Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced on Tuesday. Compass Mining Powers Up First Phase of 30 MW Iowa…
Bitcoin (BTC) miners' first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager…
Cryptocurrency analytics firm Alphractal announced that selling pressure from Bitcoin miners has dropped to its lowest level since May 2024. According to the company’s assessments, this decline in…
A Coinshares report predicts Bitcoin’s network hashpower will likely reach 1 Zettahash per second (ZH/s) by July 2025. Reaching 1 ZH/s signifies enhanced network security and strong miner confidence.…
Z Squared, a firm that specializes in mining dogecoin (DOGE), the dog-themed memecoin that was propelled to mainstream recognition by Elon Musk in 2021, is merging with biopharmaceutical company…
In a new report, CoinShares offers important insights into the economics of Bitcoin (BTC) mining, which is evolving following the network’s 2024 halving and hashrate increase. According to CoinShares,…
Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations of the site and energy arrangements.…
Over the past week, data reveals that the Bitcoin blockchain has witnessed the departure of nearly 100 exahash per second (EH/s) of hashrate. Much of that exodus unfolded after difficulty climbed to…
The Paraguayan Industrial Union (UIP) stated that if demand continues to rise due to the growth of bitcoin mining activities, Paraguay’s power grid could collapse as early as 2029. The union proposed…
Bitcoin’s layer 2 scaling solution, Fractal Bitcoin, significantly increased its network security by onboarding one of the largest crypto mining pools. Fractal Bitcoin (FB), a layer 2 scaling solution…