Three months after divesting its auto finance unit to focus on Bitcoin mining, Chinese conglomerate Cango (CANG) has significantly increased its cryptocurrency mining output, indicating that its acquisition of Bitmain mining rigs is bolstering its capacity in an increasingly competitive…
BitFuFu, a well-known company in the cryptocurrency world, recently gained public attention with an impressive announcement. The organization, which has a significant presence in Bitcoin (BTC) mining and offers services in this area, presented impressive results for July. This update…
Core Scientific shareholders are reportedly opposed to the terms CoreWeave has proposed for its acquisition of the company, arguing that the $9 billion deal does not reflect the company’s true value and puts them at a disadvantage. The Financial Times…
A group of French parliamentarians is drafting a bill that would allow excess electricity from nuclear power plants to be used to mine Bitcoin. BTC $114,486.36 , according to the latest official data. According to Le Monde, the proposed law…
Recently, an independent miner achieved a significant victory by independently solving block 907,283 and receiving a reward of $373,000 in one go. This achievement is truly impressive, considering the incredible difficulties the miner had to overcome. The probability of mining…
Privacy-focused cryptocurrency network Monero (XMR) is facing a possible dominance bid from a new blockchain project, Qubic, led by IOTA co-founder Sergey Ivancheglo (CFB). Qubic encourages CPU mining of Monero to support its token economy through an innovative system known…
Earlier this week, Wall Street bank JPMorgan made changes to its ratings and price targets for a group of bitcoin mining companies. After updating the group’s estimates to take into account second-quarter earnings, changes in network hashrate and bitcoin prices,…
Bitcoin’s computing power hit a record high of 946 exahashes per second (EH/s) on June 13, but dropped slightly to 945 EH/s on Sunday morning. As of 10:00 AM ET on Sunday, July 27, Bitcoin’s hash rate is 942.96 exahashes…
Lake Superior Academy Elementary School in Canada has filed a lawsuit against a cryptocurrency mining facility, citing noise concerns. The noise from the mining facility, located on the Mackinac Trail just seven miles south of Sault Ste. Marie, is said…
Today, July 26, 2025, the Bitcoin (BTC) network recorded a new difficulty adjustment. Although this procedure occurs weekly and the current change is insignificant, this time the oldest blockchain set three records at once. Bitcoin (BTC), the leading cryptocurrency by…