In June, CleanSpark (CLSK) reached 50 EH/s, expanding its operations into four states in the U.S. and increasing its fleet's average efficiency to 16.15 joules per terahash (J/TH). The Las Vegas-based company mined 685 BTC last month, bringing its total…
CoreWeave (CRWV), a company developing infrastructure for artificial intelligence, has decided to buy Bitcoin. BTC miner Core Scientific (CORZ) has completed a $108,156.11 deal to acquire CORZ shares, valuing them at approximately $20.40 per share based on recent closing prices.…
GMX Exploiter Recovers $40M in Days After Hack, Token Price Soars This week, attackers exploited a re-entry vulnerability in the OrderBook contract, allowing them to manipulate short positions in BTC, increase the price of GLP, and buy it back for…
Russia is stepping up its fight against illegal crypto miners by creating a national registry of mining equipment that will help identify unreported transactions. According to local media, Russian authorities have already developed the register and distributed it to regions…
Cardano founder Charles Hoskinson estimated that the cost of electricity that Satoshi Nakamoto, the leading cryptocurrency's mysterious co-founder, spent to mine 1 million BTC would have been less than $3,700. Hoskinson presented three different scenarios that demonstrate how much electricity…
Bitcoin's hashrate continues to grow, adding 88 exahashes per second (EH/s) over the past 11 days after dropping to 810 EH/s on June 24. At the same time, miners are seeing an 11.62% increase in profitability compared to the previous…