Mining
Bitcoin miner HIVE Digital Technologies (HIVE) has reached a hashrate of over 10 exahashes per second (EH/s), up 58% from April, thanks to the launch of a 100-megawatt hydroelectric project in Paraguay. In a press release on Friday, the firm said…
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. SHA256 and Scrypt Share First Place in Mining Profitability in June 2025 On December 29, 2024, Scrypt,…
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 to…
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…