Bitcoin mining difficulty has reached a new all-time high, signaling a significant development in the network’s ongoing evolution. This rise reflects a growing commitment to Bitcoin by miners […]
Bitcoin Mining Difficulty to Hit Record High This Weekend
The Bitcoin network is preparing for a significant change this Saturday with an anticipated 5% increase in mining difficulty. This marks the highest ever recorded adjustment, posing a […]
Cryptocurrency Mining Goes Local: Decentralization Takes Center Stage
A recent article in Bitcoin Magazine sheds light on a significant trend within the cryptocurrency mining industry – the shift towards smaller, localized, and decentralized operations. This move […]
Cango Shifts Gears, Selling Auto Finance Unit to Expand Bitcoin Mining
Cango has made a significant strategic shift, selling its Chinese auto financing business for $352 million. The move will allow the company to fully dedicate resources towards developing […]
Hut 8 Launches American Bitcoin Venture, Seeking Dominance in US Mining
American Bitcoin, a new mining venture by Hut 8, has been launched with a clear goal: to become a leading force in the global Bitcoin ecosystem. The company’s […]
Trump Tariffs Threaten Bitcoin Mining Industry: Expert Warns of Potential Boom Bust
The cryptocurrency industry is facing a potential storm in the form of former US President Donald Trump’s tariffs, as experts warn that these measures could significantly impact the […]
Trade Tariffs Pose Risks to Global Bitcoin Mining
New trade tariffs announced by President Trump could significantly impact the global Bitcoin mining industry. According to Odaily, these tariffs are predicted to exert additional pressure on the […]
Trump Tariffs Threaten Bitcoin Mining Ecosystem, Industry Expert Warns
New tariffs announced by US President Donald Trump are raising concerns for the Bitcoin mining industry both domestically and globally. According to Kristian Csepcsar, chief marketing officer at […]
Bitcoin Miner Losses Top $6 Billion in March: Market Factors Under the Microscope
Publicly traded bitcoin mining firms suffered significant losses, with market capitalization dropping by an estimated 25% in March. This decline came amid a combination of factors including declining […]
Bitcoin Mining Power Hits New Highs, But Network Usage Remains Low
Bitcoin’s network has reached a record-breaking level of hash rate, exceeding 838 exahashes per second (EH/s) according to Glassnode. This surge in mining power comes despite concerns over […]
Trump’s Tariff Announcement: Impact on Bitcoin Mining Industry
President Donald Trump’s recent tariff announcement is having a ripple effect on the Bitcoin mining industry, specifically impacting US-based companies with global supply chains. Companies like Bitmain Technologies, […]
Bitcoin Mining Suffers Major Loss as Market Value Plummets $6 Billion
Publicly traded Bitcoin miners suffered a dramatic decline in market value during March, with 14 companies losing an estimated $6 billion, according to a report from JPMorgan. This […]
BlockDAG Revolutionizes Crypto Mining with Hybrid DAG & PoW Technology
BlockDAG (BDAG) is shaking up the cryptocurrency landscape by introducing a novel hybrid approach to blockchain technology. This innovative platform combines the speed and efficiency of a Directed […]
Bitfarms Secures $300 Million to Launch Panther Creek Project
Bitfarms has secured a substantial $300 million investment from Macquarie, paving the way for its Panther Creek HPC project in Pennsylvania. This funding will bolster Bitfarms’ mining capabilities, […]
Hut 8 Forms New Mining Company with Trump Family Backing, Aims for Public Listing
Canadian bitcoin miner Hut 8 has joined forces with American Data Centers, a firm backed by the Trumps—Eric and Donald Jr.—to launch a new mining company, American Bitcoin. […]