Against All Odds: Solo Miner Earns $310,000 in Bitcoin Block
TL;DR A solo Bitcoin miner defied the odds and mined a block worth $310,000, earning a reward of 3.158 BTC. Most Bitcoin blocks are mined...
Tag : Mining
HIVE Digital Technologies Acquires Bitfarms’ 200 MW Paraguay Site
by jose
TL;DR HIVE boosts Bitcoin mining capacity: Acquires Bitfarms’ 200 MW hydro-powered Paraguay site for $85M, expanding its total capacity to 300 MW. Global hashrate projected...
Significant Shift: Bitcoin Mining Difficulty Falls Amid Price Drop
by jose
TL;DR Bitcoin’s mining difficulty decreased for the first time since September 2024, dropping by 2.12% to 108.11 trillion, as Bitcoin’s price fell below $100,000. The...
Bitcoin Hashrate Hits One Zetahash: A Leap in Network Security
by jose
TL;DR Bitcoin’s hashrate surpassed one zetahash per second for the first time on January 2, 2025, marking a significant leap in network security and resilience....
The Growth of Cryptocurrency Mining and Artificial Intelligence Puts North America’s Power Grids at Risk
by federico
TL;DR Cryptocurrency mining and AI data centers are driving a significant increase in electricity demand across North America, especially in Texas. NERC warns that this...
CleanSpark Hits Milestone as Hashrate Exceeds 37 EH/s
by jose
TL;DR CleanSpark has surpassed its 2024 operating hashrate target, achieving 37.5 exahashes per second (EH/s), driven by newly energized sites. The company plans to continue...
Hut8 to Raise $500M for Bitcoin Reserve
by jose
TL;DR Hut 8 is raising $500 million through an at-the-market offering program to bolster its Bitcoin reserves, expand mining operations, and invest in digital infrastructure....
AI Integration and Acquisitions Reshape the Bitcoin Mining Industry
by jose
TL;DR The Bitcoin mining industry is adapting to rising operational costs and the impact of the April 2024 halving, with the average cost to produce...
Bitcoin Miners Face Challenging October: Only Riot, Galaxy, and Core Scientific Post Gains
by jose
TL;DR Challenging Month for Bitcoin Miners: October was tough for Bitcoin miners, with many struggling to stay profitable despite a modest 4.5% drop in Bitcoin’s...
Bitcoin Hashrate Hits All-Time High Amid Bearish Market Conditions
by jose
TL;DR Record-Breaking Hashrate: The Bitcoin network’s hashrate hit an all-time high of over 742 exahashes per second on September 11, showcasing increased computational power despite...
