The world of cryptocurrency mining is constantly evolving, and a recent announcement from Bitfarms illustrates this dynamic. The Nasdaq-listed Bitcoin mining firm made headlines for its significant BTC sales in the second quarter, demonstrating a strategic approach to managing digital…
Financial and law enforcement agencies in Kazakhstan have exposed a scheme for mining cryptocurrency using illegally obtained electricity. Officials say the damage caused by the criminals exceeded $16 million, noting that the electricity sold to mining farms in the eastern…
The world of digital assets just experienced a major change! Cango Inc. (NYSE: CANG), a company known for its services in the automotive industry, has made a bold move by confidently entering the world of cryptocurrency through a significant acquisition.…
Given the current price of Bitcoin and network difficulty, and with electricity costs as low as $0.02 per kilowatt-hour, a select group of mining machines are showing significant profits – here are the top 50 machines that performed exceptionally well…
The state-owned Ethiopian Electric Power (EEP) has announced its intention to halt all cryptocurrency mining operations in the country. According to the organization, amid growing concerns, it plans to phase out all cryptocurrency mining activities. Ethiopian Electric Power stressed that…
New data shows that Bitcoin's mining difficulty has increased for the 11th time this year, up 1.42% on Friday night, making it even harder to earn block rewards. Despite five separate drops, Bitcoin's mining difficulty in 2025 is still up…