Mining
Bitcoin (BTC) miners' first quarter results could be disappointing as the hash rate, which measures the daily profitability of mining, continues to decline and trade tariffs weigh on the market, CoinShares (CS) said in a blog post on Friday. “Second-quarter results…
Cryptocurrency analytics firm Alphartal reported that pressure from Bitcoin miners has dropped to its lowest level since May 2024. According to experts, a reduction in mining pressure has historically often preceded periods of sideways consolidation or falling prices. Alphartal's statement emphasized…
A Coinshares report suggests that the Bitcoin network's computing power could reach 1 zettahash per second (ZH/s) by July 2025. This achievement of 1 ZH/s would mean increased network security and greater confidence among miners. Bitcoin Hashrate Exceeds Expectations at End…
Over the past week, data suggests that the Bitcoin blockchain has suffered a loss of nearly 100 exahashes per second (EH/s) in hashrate. Much of this loss occurred after the difficulty increased to 123.23 trillion on April 19. Will Bitcoin balance…
Bitcoin mining could begin in Mountain City as Cleanspark has received preliminary approval from local planners, which is subject to final land assessments and energy agreements. Cleanspark's Bitcoin Mining Project Moves Forward in Mountain City The Mountain City Planning Board has…
A new report from CoinShares outlines key data on the Bitcoin (BTC) mining economy as it continues to evolve following the 2024 halving and the rise in hashrate. According to data from CoinShares, the average weighted monetary cost of mining Bitcoin…
Z Squared, a company that mines dogecoin (DOGE), the popular dog-themed meme coin made famous by Elon Musk in 2021, is teaming up with biopharmaceutical firm Coeptis (COEP). The merger will allow the new entity to continue mining DOGE, while Coeptis'…
Bitcoin's second-layer scalability solution, Fractal Bitcoin, has significantly improved network security by partnering with one of the largest cryptocurrency mining pools. Fractal Bitcoin (FB), a layer 2 solution for the Bitcoin (BTC) network, has recently achieved a major security success. On…
Paraguay's Industrial Union (UIP) has warned that if demand for electricity continues to increase due to the rise of bitcoin mining, the country's energy system could be at risk as early as 2029. The union has suggested considering diversifying the country's…
Galaxy Digital (GLXY) announced a strategic alliance with CoreWeave (CRWV), strengthening its ambitions in the rapidly growing field of artificial intelligence (AI) and high-performance computing (HPC) data centers. As part of the new agreement, CoreWeave will gain access to an additional…
The number of Russian regions where cryptocurrency mining is partially or completely banned is likely to grow: three more regions will appeal to Moscow to impose a ban. A government commission will consider new requests next month, but authorities have already…
Bitcoin (BTC) mining company Riot Platforms (RIOT) has signed a $100 million loan agreement with Coinbase's lending arm, using bitcoin as collateral to secure short-term funding for its continued growth. The publicly traded mining company said in a press release that…