooled Proto Rig Delivering up to 819 TH/s
This week, Block, Inc. (NYSE: XYZ) launched Proto Rig, a modular bitcoin mining system designed for durability, and Proto Fleet, a free open-source management platform, marking a strategic push to…
Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says
Bitcoin BTC$118,138.81 mining profitability increased 2% in July as the price of the world's largest cryptocurrency rose 7% while the network hashrate jumped 5%, investment bank Jefferies said in a…
Iran blames crypto miners for deepening energy crisis
The energy crisis in Iran has worsened in the past few months, with residents blaming the country’s crypto mining operations as the main cause. The energy crisis has caused a small number of vocal…
Illegal crypto mining operators leave Tajikistan to pick up $3.52 million bill
Tajikistan claims damages from illegal Bitcoin mining operations. According to the country’s Attorney General Khabibullo Vokhidzoda, the country lost more than $3.52 million to this menace in the…
Company That Hijacked Network by Launching 51% Attack on Surprise Altcoin Publishes Attack Report
Qubic, a cryptocurrency mining pool and altcoin with its own name, shared its preliminary report on the 51% attack experiment it conducted on the Monero (XMR) network. During the experiment, Qubic…
Hive Digital reports record Q1 revenue, driven by Bitcoin and HPC
Hive Digital, a Bitcoin miner turned data center infrastructure provider, reported record revenue and earnings in its fiscal first quarter, driven by strong growth in high-performance computing (HPC)…