Hong Kong police have detained two men on suspicion of diverting electricity from care homes for the disabled to power cryptocurrency mining machines. Police allege the pair, aged 32 and 33, used…
As neighbouring countries like Paraguay and Venezuela deal with the impact of illegal crypto mining, a man has been arrested in the state of Rio de Janeiro in Brazil on charges of siphoning off-grid…
On Wednesday, Sept. 10, data showed Bitcoin’s total hashrate climbed to 1,027 exahash per second (EH/s), notching another record high after bouncing back from a brief dip four days earlier. Bitcoin’s…
Bitmain has accused Orb Energy Co. of gross mismanagement weeks after the company filed for Chapter 11 bankruptcy. The bankruptcy filing came after Bitmain secured injunctions in a Texas state court.…
While top-tier bitcoin miners have largely paused or slowed their fleet expansions, a group of smaller competitors accelerated growth in August, posting the strongest gains in bitcoin production. This…
Introduction Mining pools have been pivotal in shaping the cryptocurrency mining landscape since Bitcoin’s early days. As mining hardware evolved from CPUs to GPUs, then to ASICs, mining pools…
An urgent spotlight has been cast on the rapidly expanding operations of prominent Bitcoin mining rig manufacturers in the United States. U.S. Republican Representative Zachary Nunn has voiced…
Crypto mining stocks jumped on Tuesday after Nebius Group announced a five-year agreement to supply Microsoft (MSFT) with graphic processing units valued at $17.4 billion. The deal, aimed at…
Nebius Group (NBIS) shares soared 47% in pre-market trading after the company said it signed an agreement to supply Microsoft (MSFT) with graphic processing units (GPUs) in a deal Reuters valued at…
A lucky solo Bitcoin miner has successfully mined a block worth over $347,000 on the world's most competitive crypto network. On Sunday, an independent miner successfully processed block 913,632 using…