When Mike Novogratz, CEO of Galaxy Digital (GLXY), acquired the Argos Helios data center in late 2022, in the midst of the post-FTX crypto slump, the company believed it was rescuing a desperate Bitcoin (BTC) miner that was on the…
On Saturday, at block height 897,120, Bitcoin mining difficulty increased by 2.13%, reaching 121.66 trillion and slightly increasing the computational load needed to find new blocks. Bitcoin Mining Difficulty Exceeds 121 Trillion Miners now face slightly higher odds of successfully…
The Nebraska Legislature just unanimously approved a bill that would impose some restrictions on Bitcoin mining. While it doesn't impose any major bans, it does introduce new requirements, hurdles, and additional costs for mining companies. The bill isn’t a major…
On the morning of May 22, the Bitcoin rate reached a new historical maximum at $111,726 on the Binance exchange. Experts named institutional demand for the main cryptocurrency as the reason for this movement, noting the weakness of the rest…
Bitcoin showed potential to reach a new all-time high, but then pulled back to a major support level. However, the intraday gains have sparked optimism among altcoins. Maker (MKR) The price of MKR has fallen 12% over the past week,…
Bitfarms, one of the leading publicly traded Bitcoin mining companies, has suspended all operations at its mining facility in Argentina. The shutdown was prompted by a notice from energy company Generación Mediterránea SA (GMSA), which informed Bitfarms that it would…