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Browsing Category
Mining
Russia Predicted to Emerge as the Second Global Bitcoin Mining Power
The bitcoin mining industry in Russia has the opportunity to rise and secure the second spot in bitcoin hashrate, according to GIS Mining’s Vasily Girya. Even with the recent restrictions, Girya…
946 Exahash—Miners Push Bitcoin to New Computational Heights Despite Pay Drop
At block height 901,152 on Friday, the Bitcoin network logged its 12th difficulty adjustment of the year, slipping a slight 0.45%, which lowered the difficulty to 126.41 trillion. The next day,…
BTC block production is shifting to the USA
Bitcoin mining is changing its profile, with over 30% in the hands of US-based corporate miners. US-based miners generally hold more than 40% of the hashrate, but listed companies are now in charge of…
France Rejects Bitcoin Mining Proposal
The French National Assembly has decided not to discuss the subject of bitcoin mining as a possible destination for the French energy surplus. The recently introduced amendment was rejected on…
Norway plans temporary ban on power-intensive cryptocurrency mining
COPENHAGEN, June 20 (Reuters) - Norway aims to impose a temporary ban on the establishment of new data centres that mine cryptocurrency with the most power-intensive technology, in order to conserve…
Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze
After attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with corresponding mining profitability exhibiting a similar…
Only 30% of crypto miners comply with Russia’s new rules, finance ministry official says
Russian Deputy Minister of Finance Ivan Chebeskov said Thursday that the country’s mining sector still operates largely in the shadows, with only 30% of miners registered with the Federal Tax Service…
Bitcoin Miner Bitdeer Aims to Secure $330M via Convertible Notes for Expansion
Bitdeer Technologies Group priced an upsized private offering of $330 million in convertible senior notes due 2031. The Singapore-based bitcoin mining company increased the offering size from an…
Interview | HIVE CFO: Hydro-cooled mining and AI cloud give us an edge post-halving
As Bitcoin mining enters a new chapter post-halving, HIVE Digital Technologies is taking a measured, ambitious approach to growth. In this interview, Darcy Daubaras, CFO of HIVE, offers an inside look…
AgriFORCE Launches Gas-Powered Bitcoin Mining Site in Alberta, Plans Expansion to 1 EH/s
AgriFORCE Growing Systems (AGRI), a small agricultural firm that recently adopted bitcoin mining, has launched its first bitcoin BTC$103,914.15 mining and digital compute site in Berwyn, Alberta,…