Trump-Linked Firm Boosts Dogecoin Mining as Network Difficulty Peaks
Thumzup Media Corporation, a company linked to Donald Trump Jr., has provided a $2.5 million loan to DogeHash Technologies to significantly expand its Dogecoin mining...
Tag : Mining
Thumzup, backed by Trump Jr., will add 3.500 rigs to mine Dogecoin after agreement with DogeHash
by Emily Carter
Thumzup Media buys DogeHash and 3,500 Scrypt rigs to mine Dogecoin Thumzup Media Corporation announced the purchase of DogeHash Technologies and the arrival of 3,500...
Against All Odds: Solo Miner Earns $310,000 in Bitcoin Block
by jose
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...
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...