In a recent post on Mempool, I analyzed how transactions are propagated when different nodes in the network use different strategies to relay data to the mempool. In this article, I will examine the peculiarities of private mempools and their…
At the time of writing, the Bitcoin network hashrate exceeds 900 exahashes per second (EH/s). According to the latest data provided by hashrateindex.com, the United States ranks first with a share of 36.025% of the total global hashrate. The US…
The Pakistani government has decided to allocate 2,000 megawatts (MW) of electricity as part of the first phase of a national plan to support Bitcoin mining and artificial intelligence (AI) data centres. According to Pakistani Finance Minister Muhammad Aurangzeb, this…
Bitcoin mining uses energy comparable to some countries. This is often seen as one of Bitcoin’s biggest downsides, as its use is harmful to the environment. However, Bitcoin advocates argue that the situation is more complex and that Bitcoin may…
Russia’s Energy Ministry is exploring the possibility of introducing incentives for the tightly controlled Bitcoin mining industry to move it to the north of the country. The move follows a ban on bitcoin mining introduced in January this year in…
Bitcoin (BTC) miner MARA Holdings (MARA) will transfer 500 BTC to broker Two Prime in order to make a profit, the companies said on Thursday. The deal will strengthen an existing partnership between the two cryptocurrency companies: SEC-registered entity Two…
Bitcoin BTC hit a new all-time high of $109,000 on Wednesday , but that doesn’t bring much relief to Bitcoin miners who were forced to sell a significant portion of their BTC holdings last month, TheMinerMag reports. The company’s latest…
Sangha Renewables, Bitcoin A $106,546.31 bitcoin mining company that aims to provide companies in the renewable energy sector with the ability to mine bitcoin began construction on its flagship 19.9-megawatt (MW) solar power plant in West Texas on Wednesday. “We…
Bitcoin Investment bank Jefferies said in a research report published on Tuesday that BTC mining profits of $106,546.31 in April declined as the network’s hashrate increased. “BTC mining profitability fell by 6.6% in April, driven by a 6.7% increase in…
Riot Platforms, Inc. (NASDAQ: RIOT), a well-known American Bitcoin (BTC) mining company, announced that it has increased its existing credit line from $100 million to $200 million from Coinbase Credit. To do this, Riot Platforms used a portion of its…