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Browsing Category
Mining
MARA Hits Record-High Bitcoin Production in May
Bitcoin miner MARA Holdings, formerly Marathon Digital, set a new monthly record in May, producing 950 Bitcoin, a 35% increase from April. The BTC miner said it won 282 blocks, marking a 38%…
AI’s Power Consumption Will Dwarf Bitcoin by Year’s End, Says Study
Remember when Elon Musk made Bitcoin crash by tweeting that Tesla would stop accepting it due to environmental concerns, and everyone was worried about the environmental impact of proof-of-work…
Riot Platforms Taps Data Center Veteran to Expand Beyond Bitcoin Mining
Riot Platforms (RIOT) has hired industry veteran Jonathan Gibbs as its Chief Data Center Officer, marking a strategic move by the bitcoin miner to branch out beyond crypto into the broader data…
943 EH/s and Climbing: Bitcoin’s Mining Power Nears Historic Threshold
With bitcoin’s price consolidating following the all-time high (ATH), the network’s computational power has reached an unprecedented zenith, touching a peak of 943 exahash per second (EH/s). Bitcoin…
Hashpower Hot Zones: North America, Eurasia, and Latin America Lead Bitcoin’s Hashrate Race
At press time, the Bitcoin network hashrate is cruising along just above the 900 exahash per second (EH/s) range and according to current stats documented by hashrateindex.com, the United States leads…
Bitmain Unveils ‘Most Efficient’ Mining Rig Amid Market Shift
Bitmain has launched the Antminer S23 Hydro series, featuring a performance of 580 terahash per second (TH/s) and a power consumption of 5,510 watts, making it the “most efficient” mining rig…
Bitcoin Mining: Cango’s Remarkable Growth Adds 109.1 BTC
In the ever-evolving landscape where traditional industries intersect with the cutting edge of digital finance, news from unexpected corners often makes the biggest splash. This week, Cango Inc., a…
Bitcoin Mining Difficulty Is Set to Reach Record High Amid Surging Hashrate
Bitcoin BTC$105,578.62 mining difficulty is on track to reach a new all-time high sometime around midnight UTC in a sign of increased participation by miners that makes the blockchain more secure.The…
Pakistani Government Deploys 2,000 MW to BTC Mining, DWF Labs’ Grachev Welcomes ‘Smart…
The Pakistani government just announced that it allocated 2,000 megawatts of electricity to power Bitcoin (BTC) mining and artificial intelligence (AI) data centers. This campaign is designed to…
Publicly Traded Bitcoin Miners Slide as Sector Sees Broad Losses
Bitcoin mining stocks experienced widespread declines Wednesday, with most major publicly traded firms in the sector in the red. Bitcoin Mining Stocks See Red Across the Board Galaxy Digital Holdings,…