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Mining
Bitfarms Expands Mining Operations With New 100 MW Facility in Paraguay, Aiming for 21…
On Wednesday, Bitfarms, a bitcoin mining enterprise listed on the U.S. stock market, revealed the successful…
Mining Digital Gold — These Are the Most Profitable Proof-of-Work Algorithms in 2024
In September 2022, Bitcoin’s SHA256 algorithm ranked as the seventh most lucrative proof-of-work (PoW)…
Bitcoin Network’s Mining Difficulty Drops 3.9% to 70.34 Trillion, Easing Miner Workload…
On Saturday, the Bitcoin network experienced its first difficulty reduction of the year, witnessing a 3.9% decrease…
Heightened Bitcoin Fees and Erratic Mining Revenues Herald Murky Shift as Halving Nears
Recent statistics reveal that for the past 75 days, starting from Nov. 6, 2023, the average transaction fee on the…
Subzero Temperatures in Texas Impact Bitcoin Hashrate Amidst Energy Strains
As Texas grapples with unexpected subzero temperatures, the state’s bitcoin mining operations have shut down…
Bernstein Says Buy the Dip in Bitcoin Mining Stocks Ahead of BTC Price…
The broker says it prefers outperform rated mining stocks Riot Platforms (RIOT) and CleanSpark (CLSK).Source
Will the Next Bitcoin Halving Be Another Hype Cycle?
Following the launch of bitcoin ETFs, market watchers are looking for the next event that could drive market…
UAE-Based Phoenix Group Bolsters Mining Capabilities With $187M Bitmain Deal Amidst Global…
Phoenix Group, a bitcoin mining and blockchain infrastructure company, recently disclosed its acquisition of $187…
Less Than 15,000 Blocks to Halving: ETF Hopes and Ordinal Inscriptions Serve as Life…
As of Jan. 9, 2024, fewer than 15,000 blocks remain before the fourth Bitcoin halving event. This milestone will…
Cleanspark Bolsters Bitcoin Mining Might With 60,000 S21 Rig Acquisition From Bitmain
The bitcoin mining firm Cleanspark, listed on Nasdaq, recently revealed the acquisition of 60,000 S21 miners…
