Rosseti, Russia’s largest power grid operator, is exploring crypto mining operations at its underutilized power centers and aims to become a coordinator for mining infrastructure deployment across the country, according to state news agency TASS. “The Rosseti Group is the…
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin’s total hash rate – a significant jump from 21% in 2023. IREN, CLSK, RIOT, and MARA achieved more…
The year 2024 saw the Bitcoin mining industry record significant developments and historic milestones. According to a report by the Bitcoin mining entities NiceHash and Digital Mining, 2024 was a record-breaking year for the promising industry. NiceHash and Digital Mining…
Bitcoin’s network has seen a noticeable shift in its computational capacity, shedding around 44 exahash per second (EH/s) in the past four days. The network’s hashrate, which reached a peak of 824 EH/s, has now settled at 780 EH/s, based…
U.S.-listed bitcoin (BTC) miners accounted for 25.3% of the global network in December, Jefferies said in a research report on Thursday. The bank cut its price target for MARA Holdings (MARA) to $20 from $24, while maintaining its hold rating…
A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. Bitdeer’s latest mining and operational update showed that its self-mining output in Dec. 2024 was 145 BTC, a…
In 2024, Bitcoin mining saw big advancements and tough challenges. Miners adopted new technology, used renewable energy, and even expanded into fields like AI. However, high energy costs, stricter regulations, and illegal activities showed there’s still work to do as…
Despite the decline in BTC mining output, Bit Digital increased its BTC and ETH holdings through diversification in both assets. Bit Digital, a bitcoin mining firm produced 32.4 BTC in Dec. 2024, a 27.8% drop from the previous month. This…
Perhaps the best way to decentralize the Bitcoin network is through home mining, and things are trending in the right direction. Yesterday, Solo Satoshi announced the Bitaxe Touch, the latest device in the world of home bitcoin mining. This new…
In a latest development, – CleanSpark Inc, America’s Bitcoin Miner announced a significant milestone, achieving over 10,000 bitcoins in its treasury, all self-mined exclusively from its U.S.-based mining operations. Notably, Zach Bradford, Chief Executive Officer and President of CleanSpark remarked…