Bitcoin breaks key support level to trade below $27k. U.S. Federal Reserve Chair Jerome Powell has hinted that the Central Bank could be forced to ease back...
Mining News
Bit Digital to Expand Bitcoin Mining to Iceland Amid US Regulatory Pressure
Amid growing regulatory pressure and a proposed cryptocurrency mining tax in the United States, New York-based Bitcoin (BTC) mining company Bit Digital is...
U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs
U.S. Bitcoin Corp (USBTC) has signed multi-year agreements to host 150,000 bitcoin mining machines with major firms including Marathon Digital Holdings...
Bitcoin Mining Difficulty Hits All-Time High, But BTC Price Drops to Local Lows
The Bitcoin network now has the highest level of difficulty ever. The United States regulatory crackdown, however, has caused asset prices to decline.
Mississippi Senate Passes Bill to Legalize Crypto Mining
By prohibiting discriminatory energy rates for mining companies, the Mississippi bill on digital asset mining makes this practice unlawful.
Bitcoin Miners Chart An Uncertain Path in 2023, But Opportunity Calls
Glyn Jones, the founder and CEO of Icebreaker Finance, a specialist capital advisory company with a focus on private credit, DeFi, and Bitcoin mining, has written the following opinion piece.
Hut 8 to Merge With Rival Cryptocurrency Mining Firm US Bitcoin
According to a press release released on February 2, two well-known Bitcoin mining companies, Hut 8 and US Bitcoin, have declared a merger. 7.
Core Scientific Offloads 27,000 Mining Rigs to NYDIG to Cover $38M Loan
In order to pay back a $38.6 million loan, insolvent cryptocurrency miner Core Scientific would transfer ownership of 27,403 mining machines to cryptocurrency lender NYDIG, according to a Feb. 2 court filing.
Texas BTC Miners Face More Problems After Another Storm Hit the State: Report
A blizzard that tore through the area is said to have severely disrupted the operations of bitcoin miners in Texas.
They had to turn off their equipment due to the severe weather in order to protect the regional power grid.
Bitcoin Mining Infrastructure Startup Giga Energy Raising $10 Million in Series A
Giga Energy, a bitcoin mining infrastructure startup focused on utilizing wasted natural gas as a power source, is raising $10 million in Series A funding.
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Bit Digital to Expand Bitcoin Mining to Iceland Amid US Regulatory Pressure
Amid growing regulatory pressure and a proposed cryptocurrency mining tax in the United States, New York-based Bitcoin (BTC) mining company Bit Digital is expanding its infrastructure in Iceland, placing as many as 2,500 newly bought mining machines there....
U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs
U.S. Bitcoin Corp (USBTC) has signed multi-year agreements to host 150,000 bitcoin mining machines with major firms including Marathon Digital Holdings (MARA), the firm told CoinDesk. The deals showcase the apparent rebound in the mining industry, which is trying to...
Bitcoin Mining Difficulty Hits All-Time High, But BTC Price Drops to Local Lows
The Bitcoin network now has the highest level of difficulty ever. The United States regulatory crackdown, however, has caused asset prices to decline.
Mississippi Senate Passes Bill to Legalize Crypto Mining
By prohibiting discriminatory energy rates for mining companies, the Mississippi bill on digital asset mining makes this practice unlawful.
Solo Mining VS Pool Mining: Which Is Better?
Solo Mining vs. Pool Mining: Which is better? Weigh the pros and cons of autonomy, rewards, consistency, and control for your cryptocurrency mining endeavors.
Ethereum Solo Mining: Complete Guide 2023
Another cryptocurrency using public blockchain technology is Ethereum, which is similar to bitcoin. Similar to Bitcoin, Ethereum is continuously mined to generate rewards in the form of Gas fees, transaction fees, and block rewards by a number of miners around the world.
What Is Bitcoin Mining Container? How Much Does It Cost?
One solution that has grown more effective in reducing both the amount of electricity drawn from the primary utility grid and the cost of electricity for end users who are mining cryptocurrencies is the use of bitcoin mining containers.
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