Tag: mining

Reading time: < 1 minuteA single Bitcoin miner successfully mined block 860749 on Tuesday, beating out multiple powerful mining pools and receiving a reward of $181,000.

Reading time: < 1 minuteRhodium Enterprises, a Bitcoin mining company that recently declared bankruptcy, has been granted court permission to loan either US dollars or Bitcoin.

Reading time: < 1 minuteHIVE Digital Technologies has unveiled plans to construct a new 100-megawatt (MW) crypto mining facility in Paraguay.

Reading time: < 1 minuteAccording to a research report by Jefferies, Bitcoin mining was more profitable in June compared to May due to a 2% increase in the cryptocurrency’s price and a 5% drop in the network’s hashrate.

Reading time: < 1 minuteAccording to its chief strategist, Bitcoin mining company TeraWulf would consider merging with other companies if it can increase its profit margins, but not if it is solely for the purpose of expanding its empire.

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Bitcoin mining company Bitfarms saw a 21% increase in its Bitcoin production in June as it successfully defended itself against a takeover attempt by one of its main competitors, Riot Platforms.

Reading time: < 1 minuteCleanSpark, a USA-based Bitcoin mining company with a commitment to utilizing clean energy, has announced a definitive agreement to purchase five mining facilities located in Georgia.

Reading time: < 1 minuteIn an effort to expand its presence in the cryptocurrency space, T-Mobile’s parent company Deutsche Telekom has announced plans to engage in Bitcoin mining.