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Mining
Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein
Core Scientific is uniquely positioned to deliver AI data center scale in the one-to-three year timeframe, the report said. Bernstein said legacy data centers can provide equivalent scale, but not in…
Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining Scales…
Top 10 Ethereum cloud mining platforms in 2024
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cloud mining emerges as a top way to earn Ethereum…
Bitcoin Mining Could Help Japan Monetize $2.5 Billion in Wasted Green Energy — Report
Agile Energy X, a subsidiary of Tokyo Electric Power Grid (TEPCO), is exploring the use of surplus green energy for Bitcoin mining. Local media outlet Asahi Shimbun reported that the company has…
Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone
After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is more than 13 EH/s…
Bitcoin Hashrate Hits Record High as Prices Drop Below $55K
As bitcoin dipped below $55K this week, something quite interesting happened behind the scenes. On Sept. 7, 2024, the network’s computational power hit a new lifetime high. The seven-day simple moving…
Russia to Prioritize Supplying Energy for Social Development Over Bitcoin Mining
Russia will prioritize using its energy for social development instead of Bitcoin mining, according to the Ministry of Energy. Energy Minister Sergei Tsivilev stressed that if there is a surplus in…
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Sergey Bezdelov, Director of Russia’s Industrial Mining Association, revealed that around 54,000 BTC, more than $3 billion, were mined in Russia last year, according to local news outlet Izvestia.…
Analyst launches BTC miner M&A deal tracker
H.C. Wainwright, an investment bank that offers strategic advisory and equity research has launched a Bitcoin mining-focused deal tracker. Mike Colonnese, a managing director of equity research at…
Russia mined nearly 54,000 Bitcoin in 2023, says industry expert
Approximately 54,000 Bitcoin (BTC), worth around $3 billion, was mined in Russia last year, said Sergey Bezdelov, the Director of the Industrial Mining Association, at the Eastern Economic Forum 2024,…