Specialists from Dagenergo, a branch of the Russian state-owned company Rosseti North Caucasus, found and destroyed an underground mining farm with 135 devices. The farm operated in the basement of a residential building on Laptiyev Street in the capital of…
Recent figures indicate a downward trend in Bitcoin mining revenues, characterized by periods of heightened volatility. The hashprice—the estimated daily earnings for 1 petahash per second (PH/s) of computational capacity—has dropped 7.61% since July 27. Bitcoin’s mining difficulty currently stands…
Hut 8 (HUT) is preparing to transfer the majority of its bitcoin BTC$111,187.10 mining activities to American Bitcoin (ABTC) within the coming week, a strategic shift Benchmark analyst Mark Palmer believes could positively impact the firm’s stock valuation. Recently, Hut…
Singapore-headquartered cryptocurrency mining firm Bitdeer revealed intentions to boost U.S. production of mining equipment as profits decline. Jeff LaBerge, the company’s CFO, stated Bitdeer aims to navigate Trump-era tariff policies despite potential disruptions to its supply chain. LaBerge commended Trump’s…
Bitcoin’s mining difficulty has climbed to an unprecedented peak of approximately 129 trillion, as reported in August 2025. Simultaneously, the average hashprice hovers near $60/PH/s (Hashrate Index estimates), while U.S. importers of mining hardware confront tariffs as steep as 57.6%…
Since its inception on January 3, 2009, the Bitcoin network has processed more than 910,000 blocks, with nine prominent mining collectives accounting for 48.78% of these discoveries. Below, we outline the ten key players that have collectively contributed to mining…
With bitcoin stabilizing near the $116,000 level, the network’s computational power is steadily climbing toward unprecedented heights. Following a surge to 976 exahash per second (EH/s), computational capacity dipped under 900 EH/s within days. By Monday, Aug. 18, 2025, the…
This week, Block, Inc. (NYSE: XYZ) introduced Proto Rig, a customizable bitcoin mining solution built for longevity, alongside Proto Fleet, a no-cost open-source management system, advancing efforts to distribute control over mining technology. Unveiled at Core Scientific’s Dalton site, where…
Bitcoin BTC$118,138.81 mining profit margins climbed 2% in July as the leading cryptocurrency’s value grew 7% alongside a 5% surge in network hashrate, according to a Friday analysis by investment firm Jefferies. “Upward BTC price trends appear as a key…
Bitcoin mining companies and AI-focused data centers are increasingly competing for access to affordable and stable energy, which could lead to a resurgence of institutional investment in the mining sector over the next decade. AI data centers with significant financial…