Mining
Bitcoin’s network hashrate climbed 4% during the initial fortnight of the month, reaching an average of 937 exahashes per second (EH/s), according to a Monday research note from Wall Street institution JPMorgan (JPM). Hashrate signifies the aggregate computational power dedicated to…
While cryptocurrency discussions often emphasize large-scale mining operations, occasional individual accomplishments revive the essence of decentralization. Recently, a solo Bitcoin miner overcame staggering probabilities, successfully validating a complete Bitcoin block and claiming an impressive reward. This extraordinary event unfolded on August…
This week, Block, Inc. (NYSE: XYZ) introduced Proto Rig, a customizable bitcoin mining solution built for longevity, alongside Proto Fleet, a no-cost open-source management system, advancing efforts to distribute control over mining technology. Disposable Miners Obsolete? Proto Rig Promises Decade-Long Durability…
Bitcoin BTC$118,138.81 mining profit margins climbed 2% in July as the leading cryptocurrency’s value grew 7% alongside a 5% surge in network hashrate, according to a Friday analysis by investment firm Jefferies. “Upward BTC price trends appear as a key driver…
Tajikistan seeks compensation for losses caused by unauthorized Bitcoin mining activities. The nation’s Attorney General, Khabibullo Vokhidzoda, revealed that over $3.52 million in damages were incurred during the first half of 2025 due to these operations. During a media briefing, the…
Iran’s energy challenges have intensified in recent months, with citizens pointing to cryptocurrency mining activities as a primary culprit. Growing frustrations over power shortages have sparked street protests as vocal demonstrators confront authorities. Recent accounts reveal Lake Urmia, once renowned as…
A viral headline has sparked significant buzz across cryptocurrency circles, with reports indicating Google secured an 8% ownership share in Bitcoin mining firm TeraWulf through a $3.7 billion agreement. Numerous industry observers assert this marks Google’s formal entry into Bitcoin mining…
Hive Digital Technologies announced record-breaking quarterly results for the first quarter of fiscal 2026, concluding June 30, generating $40.8 million in revenue from digital currency mining. Digital Currency Mining Revenue Experiences Significant Growth Bitcoin mining firm Hive Digital Technologies (Nasdaq: HIVE)…
Maximilian Obwexer faced a pressing challenge. His Austrian home relied on costly conventional heating oil, prompting his quest for an alternative solution. A natural innovator with a background in hydroelectric engineering, he channeled his expertise into developing a more efficient heating…
Hive Digital, formerly focused on Bitcoin mining and now transitioning into data infrastructure services, announced unparalleled fiscal first-quarter results fueled by significant expansion in high-performance computing (HPC) operations alongside sustained cryptocurrency mining activities. During Q1 of fiscal year 2026, the company…
Bitcoin mining companies and AI-focused data centers are increasingly competing for access to affordable and stable energy, which could lead to a resurgence of institutional investment in the mining sector over the next decade. AI data centers with significant financial resources…
According to Tajikistan's Prosecutor General, Habibullo Vohidzoda, unauthorized cryptocurrency mining caused damages of $3.52 million in the first half of the year. At a press conference, Vohidzoda noted that this damage was caused by the illegal use of electricity by miners,…