The world of cryptocurrencies often features large mining farms, but individual successes sometimes remind us of the spirit of decentralization. Most recently, a lone miner defied fate by managing to mine an entire block of Bitcoin and receiving a significant…
This week, Block, Inc. (NYSE: XYZ) unveiled Proto Rig, a modular, long-term Bitcoin mining system, and Proto Fleet, a free, open-source management platform, marking a major step toward decentralizing both mining hardware and software. The announcement from Core Scientific, which…
Bitcoin Investment bank Jefferies said in a research report on Friday that BTC mining profits at $118,138.81 increased 2% in July as the leading cryptocurrency’s value rose 7% and the network’s hash rate grew 5%. “We believe that the positive…
According to the Prosecutor General of Tajikistan, Khabibullo Vokhidzoda, the damage from illegal cryptocurrency mining in the country in the first half of the year amounted to 3.52 million US dollars. At a press conference, Vohidzoda noted that this damage…
Under the leadership of Jack Dorsey, Block announced Proto Rig, a unique modular Bitcoin mining system designed to overcome operational challenges in the industry, and Proto Fleet, an open-source platform for managing and optimizing mining operations at both small and…
US bitcoin mining company TeraWulf announced on Thursday that it has signed two 10-year contracts to host high-performance computing (HPC) facilities with Google-backed cloud AI platform Fluidstack, which could lead to the tech giant becoming a significant shareholder. Under the…
Galaxy Digital will deploy 48 megawatts (MW) of its Bitcoin mining equipment at Soluna Holdings’ Kati 1 project site in Texas, bringing the facility’s total capacity to 83 MW. According to a report published by Bitcoin.com News, the move involves…
New tariffs imposed by US President Donald Trump are having a significant impact on the country’s Bitcoin mining sector. Ethan Vera, chief operating officer of US-based mining company Luxor Technology, said higher tariffs imposed by the White House on ASIC…
Many people see Bitcoin as just another asset: buy it, put it in cold storage, and wait. Easy, right? This is how white-collar workers look at Bitcoin: clean, sleek, and abstract. Perfect for quarterly reports and portfolio charts. But here’s…
For anyone watching the rapidly evolving world of digital assets, fresh data from CleanSpark provides compelling evidence of the explosive growth of the Bitcoin mining sector CleanSpark . The Nasdaq-listed company just reported impressive results for July, significantly increasing its…