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Iris Energy’s Plan to Boost Hash Rate with Renewable Energy and New Mining Machines
Renewable energy-focused Bitcoin mining firm Iris Energy is planning to increase its total hash rate to 10 exahashes per second…
Phoenix Group’s IPO on Abu Dhabi Securities Exchange
The IPO of cryptocurrency mining and blockchain technology firm Phoenix Group saw its stock value increase by approximately 50% on…
Bitcoin Surpasses $41,000 Mark for the First Time Since April 2022
Bitcoin's value rise brings joy to investors. Miners celebrate with a significant increase in hashprice. Transaction fees rise, boosting miners'…
Strategic Merger of Major Crypto Mining Corporations to Forge a New US-Based Entity
Crypto mining companies Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) have decided to merge their operations to establish…
Transformative Merger in Crypto Mining: Hut 8 and USBTC Unite to Form New Hut
Major merger creates New Hut in the crypto world. New Hut prepares for Bitcoin halving event. Jack Dorsey invests in…
OCEAN Bitcoin Mining Pool Attracts $6.2M Investment Led by Jack Dorsey
The decentralized Bitcoin mining pool OCEAN recently raised a notable $6.2 million in a seed funding round led by billionaire…
Phoenix Group Prepares for Public Offering Amidst Market Surge
In the rising crypto markets, crypto companies continue to take noteworthy steps. Accordingly, the crypto mining company Phoenix Group announced…
Hive Digital Technologies Expands with New Data Center in Boden, Sweden
After the rise in the cryptocurrency market, good news continues to come. Accordingly, the cryptocurrency mining company Hive Digital Technologies…
A New Perspective on Bitcoin Mining: Is It More Profitable Than Buying Bitcoin?
Bitcoin mining has become a growing and popular way to invest in the Bitcoin (BTC) ecosystem, in addition to buying…
The Impact of Extreme Weather Conditions on Bitcoin Mining Efficiency and Production
A Bitcoin mining company, Marathon Digital, attributed the decline in Bitcoin mining efficiency in August to extreme weather conditions. According…
Bitcoin Mining Companies Suffer Billions of Dollars in Losses as Bitcoin Price Drops
Bitcoin (BTC) has been going through a challenging 12 months, with the leading cryptocurrency plummeting to $15,480 in the fourth…
Bitcoin Mining: Hash Rate Reaches Highest Level in 4 Months
At the time of writing, the king of cryptocurrencies is finding buyers at $26,000. However, the cumulative volume of crypto…
Bitcoin Mining Becoming Less Profitable, but Hashrate Continues to Rise
Bitcoin mining is becoming less profitable according to recent data. However, new data shows that Bitcoin mining hashrate continues to…
The Cost of Mining a Bitcoin in Different Countries: A Detailed Analysis
CoinGecko's analysis on August 17 revealed significant differences in electricity consumption for Bitcoin (BTC) mining worldwide, the largest cryptocurrency by…
Bitcoin Mining Difficulty Adjustment and Its Impact on Mining Profitability
Bitcoin (BTC) mining difficulty adjustment is known as a protocol feature created by Satoshi Nakamoto, which aims to maintain an…
What is Bitcoin Mining?
Bitcoin, powered by Blockchain, is a decentralized, peer-to-peer cryptocurrency. Introduced to the market in 2008 by an individual or group…
