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#bitcoin mining
49 articles found
Latest
Record-High Profits for U.S. Miners
Bitcoin mining remains highly lucrative, with profitability on the rise, as noted in JPMorgan’s latest report. The network’s hash rate, an indicator of overall computational power for BTC mining, has grown by 5% since November 2024, pointing to increasing interest and competition in the sector.
Swiss Canton of Bern Explores Bitcoin Mining Opportunities
The parliament of Switzerland's canton of Bern will prepare a report on the feasibility of Bitcoin mining, despite objections from the executive branch.
MARA Closed Its $1B Convertible Debt Round to Acquire Bitcoin
Marathon Digital Holdings (MARA) raised $1 billion to buy Bitcoin. In a November 21 announcement, the company focused on Bitcoin mining and digital asset computing said they had closed their 0% convertible senior notes offering due 2030.
Deutsche Telekom to Use Excess Energy for Bitcoin Mining
German telecommunications company Deutsche Telekom is testing Bitcoin mining infrastructure using surplus energy.
Michael Saylor Predicts 99% of Bitcoin Will Be Mined by 2035
Michael Saylor, the CEO of MicroStrategy, made a bold prediction about the future of Bitcoin mining.
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TeraWulf to Launch New Bitcoin Mining Facility
TeraWulf, a mining company, is set to launch a new Bitcoin mining facility named WULF Den by the end of September 2024. This facility will be equipped with a liquid cooling system and will deliver a minimum of 2 MW of power, substantially increasing the company's total output.
Swan Bitcoin Steps Into Mining Ahead of Halving
Renowned cryptocurrency service Swan Bitcoin has been engaging in Bitcoin mining for a year, achieving notable success.
Mining to Solve the Freshwater Crisis
Bitcoin mining is often lambasted for its hefty energy demands. Yet, this process could surprisingly counter the global shortfall in drinking water. American corporations are set to validate this claim by delivering fresh water to urban centers in the UAE.
Bitcoin Mining: Can We Quench Its Thirst Without Drying Out?
Beyond the steep electricity bills, Bitcoin mining harbors another environmental cost: substantial water consumption. Recent research reveals the significant amount of water resources required for mining bitcoins.
Bitcoin Mining: A Beginner's Guide
Breaking it down: What is mining and why do miners matter? Does Bitcoin mining harm the environment? What is a hash rate and why does it matter? How to mine Bitcoin in 2023?
Riot Platforms Sets Sights on More BTC with $500M Fund
Bitcoin mining heavyweight Riot Platforms has revealed its intention to issue $500 million in convertible notes, with the proceeds largely going toward purchasing Bitcoin.
How BTC Can Strengthen the U.S. Economy: MARA Holdings’ Vision
Bitcoin mining company MARA Holdings is urging U.S. policymakers to take bold steps to secure the nation’s dominance in cryptocurrency mining. The company has outlined a comprehensive government strategy for blockchain and cryptocurrency technology to achieve this goal.
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Galaxy Pivots BTC Mining Assets Toward AI Computing
Faced with mounting competition in Bitcoin mining, Michael Novogratz’s Galaxy Digital is redirecting its focus. The company is now eyeing alternatives that could promise higher revenue streams.
BTC Mining Difficulty and Network Hashrate Hit New Records!
Bitcoin’s mining difficulty increased by 3.9%, reaching a new all-time high. According to Mempool data, the seven-day moving average of the network hashrate also reached a record level.
Japanese Show Interest in Eco-Friendly Bitcoin Mining
Japanese company Agile Energy X started using surplus renewable energy for Bitcoin mining. According to company president Kenji Tateiwa, this initiative will help balance supply and demand in the energy grid while boosting the popularity of green energy sources.
Flexible Mining Companies: A New Investor Focus?
Bernstein analysts report a growing investor interest in Bitcoin mining companies that are shifting their focus to the artificial intelligence (AI) and high-performance computing (HPC) sectors.
Bhutan Turns to Bitcoin Mining in Hope of Economic Miracle
The Bhutanese government is investing in a major mining enterprise, aiming to forge a better future for its citizens in this economically challenged Asian country.
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Indonesian Miners Charged with Electricity Theft
In Indonesia, miners were found illicitly connecting their Bitcoin mining rigs directly to the power grid poles, effectively stealing electricity. Law enforcement revealed this information after conducting multiple raids across various sites.
Marathon Digital Boosts Its Mining Operations
Marathon Digital (MARA), a leading public Bitcoin mining company, has finalized a deal to acquire two mining facilities with a combined capacity of 390 megawatts for $179 million from Generate Capital's subsidiaries. This acquisition is set to boost MARA's self-operated production capacity from a mere 3% to a substantial 45%.
First Mining Pool Celebrates Another Year Today!
The 27th of November 2010 marks a significant milestone in cryptocurrency history – the launch of the very first Bitcoin mining pool, Slush Pool. It was a pivotal moment that rallied the most ardent crypto enthusiasts. Let's revisit how it all started.
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