Iran has faced major power blackouts in its capital, Tehran, and neighboring provinces throughout October and November. While officials cite various causes, crypto mining has emerged as a significant contributor to the power crisis. With the lowest estimated cost of…
A recent report by JPMorgan reveals that Bitcoin miners are increasingly shifting their strategies towards accumulating Bitcoin (BTC) rather than liquidating their holdings. This trend is driven by the pressures of the recent BTC block reward halving and a rising…
We’ll provide you with several useful resources that will show you how to mine Filecoin. We didn’t attempt to provide a comprehensive guide to mining Filecoin, as the topic is very complex and the official Filecoin documentation is a better…
Activist investor Starboard Value has made a large investment in bitcoin miner Riot Platforms (RIOT) and is pushing for changes in the company’s business model, The Wall Street Journal reported, citing people familiar with the matter. Starboard has been pushing…
Bitcoin miners have reached a monumental milestone, earning a cumulative $71.49 billion, according to Glassnode. On Dec. 5, after 5,256 trading days, the Bitcoin price crossed $100,000 for the first time, and the market capitalization briefly surpassed $2 trillion. According…
Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt’s Whatsminer application-specific integrated circuit (ASIC) bitcoin mining rigs worth $93.2 million and an option…
Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines during the Bitcoin MENA Conference in Abu Dhabi. The fresh lineup, unveiled in a press release shared with theminermag.com, features…
Illegal cryptocurrency mining has become a significant issue in Paraguay, prompting concern among energy regulators. According to the National Electricity Administration (ANDE), this illegal activity is primarily responsible for rising electrical losses, which have now surpassed 28%. As the popularity…
Binance Pool has officially launched Luckycoin (LKY) merged mining, which allows miners to mine Litecoin (LTC) while earning rewards in LTC, Dogecoin (DOGE), Bellscoin (BEL), and Luckycoin (LKY). Binance is offering zero pool fees for Luckycoin mining during a limited…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. MicroStrategy has bought more bitcoin, and an analyst team has upped its Coinbase stock price target. But first a look at bitcoin miners, which are increasingly…