Bitcoin mining difficulty set to hit record high today amid US miner scrutiny
Bitcoin’s mining landscape is poised for another challenge as mining difficulty is set to rise by nearly 8% today, Feb. 15. Data from CoinWarz shows that this increase, which is…
Bitcoin miners to get instant non-custodial rewards via Lightning Network
Enterprise Bitcoin mining pool company Titan Mining has announced Titan Lightning, intending to transform how Bitcoin miners receive rewards by empowering miners with near-instant access to their earnings. Using the Lightning…
Why Grayscale says this one’s different
The countdown to Bitcoin’s highly anticipated halving event is on, with fewer than 10,000 blocks left as of Feb. 12. According to the Bitcoin Halving Clock, approximately 9,843 blocks remain…
Australian Bitcoin miner Iris sets 20 EH/s hash rate target as US mining falters
Australian Bitcoin mining company Iris Energy has outlined ambitious plans to ramp up its hash rate to 20 exahashes per second (EH/s) by the latter part of this year, as…
CleanSpark announces acquisition of four Bitcoin mining facilities
Bitcoin mining firm CleanSpark said that it will acquire four new mining facilities in a press release published on Feb. 6. The company said it has entered definitive agreements to…
Bitcoin miners slam US government planned survey as ‘Operation Chokepoint 3.0’
The U.S. authorities’ planned survey of Bitcoin miners’ electricity usage has drawn steep criticism from the mining community, describing it as the genesis of “Operation Chokepoint 3.0.” Miners criticize the…
Bitcoin mining difficulty hits new ATH after record 7.3% spike
Bitcoin mining difficulty has surged to a new all-time high, reaching 75.50T at block height 828,576 on Feb. 2, less than a month after its previous record-setting increase on Jan.…
US to launch survey on cryptocurrency miners’ energy consumption
The United States, through the Energy Information Administration (EIA), will start collecting data about cryptocurrency miners’ energy consumption rate within the nation starting next week. On Jan. 31, the EIA…
Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic Digital
Hut 8 has formalized a comprehensive four-year partnership with Ionic Digital Inc., encompassing end-to-end managed services across all of Ionic’s Bitcoin mining operations. This move was announced on Feb. 1,…
Marathon vs Riot: Analyzing the true cost of mining 1 bitcoin
Bitcoin mining is the cornerstone of the crypto industry and the crypto market. At its core, the profitability of mining comes down to a single, crucial metric — the cost…