Mining
Malaysian police have busted another illegal Bitcoin mining operation, this time in the Hulu Terengganu and Marang districts in the northeast of the country. According to local news outlet Malay Mail , 45 Bitcoin mining machines worth approximately US$52,145 (RM225,000) and…
Compass Mining announced Tuesday that it has begun work on the first phase of its bitcoin mining facility in Iowa. Compass Mining Provides Power to Initial Phase of 30 MW Iowa Project The first phase of the 8-megawatt (MW) project, part…
Bitcoin (BTC) mining companies using high-performance computing (HPC) have failed to catch up with the world's largest cryptocurrency for the third month in a row, JPMorgan said in a research report published on Thursday. Some Bitcoin miners have begun to shift…
Experts say Bitcoin miners with the right infrastructure and management skills could reap significant benefits by entering the rapidly growing AI and high-performance computing data center market. According to research conducted by Galaxy Digital, with the increasing need for AI infrastructure,…
Bitcoin (BTC) miners' first quarter results could be disappointing as the hash rate, which measures the daily profitability of mining, continues to decline and trade tariffs weigh on the market, CoinShares (CS) said in a blog post on Friday. “Second-quarter results…
Cryptocurrency analytics firm Alphartal reported that pressure from Bitcoin miners has dropped to its lowest level since May 2024. According to experts, a reduction in mining pressure has historically often preceded periods of sideways consolidation or falling prices. Alphartal's statement emphasized…
A Coinshares report suggests that the Bitcoin network's computing power could reach 1 zettahash per second (ZH/s) by July 2025. This achievement of 1 ZH/s would mean increased network security and greater confidence among miners. Bitcoin Hashrate Exceeds Expectations at End…
Over the past week, data suggests that the Bitcoin blockchain has suffered a loss of nearly 100 exahashes per second (EH/s) in hashrate. Much of this loss occurred after the difficulty increased to 123.23 trillion on April 19. Will Bitcoin balance…
Bitcoin mining could begin in Mountain City as Cleanspark has received preliminary approval from local planners, which is subject to final land assessments and energy agreements. Cleanspark's Bitcoin Mining Project Moves Forward in Mountain City The Mountain City Planning Board has…
A new report from CoinShares outlines key data on the Bitcoin (BTC) mining economy as it continues to evolve following the 2024 halving and the rise in hashrate. According to data from CoinShares, the average weighted monetary cost of mining Bitcoin…
Z Squared, a company that mines dogecoin (DOGE), the popular dog-themed meme coin made famous by Elon Musk in 2021, is teaming up with biopharmaceutical firm Coeptis (COEP). The merger will allow the new entity to continue mining DOGE, while Coeptis'…
Bitcoin's second-layer scalability solution, Fractal Bitcoin, has significantly improved network security by partnering with one of the largest cryptocurrency mining pools. Fractal Bitcoin (FB), a layer 2 solution for the Bitcoin (BTC) network, has recently achieved a major security success. On…