Mining

Russian authorities seized 238 illegal cryptocurrency mining rigs in the Irkutsk region. The illegal mining activities caused significant damage to the electrical grid, leading to criminal charges…

The Bitcoin network hash rate reached a new all-time high on September 3rd, surpassing 740 exahashes per second (EH/s). This comes even as Bitcoin prices trade below $60,000. JUST IN: #Bitcoin's hash…

August 2024 was the month with the lowest revenues for Bitcoin mining of the entire year. Indeed, it is necessary to go back even to September of last year, when the price of BTC was below $30,000,…

Much like hopeful lottery players who play despite knowing the odds are stacked firmly against them, there are still bitcoin miners who refuse to join a conventional mining pool. Defiant, they choose…

Wall Street Bitcoin (BTC) miners faced their toughest month of the year in August, with revenues plummeting to levels not seen since September 2023. The downturn highlights the growing challenges in…

Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen…

IREN (NASDAQ: IREN) just became yet another publicly-listed Bitcoin (BTC) miner from Wall Street, which significantly increased its revenue over the last year, benefiting from higher cryptocurrency…

On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin…

Genesis Digital Assets (GDA), one of the world's largest Bitcoin mining companies, has announced plans to expand its recently launched Texas data centre to 400 megawatts. The ambitious phase two…

Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30…