The world of cryptocurrency mining is constantly evolving, and a recent announcement from Bitfarms highlights just how dynamic it can be. This Nasdaq-listed Bitcoin mining company has made headlines…
Financial and law enforcement authorities in Kazakhstan have unraveled a scheme to mine cryptocurrencies using illegally sourced electrical power. Losses caused by the perpetrators amount to more than…
At today’s bitcoin price and network difficulty, and with electricity costs set at just $0.02 per kilowatt-hour, a select group of mining rigs pull in serious profits—these are the top 50 machines…
The world of digital assets just got a significant shake-up! Cango Inc. (NYSE: CANG), a company traditionally known for its automotive services, has made a bold move, stepping firmly into the realm of…
New tariffs implemented by US President Donald Trump are shaking up the Bitcoin mining industry within the country. Ethan Vera, Chief Operating Officer of US-based mining services company Luxor…
Union Jack Oil plc has announced bold plans to leverage its gas reserves for Bitcoin mining. In partnership with Reabold Resources and others, the company has signed a non-binding letter of intent…
The cryptocurrency world often buzzes with news of market shifts and technological advancements. However, every so often, a company’s financial results stand out, offering a clear picture of success.…
The latest figures reveal Bitcoin’s difficulty rating notched its 11th increase of the year, rising 1.42% on Friday evening and making block rewards even harder to discover. Despite five separate…
State-owned Ethiopian Electric Power (EEP) has announced its intention to shut down all the crypto mining operations in the country. According to the body, there are plans for a gradual phase out of…
On Friday afternoon, after powering up to 970 exahash per second (EH/s) the day prior, Bitcoin’s computational force cranked even further, hitting 976 EH/s—just 24 EH/s shy of the colossal 1 zettahash…