Bitcoin mining hardware has undergone a significant transformation over the past three years, from machines generating colossal terahashes to affordable rigs with efficiencies below 20 joules per terahash (J/TH). At the World Digital Mining Summit last month, Bitmain revealed details…
On May 31, Bitcoin's hashrate reached a record high of 943 exahashes per second (EH/s), but since then, the network's computing power has decreased by more than 75 EH/s in the last few days. Bitcoin Block Time Slows Due to…
Russia's executive authorities have paused an expansion of a ban on cryptocurrency mining that could have added several more regions to the already extensive list of territories where the activity is strictly restricted. On Thursday, the government in Moscow cancelled…
Bitcoin mining company HIVE Digital Technologies (HIVE) has reached a hashrate of over 10 exahashes per second (EH/s), up 58% from April, thanks to the launch of a 100-megawatt hydroelectric project in Paraguay. In a press release on Friday, the…
At the end of 2024, Bitcoin's SHA256 consensus algorithm was the third most profitable, but as of early June 2025, it shares first place with Litecoin's Scrypt. SHA256 and Scrypt Share First Place in Mining Profitability in June 2025 On…
According to blockchain information, a Bitcoin miner received a generous reward of 3,151 BTC (or $326,337 at today's prices ) after solving one block. Block 899,826 was completed by a “solo miner”, which is quite rare. However, according to careful…