Mining
It’s what every Bitcoiner dreams of: buying a cheap hobby miner, processing a block with little effort (or energy), and taking home the jackpot. And that’s what initially appeared to happen this week, when journalist Pete Rizzo flagged on X (formerly…
A solo miner succeeded in producing the header for Bitcoin block 881423, taking the whole 3.125 BTC rewards. The miner is part of a new drive to use simple equipment to bring back retail BTC block production. A Bitcoin block at…
The news got buried in part due to Trump’s inauguration and subsequent rumblings of a Strategic Bitcoin Reserve (SBR), but developer b10c recently published research showing that F2Pool — a mining pool representing ~11% of hash power on the Bitcoin network…
Bitcoin miner Riot Platforms (RIOT) finds itself a target of a second activist investor, with Reuters reporting investment management giant D.E. Shaw as having taken an unspecified stake. The move by D.E. Shaw, which manages $70 billion in assets, comes just…
Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s Energy Economy As detailed in…
Digital Currency Group (DCG) is spinning off the self-mining unit of its Foundry subsidiary into a separate business called Fortitude Mining that will mine crypto across a range of digital assets, the company said Wednesday. What makes Fortitude Mining different is…
Leading asset manager VanEck plans to boost its investments into Bitcoin miners amid President Donald Trump’s pro-crypto push. Throughout the run-up to the 2024 presidential elections and the days that have followed, President Donald Trump has made it abundantly clear that…
Bitcoin mining difficulty has recorded its first decline in four months, marking the end of a streak that saw it rise eight consecutive times. According to data from Cloverpool, the mining difficulty fell 2.12% in its latest adjustment on January 27,…
The U.S. has added Sophgo Technologies, the AI chip firm owned by Bitmain co-founder Zhan Ketuan, to its trade blacklist. The U.S. has blacklisted Sophgo Technologies, the AI chip company founded by Bitmain co-founder Zhan Ketuan, over concerns its chips might…
Bitcoin (BTC) miners Bitdeer Technologies (BTDR), CleanSpark (CLSK) and Core Scientific (CORZ) were initiated with an outperform rating by KBW, the investment bank said in a report Monday. The three bitcoin mining companies offer varying degrees of exposure to the largest…
The publicly listed miner from Wall Street, Argo Blockchain (LSE: ARB, NASDAQ: ARBK) has secured a hosting arrangement with Merkle Standard LLC for its mining equipment in Memphis, Tennessee, while allocating additional units to its Quebec facility. Wall Street Bitcoin Miner…
Rosseti wants to play a central role in the growth of Russia’s mining industry. Key Takeaways Rosseti Group is exploring cryptocurrency mining opportunities at underutilized power centers. The company aims to coordinate mining infrastructure deployment and increase revenue and tax payments.…