Browsing Category
Bitcoin Mining
Marathon Digital (MARA) Mined 77% More Bitcoin (BTC) in May With the Help of Its Software
Marathon in the previous month produced markedly little bitcoin per exahash, which can be partly attributed to downtime of its mining machines. In April, Marathon mined 50 bitcoin per exahash of computing power, the least out of 14…
Bitcoin (BTC) Miners Gain More Support in Texas Legislative Session
"More miners in the program means more load can be reliably called on to help balance the grid," said Dennis Porter, who leads another industry advocacy group, Satoshi Action Fund. "We are increasing communication with the PUC and ERCOT…
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
Source link
Bitcoin (BTC) Mining Difficulty to Set New All-Time High This Week
An increase in difficulty means a decline in profitability for miners because their chances to win any single block, and bring in revenue, becomes slimmer. Marathon Digital Holdings (MARA), one of the biggest miners, noted that its…
Texas Bill That Would Limit Crypto Miners’ Participation in Cost-Saving Grid Programs Stopped…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet…
Tether Invests in Sustainable Bitcoin BTC Mining in Uruguay
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet…
Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’
The lawsuit alleges fraud, breach of contract and fiduciary duty, as well as aiding and abetting against DX Corr and its executives as well as former Coinmint employees. Coinmint is asking for “actual, compensatory and consequential…
Nvidia (NVDA) Reminds Bitcoin (BTC) Miners to Give ChatGPT-Like AI a Look
Even though most miners are not likely to repurpose their facilities for AI, "there are some miners who have always had a more diverse approach to their business operation, with high-performance compute or edge-compute services, in…
USBTC Aims to Become Bitcoin (BTC) Mining Giant After Deal to Buy Celsius Assets
Under the Celsius deal, USBTC will enter into one or more operating and services agreements to be the "exclusive operator" of the Celsius mining fleet, the miner said. On top of that, USBTC will receive a $15 million annual management…
Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners
The project, Green Proofs of Bitcoin (GP4BTC), will act as a "certification layer, that can be referenced by lots of different organizations based on what the miner wants to share," Amy Westervelt, Senior Delivery Lead and head of the…
