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Mining
MARA acquiring Texas wind farm for better Bitcoin mining operations
MARA Holdings, formerly Marathon Digital, has announced plans to acquire a wind farm in Hansford County, Texas, to power its sustainable Bitcoin mining data center. The wind farm, with 240 megawatts…
Ethiopia’s Bitcoin mining surge now accounts for 2.5% of global hash rate
Ethiopia is emerging as a significant player in Bitcoin mining, with local operations now accounting for 2.5% of the global hash rate. On Dec. 4, local Bitcoin miner Kal Kassa stated: “Bitcoin miners…
What Math Problems Do Bitcoin Miners Really Solve
Bitcoin miners don't solve complex math problems - they guess numbers. While "solving mathematical puzzles" has become a common description of bitcoin mining, the process more closely resembles a…
The Joule Paradox: Energy sets the value of bitcoin and bitcoin sets the value of energy
Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that went into producing…
Dogecoin Mining Turns Out Three Times More Profitable for This Bitcoin Miner
Publicly traded BIT Mining (BTCM) will continue its self-hosted mining operations for dogecoin (DOGE) and litecoin (LTC) after the endeavor reaped three times more profit than its bigger bitcoin (BTC)…
Wall Street Bitcoin Miner BitFuFu Launches Private-Label Pool, Holds 1,664 BTC
BitFuFu Inc. (NASDAQ: FUFU), a Bitcoin miner based on Wall Street, announced the launch of BitFuFu Pool, its private-label mining pool. The company also disclosed that it holds 1,664 BTC as of today…
7th Bitcoin Miner from Wall Street Reports a Drop in BTC Production in November
Core Scientific (NASDAQ: CORZ), one of the publicly listed Bitcoin miners from Wall Street, reported a decline in BTC production for November, aligning with a broader industry trend. The company…
MARA Stock News: Wall Street Bitcoin Miner Raises $850M in Zero-Coupon Notes for BTC Push
The biggest Wall Street Bitcoin miner by market cap, MARA Holdings, Inc. (NASDAQ: MARA), has successfully completed an $850 million offering of zero-coupon convertible senior notes. This marks one of…
Smoke Leads to Discovery of Illegal Crypto Mining Setup at Poland’s University of Wrocław
A hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech Jabłoński, as reported by tvpworld.com. Covert Mining…
Wall Street Bitcoin Miners Report Lower November Production Despite BTC Rising to $100,000
Major Wall Street Bitcoin miners reported varied production results for November 2024, as network difficulty increased by 7% during the month, impacting mining efficiency and output across the…