Bitcoin mining stocks posted significant declines on Wednesday, with most major publicly traded firms in the space falling. Galaxy Digital Holdings, which has a market cap of $6.64 billion, has lost 11.33% of its shares on the day and 14.11%…
Bitmain has unveiled the Antminer S23 Hydro series, which boasts a performance of 580 terahash per second (TH/s) and consumes 5510 watts, making it the “most efficient” mining rig on the market. Bitcoin miner manufacturer Bitmain has announced a new…
VanEck’s head of digital asset research Matthew Siegel has called on US lawmakers to impose royalties on domestic bitcoin (BTC) mining so that the federal government can accumulate BTC for its strategic reserve. Speaking on a policy panel at the…
The Bitcoin market continues to show stability, with miner revenues increasing and exchange inflows indicating increased network activity. However, these key metrics have yet to reach the levels seen at the peaks of previous cycles. According to the latest data…
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…