Bitcoin Mining

Crypto miners like these two work on oil and natural gas wells where excess gas is released, or flared into the atmosphere, adding carbon dioxide equivalents, particularly methane. The miners instead set up power generators that burn…

MIAMI BEACH, Florida – Bitcoin mining behemoth Marathon Digital Holdings (MARA) says it will match up to $500,000 in donations to non-profit Bitcoin research and development firm Brink, on a two-for-one basis during the Bitcoin 2023…

One of the new models, WhatsMiner M53S++, delivers 320 terahash per second (TH/s) of computing power with efficiency of 22 joules per terahash (J/T). It is more powerful than rival Bitmain's equivalent, the Antminer S19 XP Hydro, which…

Some Bitcoin industry actors are finding ways to turn the power consumption paradigm on its head. My company, Aspen Creek Digital Corporation (ACDC), is using bitcoin mining’s energy demands to stand up new renewable assets like solar,…

Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the round. Source link

Riot claims that Rhodium "deliberately miscalculated" how much in hosting fees it had to pay for Riot's hosting services. The two were supposed to share the net revenue from Rhodium's mining at the Whinstone facilities, said the lawsuit,…

Despite disappointing earnings and its fair share of operational difficulties, the CEO of Canadian Hut 8 Mining (HUT) Jaime Leverton reassured investors. The miner's gigantic stack of bitcoin, at 9,133 BTC at the end of Q1, as well as…

The miner will sell up to $100 million common shares under its ATM offering, with Canadian investment firms Canaccord Genuity and Stifel acting as agents. Each exahash of bitcoin (BTC) mining computing power will cost $30 million, so the…

On Tuesday, the transaction fees on bitcoin represented 75% of the current block reward, currently at 6.25 BTC, as opposed to the usual 2%-5%, said Tim Rainey, treasurer at Greenidge Generation Holdings (GREE). “This is approximately…

While the crypto mining industry is staring to emerge from a brutal crypto winter that saw major names like Compute North and Core Scientific (CORZ) file for chapter 11 bankruptcy protection, Hut 8 had to turn off about 8,000 machines in…