Bitcoin’s hashrate has once again reached an all-time high (ATH) this year, as the network’s processing power reached 275.01 exahash per second (EH/s) on May 2, 2022. The recent ATH follows a significant difficulty jump […]
The publicly listed bitcoin miner Riot Blockchain has announced the company has started development on a 1 gigawatt (GW) bitcoin mining facility in Navarro County, Texas. The development of 400 megawatts (MW) of capacity has […]
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth […]
Three S9 Bitcoin mining machines are going to operate 24 hours a day in a climate-controlled data center within Fort Worth City Hall. Table of Contents New York Takes Action Listen to the CoinMarketRecap podcast […]
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort […]
Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network […]
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining […]
On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round […]
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in Ukraine continue to reverberate globally […]
Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed during the Bitcoin 22 conference […]
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