Bitcoin Miner Iris Energy Expanding Capacity in Pivot to AI
Bitcoin mining firm Iris Energy has announced plans to expand its hash power as mining itself continues to become increasingly challenging.
Russia Warms Up to Industrial Crypto Mining, Energy Ministry Urges Lawmakers
The Ministry of Energy of the Russian Federation is pushing lawmakers to acknowledge cryptocurrency miners as energy consumers and enact regulations. According to local reports, the next step in the…
Bitcoin miners affected as network difficulty reaches
Bitcoin miners ride a rollercoaster of challenges. Surging outflow and declining revenue add to their woes amidst a bearish trend and rising network difficulty.
Bitcoin Records Over 12 Million Ordinal Inscriptions, Miners Accumulate $46 Million as BRC20 Market Cap Declines
As of June 18, the latest figures reveal over 12.49 million Ordinal inscriptions have been recorded on the Bitcoin blockchain. The inscription trend has yielded substantial gains for bitcoin miners,…
Bitcoin Mining Difficulty Breaks Records Amidst Industry Challenges
In the midst of the turbulent circumstances faced by the digital asset industry, one particular cryptocurrency stands out.
Binance launches Bitcoin mining cloud services amid SEC crackdown in the US
Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and electricity costs at $1.17 and $9.558 respectively.
Chinese miners try livestream sales to shift coal glut
On China’s frenetic and hugely popular retail livestreams, glamorous hosts sell goods ranging from shoes and lipsticks to baby products and, increasingly, truckloads of sulphurous coal.
Solo Miner Beats The Odds, Wins $160K In Bitcoin Block That Would Have Ordinarily Taken 450 Years
In the latest chapter of the ongoing story of solo Bitcoin (CRYPTO: BTC) miners’ success, another one has mined a block for the third time since January. What Happened: With…
Latam Insights — Volcano Energy Bitcoin Mining Project Rises in El Salvador, Venezuelan Miners Leaving Amidst Crypto Corruption Probe
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Volcano Energy rises in El Salvador, Venezuelan bitcoin…
Renewable Bitcoin Mining Project Tweaks Bukele’s Bonds Proposal To Raise $1B
Volcano Energy is set to get $1B in investments by relaunching Bukele’s bitcoin bonds strategy. This is the first joint venture to boost Bitcoin hashrate in El Salvador.
