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Browsing Category
Mining
Former Monero Developer Launches New Crypto Mining App
Riccardo “Fluffypony” Spagni, a former Monero developer, has launched a new mining app called Tari Universe. The app aims to make mining accessible to everyone using a user-friendly interface.…
Top Bitcoin Miners Revolutionize North America’s Crypto Landscape in 2024
Marathon Digital’s hash rate grew by 142% in Q1 2024, driving a 223% revenue increase to US$165.2 million. Marathon Digital plans to double its hash rate to 50 EH/s by the end of 2024 through new…
Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig…
Arkham Unveils Over 1,250 Core Scientific Bitcoin Wallets: A Transparency Milestone
Core Scientific Bitcoin wallets have been tagged over 1,250 as part of the blockchain transparency for the larger mining operations with Arkham. On-chain activities of Core Scientific are disclosed…
Hut 8 deepens Bitmain partnership with launch of new ASIC miner in 2025
Bitcoin miner Hut 8 is expanding its partnership with Bitmain to introduce a new ASIC miner with direct liquid-to-chip cooling, set to deploy in Q2 2025. Miami-headquartered crypto mining firm Hut 8…
How Bitcoin mining is a viable investment: opportunities and limitations for new miners
Crypto mining equipment makers created improved machines, giving solo miners a chance to solve blocks or share rewards with larger mining pools. Technical innovations have turned the tide for Bitcoin…
Bitcoin’s Computational Power Falls 9.95% After Record Hashrate
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week.…
Mining is thriving despite everything: How is it affecting Ukraine’s electricity system?
Ukraine remains among the top countries in terms of cryptocurrency adoption. How does mining work in the country during the current conflict with Russia? Analysts at the OSINT agency Molfar collected…
CleanSpark acquires two new Bitcoin mining plants in Mississippi
CleanSpark Inc. has acquired two Bitcoin (BTC) mining sites near Clinton, Mississippi, and closed on its second site in Wyoming, according to a Sept. 17 announcement. The Mississippi acquisitions…
Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says
The Bitcoin network hashrate is now back to pre-halving levels, the report said. The bank noted that U.S.-listed miners' share of the network hashrate increased for the fifth straight month to a new…