Kane Ellis used early Bitcoin mining to finance his business endeavors, which resulted in the successful release of the CarSwap app, which enables users to trade cars. Kane highlights the…
Browsing: Bitcoin Mining
Bitcoin price is in rebound mode after slightly impressive US Inflation – CPI data. Impact of general market trend and Bitcoin halving on miners explored by analysts. The selling pressure…
Amidst discussions about banning Bitcoin mining in Paraguay, one Senator has praised the industry as a “gift from heaven” to the economy. Bitcoin mining is a passive method of earning…
Block has announced an advancement in its mining technology, with the completion of a 3nm mining chip that can power the Bitcoin (BTC) mining process. The finalization of the 3…
Norway’s new law regulates crypto mining due to environmental worries, aiming to align with global climate goals. The law targets data centers facilitating mining, reflecting Norway’s commitment to responsible digitalization.…
Virunga’s Bitcoin mine aligns financial stability with environmental conservation, generating significant monthly income. The project champions renewable energy and community empowerment, showcasing a sustainable model for conservation areas. In the…
Ethiopia gears up to kickstart its $250 million data mining project. Following the approval of mining activities, Ethiopia is spearheading Bitcoin mining on a continental scale. The Ethiopian government is…
Publicly traded Bitcoin miners recorded an uptick in their stock prices on Monday as positive market sentiment spread to the crypto market, with Bitdeer leading the pack. Cipher Mining, Riot…
Bitcoin miners offloaded approximately 10,600 Bitcoins (BTC) in the last 24 hours, valued at around $455.8 million. Brokerage firm Bernstein suggests that the recent downturn in Bitcoin mining stocks presents…
Indonesia has broken the operations of illegal Bitcoin miners with 1,314 rigs. Bitcoin mining efforts is tightening amongst key players in the industry. In a move against the growth of…
The latest report discloses that Bitcoin consumes more water than New York City as 591 billion gallons are expected to be exceeded this year. In 2021, 1,600 billion litres of…
Bitcoin experts have authored a new paper that takes aim at the usually misleading and unresearched blanket claims, especially from politicians that Bitcoin is damaging the environment. Authors, including Nic…
The latest study by Cornell University has proposed that Bitcoin mining promotes renewable energy development. The study also shows that some projects across the US could benefit from Bitcoin mining…
Marathon Digital is preparing to navigate challenges upcoming Bitcoin halving might bring. The Bitcoin miner is making a push to drive greener Bitcoin mining ventures. As the Bitcoin halving event…
Tether, the company behind the USDT stablecoin, is investing $500 million in Bitcoin mining to diversify its business and become a major player in the industry. The investment includes building…
Argentinian presidential hopeful wants to use natural gas from an oil field to mine Bitcoin, a proposal that has sparked a heated debate among the crypto community. While some welcome…
Marathon Digital aims to raise $750 million for Bitcoin mining expansion after Bitcoin’s 2023 price surge. The company’s stock has gained 164% this year but is still trading below its…
BRICS has expanded from 5 member states to 11 with the new members strengthening the bloc’s security in global energy influence. It is estimated that the bloc will cover nearly…
Recent analysis shows Bitcoin surpasses Elon Musk’s threshold for Tesla to consider Bitcoin payments, with over 50% of energy miners use now sustainable. Miners relocating from China and renewable energy…
Iris Energy announces plans to enhance hash rate capacity to 9.1 EH/s by early 2024. The company is constructing 80MW of data center space as part of its expansion efforts.…