In 2024, Bitcoin’s SHA256 consensus algorithm was ranked third in profitability, but as of early June 2025, it shares first place with Litecoin’s Scrypt. On December 29, 2024, Scrypt, the mining algorithm for litecoin (LTC) and dogecoin (DOGE), firmly took…
According to the blockchain information, a Bitcoin miner received a significant reward of 3,151 BTC (equivalent to $326,337 at current rates ) after processing one block. Block 899,826 was mined by a “solo miner”, which is quite rare. However, according…
One Bitcoin miner has independently solved a Bitcoin (BTC) block and received the full reward of $330,000. According to Mempool data, a Bitcoin miner was rewarded $330,000 for a block despite the network difficulty reaching a record $126.98 trillion. The…
Bitcoin mining company BitFuFu set a new record in May, increasing its hashrate to 34.1 exahash per second (EH/s) and mining 400 BTC, a 91% increase from April. Most of this volume came from cloud mining clients, who produced 357…
MARA Holdings (MARA) Announces Mining of 950 Bitcoins Last month, BTC reached $105,571.16 , its highest level since January 2024 and 35% higher than April. In doing so, it set a new record by winning 282 blocks, up 38% from…
Bitcoin mining company MARA Holdings (MARA) mined 950 BTC in May, up 35% from the previous month and the highest since the April 2024 Bitcoin halving, the company said on Tuesday. The organization also set a new record for the…
Bitcoin mining firm Riot Platforms (RIOT) reported a significant increase in production in May on Tuesday, with 514 BTC mined, up 11% from April and 139% from the same month last year. The firm sold nearly all of its new…
Do you remember when Elon Musk crashed the Bitcoin price by tweeting that Tesla would stop accepting it due to environmental concerns, and everyone was concerned about the negative impact of mining on the environment? That happened in 2021, and…
Riot Platforms (RIOT) has made the decision to hire industry veteran Jonathan Gibbs as its director of data centers, representing a strategic move for the bitcoin miner to expand beyond cryptocurrency and into the broader data infrastructure sector. Gibbs has…
The combined market capitalization of 13 miners listed on a U.S. exchange and monitored by JPMorgan increased by nearly 20% in May as the price of bitcoin According to a research report from the bank published on Monday, the BTC…