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Mining
Bitcoin’s Hashrate Hits Record 549 EH/s in Early 2024 Amid Rising Difficulty and Lower…
As the first week of 2024 concluded, Bitcoin’s hashrate shattered another lifetime high on Jan. 6, achieving…
Cipher Mining Bolsters Operations With 16,700 Bitcoin Miners From Canaan
The Nasdaq-traded mining company Cipher Mining unveiled plans to expand its Bear LLC and Chief Mountain LLC…
December 2023 Sees Record Bitcoin Mining Revenue: $1.51 Billion Amassed With Soaring…
In December, bitcoin miners garnered the highest monthly revenue of the year, amassing $1.51 billion. Additionally,…
5 Mining Pools Dominated in 2023, Discovering Over 84% of Bitcoin’s Blocks
Over the past year, statistics reveal that 54,002 bitcoin blocks have been mined from Dec. 30, 2022, to Dec. 30,…
Report: EU Represents Just 6% of Bitcoin Mining Hashrate, US Significantly Leads China
The countries in the European Union collectively account for 6% of the Bitcoin network’s hashrate while the…
Bit Mining Sells Btc.com’s Mining Operations for $5 Million
On Friday, Bit Mining Limited declared it had sold the mining pool operations of Btc.com to a Hong Kong limited…
Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May
Bitcoin miners' reserves slid to the lowest since May following a spate of withdrawals to exchanges this week, data…
Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National…
The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.Source
Study Observes Consolidation of Bitcoin Mining Rewards With Antpool
In a significant shift within the bitcoin mining landscape, Antpool’s resurgence in 2023 has marked a…
Publicly Listed Bitcoin Miners Soar in 2023 — Marathon Leads With 767% Surge
Since the year began, both bitcoin and the broader crypto economy have risen a great deal in value, with bitcoin…