In Russia, the number of officially registered miners has increased tenfold in six months, said Alexey Nechayev, head of the New People faction, at a plenary session in the State Duma on July 23, the last day of the spring…
In August 2025, Bitcoin mining difficulty reached a record 127.6 trillion, indicating continued growth in the computing power that secures the network. Despite increased technical difficulties, miners’ profits continue to rise, a rare occurrence that analysts believe could signal a…
The price of Bitcoin has been steadily rising, up about 4% over the past week, reflecting improved market sentiment and investor optimism. Let’s figure out what’s happening in the Bitcoin (BTC) market and what to expect from the cryptocurrency price.…
On August 17, a lone miner independently mined block #910,440 on the network of the first cryptocurrency, receiving 3,137 BTC (~$371,576) in rewards and fees, according to CK Pool administrator Con Kolivas. Congratulations to miner bc1q~nwsgdw0wfh4trqal69fz with 9PH for solving…
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…
Riot Platforms, a dominant Bitcoin miner, has disclosed a pivotal move. The entity offloaded 11.1 million shares of competitor Bitfarms, securing $15.1 million from the transaction. Initially revealed by TheMinerMag, this maneuver instantly drew scrutiny from market analysts and sector…
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%…