Marathon Digital’s hash rate grew by 142% in Q1 2024, driving a 223% revenue increase to US$165.2 million. Marathon Digital plans to double its hash rate to 50 EH/s by the end of 2024 through new…
This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig…
Core Scientific Bitcoin wallets have been tagged over 1,250 as part of the blockchain transparency for the larger mining operations with Arkham. On-chain activities of Core Scientific are disclosed…
Bitcoin miner Hut 8 is expanding its partnership with Bitmain to introduce a new ASIC miner with direct liquid-to-chip cooling, set to deploy in Q2 2025. Miami-headquartered crypto mining firm Hut 8…
Crypto mining equipment makers created improved machines, giving solo miners a chance to solve blocks or share rewards with larger mining pools. Technical innovations have turned the tide for Bitcoin…
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week.…
Ukraine remains among the top countries in terms of cryptocurrency adoption. How does mining work in the country during the current conflict with Russia? Analysts at the OSINT agency Molfar collected…
CleanSpark Inc. has acquired two Bitcoin (BTC) mining sites near Clinton, Mississippi, and closed on its second site in Wyoming, according to a Sept. 17 announcement. The Mississippi acquisitions…
The Bitcoin network hashrate is now back to pre-halving levels, the report said. The bank noted that U.S.-listed miners' share of the network hashrate increased for the fifth straight month to a new…
In April, pseudonymous researchers Mononaut and 0xB10C confirmed a long-held suspicion that Bitmain influenced a concerning percentage of the bitcoin mining network. Today, follow-up research confirms…