With Bitcoin remaining at around $116,000, the network’s hashrate is steadily moving towards record levels. After reaching 976 exahashes per second (EH/s), the network’s computing power dropped below 900 EH/s just four days later. As of Monday, August 18, 2025,…
In the fast-paced world of digital assets, transparency and consistent results are key criteria for investors and hobbyists alike. Greenidge Generation Holdings, a respected cryptocurrency mining company listed on the Nasdaq exchange, recently gained attention for its outstanding second-quarter results.…
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…
BtcTurk, Turkey’s oldest cryptocurrency exchange, has confirmed a security incident involving its hot wallets. Blockchain security platform Cyvers has recorded unusual withdrawals of around $48 million across the Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon networks. Most of the…