Mining
Auradine’s latest bitcoin miner, a U.S.-designed ASIC chip, is making waves in the mining hardware market after tests demonstrate an efficiency comparable to Bitmain’s leading miner. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on…
Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group saw its mining revenue surge 236% in 2024, reaching $107 million as it expanded operations and navigated industry challenges,…
The publicly listed Wall Street Bitcoin (BTC) miner HIVE Digital Technologies (NASDAQ: HIVE) reported fourth-quarter revenue of $29.2 million and adjusted EBITDA of $17.3 million. While the numbers are slightly lower than in the same period a year ago, the company…
An entire Bitcoin block was apparently produced by a solo miner earlier this Monday. The miner earned a reward of 3.125 BTC (roughly $303,500 at current prices). Bob Burnett, founder, and CEO of Barefoot Mining, believes that the block was also…
Bitcoin’s computational difficulty leaped by 5.61% at block height 883,008, catapulting its measure to a historic peak of 114.17 trillion, as per the latest network analytics. Miners Brace for Heightened Challenge as Difficulty Spikes Following the successful mining of block 883,008,…
Recent shifts in Bitcoin ($BTC) miner activity have sparked attention, with many analysts pointing to this as a potential precursor to significant price movements. As evidenced by the latest data from Glassnode’s Hash Ribbon, there is a noticeable change in miner…
Bitcoin’s computational backbone has shattered records once more, clocking in at 852 exahash per second (EH/s) in February 2025, heralding the dawn of the zettahash epoch with an impending 14.8% amplification. Hashrate Hyperdrive: Bitcoin Defies Sluggish Traffic to Blast Into Uncharted…
Bitcoin (BTC) is becoming more difficult to mine after increasing competition in the past ten days. The next difficulty adjustment may make the network even more competitive. The Bitcoin (BTC) difficulty index is near an all-time high, after a small readjustment…
Russian Bitcoin miners fear exposure to sanctions as the government compiles a registry containing wallet addresses and other sensitive data. Bitcoin (BTC) miners in Russia aren’t thrilled about a new government registry that’s scooping up sensitive data, including crypto wallet addresses,…
Riot Platforms (RIOT) mined 527 Bitcoin (BTC) in January, marking its highest monthly production since December 2023 and reflecting a 2% increase from the previous month, according to Farside data. However, the broader bitcoin mining sector reported underwhelming production figures, with…
Foundry, the world’s largest Bitcoin mining pool by hashrate, has announced it’s diversifying its operations and bolstering the security Bitcoin layer-2 network Rootstock through merge mining. Merged mining allows miners to simultaneously mine two or more cryptocurrencies that employ the same…
The cryptocurrency market could see Bitcoin (BTC) price reach an unprecedented milestone of $1 million per coin by 2030, potentially matching gold’s current market capitalization of $19.3 trillion, according to a bold prediction from a prominent tech executive. Bitcoin Could Hit…