Mining
One Bitcoin miner has independently solved a Bitcoin (BTC) block and received the full reward of $330,000. One in a million chance! According to Mempool data, a Bitcoin miner was rewarded $330,000 for a block despite the network difficulty reaching a…
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 BTC,…
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 the…
Bitcoin BTC's $106,274.90 price, which is trading at record highs, hasn't provided much benefit to tired BTC miners, but the growing energy needs of the AI industry could be a lifeline for the sector. On Monday, social media giant Meta (META)…
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 number…
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 bitcoins,…
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 many…
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 more…
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 price…
Following the consolidation of Bitcoin prices, which reached an all-time high (ATH), the network's computing power reached an unprecedented level of 943 exahashes per second (EH/s). Bitcoin Approaches Zettahash Mark Bitcoin’s global hashrate has set a new record, peaking at 943…
In an ever-changing environment where traditional industries intersect with modern digital finance, news from unexpected sources often resonates the most. This week, Cango Inc., best known as China’s leading car transaction service platform, caught the attention of the crypto community with…
The Pakistani government has just announced that it will allocate 2,000 megawatts of power for Bitcoin (BTC) mining and artificial intelligence (AI) data centers. This initiative is aimed at making Pakistan a major player on the global stage in the Web3…