Mining
The Bitcoin network hashrate, a proxy for competition in the industry and mining difficulty, rose slightly in January, Wall Street bank JPMorgan (JPM) said in a research report on Monday. The monthly average network hashrate rose 1% to 785 exahashes per…
Bitcoin (BTC) mining company Bitdeer announced today that it had acquired a 101-MW gas-fired power plant near Fox Creek, Alberta, to build a “vertically integrated” BTC mining operation. “We are really excited about planting roots in Alberta, our first site in…
While bitcoin’s value slid beneath the $100,000 threshold, bottoming at $91,530 on Feb. 2, its computational muscle flexed to an unprecedented apex. Bitcoin’s Hashrate Taps an All-Time High Data from hashrateindex.com reveals bitcoin’s hashrate soared to a historic zenith of 840…
Data gathered from the first month of 2025 reveals that bitcoin mining revenue reached $1.4 billion for January, trailing last month’s figures by about $40 million. First Month of 2025—Bitcoin Mining Revenue Mirrors December’s Figures Statistics reveal that bitcoin miners secured…
January is considered the coldest month in the United States. In the first month of 2025, the country suffered an Arctic blast, causing the average temperature of states like Texas to drop as low as 11 degree celsius. Data suggests that…
Jan 31 (Reuters) – Toronto-based bitcoin miner Bitfarms (BITF.TO), opens new tab has enlisted two consultants to explore how it can transform some of its facilities to meet the growing demand for artificial intelligence data centers, it said on Friday. WHY…
Bitfinex securities is planning to issue tokenized Bitcoin Mining Note BMN2 from El Salvador under the Salvadorian law in 2025. Bitfinex’s Bitcoin Mining Note (BMN2) Bitfinex Securities lanzará importantes productos tokenizados desde El Salvador en — Paolo Ardoino 🤖🍐 (@paoloardoino)…
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…