Mining
Public Keys is a weekly review from Decrypt that tracks the major public cryptocurrency companies. Coinbase Convertibility Increased Cryptocurrency exchange Coinbase is raising a small amount of money for its needs – just $2 billion – through the issue of convertible…
CleanSpark is disputing the U.S. Customs Service's claim that it must pay $185 million in retroactive duties on allegedly imported Chinese Bitcoin miners in 2024. The dispute comes amid the company's record financial results. Summary CleanSpark could face a potential $185…
Key findings Next week, Block Proto Mining will introduce new Bitcoin mining chips with the aim of making mining more accessible. Block's Cash App platform has seen steady growth in the Bitcoin transaction and financial services space. Proto Mining, the Jack…
The world of cryptocurrency is constantly in the spotlight, and recent news from TeraWulf, a well-known player in the digital asset arena, has caught the attention of many. This leading Bitcoin miner recently released its second-quarter results, shedding light on the…
On Friday afternoon, after Bitcoin's hashrate reached 970 exahashes per second (EH/s) the day before, it increased even further to 976 EH/s – just 24 EH/s short of the monumental 1 zettahash per second (ZH/s) threshold. Bitcoin Mining Power Continues to…
Canaan has decided to close two of its mining locations – in Kazakhstan and an underperforming hosting site in South Texas – as part of an effort to streamline its operations. This article from Theminermag, a specialized publication for the cryptocurrency…
On Thursday, as Bitcoin rebounded from recent lows, the network's computing power reached a record high of 970 exahashes per second (EH/s). From Exahash to Zettahash: Bitcoin Approaches 1000 EH/s Bitcoin's hashrate surpassed its previous high of 946 EH/s, setting a…
The global cryptocurrency scene is constantly filled with news about market fluctuations and technological breakthroughs. However, every now and then, the financial achievements of various companies take center stage, demonstrating clear success. Recently, Hut 8 , a significant player in the…
New tariffs imposed by US President Donald Trump are shaking up the country's Bitcoin mining industry. Ethan Vera, COO of US-based mining services company Luxor Technology, expressed concerns that increased tariffs imposed by the White House on ASIC devices imported from…
Many people view Bitcoin as just another asset: buy it, put it in cold storage, and wait. Simple, right? This is what Bitcoin looks like from a white-collar perspective: clean, polished, and abstract. Perfect for quarterly reports and portfolio charts. But…
For those who closely follow the rapidly changing world of digital assets, fresh news from CleanSpark provides compelling evidence of the rapid growth of the Bitcoin mining sector CleanSpark . The Nasdaq-listed company just posted impressive results for July, significantly increasing…
Three months after divesting its auto finance unit to focus on Bitcoin mining, Chinese conglomerate Cango (CANG) has significantly increased its cryptocurrency mining output, indicating that its acquisition of Bitmain mining rigs is helping it expand its capacity amid growing competition…