Mining
Russian authorities have discovered over 8,000 miners engaged in illegal cryptocurrency mining in the Siberian crypto mining hub of Irkutsk. The region has banned the activity in parts of its territory to combat growing power shortages and grid disruptions caused by…
The world of cryptocurrency mining is constantly evolving, and a recent announcement from Bitfarms illustrates this dynamic. The Nasdaq-listed Bitcoin mining firm made headlines for its significant BTC sales in the second quarter, demonstrating a strategic approach to managing digital assets…
Financial and law enforcement agencies in Kazakhstan have exposed a scheme for mining cryptocurrency using illegally obtained electricity. Officials say the damage caused by the criminals exceeded $16 million, noting that the electricity sold to mining farms in the eastern part…
The world of digital assets just experienced a major change! Cango Inc. (NYSE: CANG), a company known for its services in the automotive industry, has made a bold move by confidently entering the world of cryptocurrency through a significant acquisition. The…
Given the current price of Bitcoin and network difficulty, and with electricity costs as low as $0.02 per kilowatt-hour, a select group of mining machines are showing significant profits – here are the top 50 machines that performed exceptionally well in…
The state-owned Ethiopian Electric Power (EEP) has announced its intention to halt all cryptocurrency mining operations in the country. According to the organization, amid growing concerns, it plans to phase out all cryptocurrency mining activities. Ethiopian Electric Power stressed that the…
New data shows that Bitcoin's mining difficulty has increased for the 11th time this year, up 1.42% on Friday night, making it even harder to earn block rewards. Despite five separate drops, Bitcoin's mining difficulty in 2025 is still up 17.73%.…
Public Keys is a weekly review from Decrypt that tracks the major public cryptocurrency companies. Coinbase Convertibility Increased Cryptocurrency exchange Coinbase is raising a small amount of money for its needs – just $2 billion – through the issue of convertible…
CleanSpark is disputing the U.S. Customs Service's claim that it must pay $185 million in retroactive duties on allegedly imported Chinese Bitcoin miners in 2024. The dispute comes amid the company's record financial results. Summary CleanSpark could face a potential $185…
Key findings Next week, Block Proto Mining will introduce new Bitcoin mining chips with the aim of making mining more accessible. Block's Cash App platform has seen steady growth in the Bitcoin transaction and financial services space. Proto Mining, the Jack…
The world of cryptocurrency is constantly in the spotlight, and recent news from TeraWulf, a well-known player in the digital asset arena, has caught the attention of many. This leading Bitcoin miner recently released its second-quarter results, shedding light on the…
On Friday afternoon, after Bitcoin's hashrate reached 970 exahashes per second (EH/s) the day before, it increased even further to 976 EH/s – just 24 EH/s short of the monumental 1 zettahash per second (ZH/s) threshold. Bitcoin Mining Power Continues to…