Bitcoin has reached a new all-time high in its computational power, or hashrate, exceeding the 1 Zetahash per second (ZH/s) mark. This milestone signifies a significant increase since […]
Bitcoin Mining Difficulty Reaches Record Highs, Driving Network Security and Potential for Future Price Growth
Bitcoin mining difficulty has surged to new heights, signaling a robust network security protocol while potentially impacting future price trends. This upward trend in the Bitcoin Hash Rate […]
Bitfarms Secures $300 Million Debt for AI and HPC Expansion
Bitfarms has secured a significant $300 million loan from Macquarie Group to fuel its expansion into high-performance computing (HPC) and artificial intelligence (AI). This move aligns with the […]
Solo Miners Strike Gold: One Bitcoin Block Worth $259,000 Earns Attention
A lone Bitcoin miner defied the odds and mined a record-breaking block worth approximately $259,637, showcasing a resurgence of solo mining activity. This recent achievement highlights a growing […]
Bitcoin Mining Difficulty Soars to Record High: A Bullish Signal for the Network
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, […]