Mining

Greenidge Generation Holdings has successfully wiped out $21.8 million in secured debt and divested its South Carolina bitcoin mining facility to NYDIG. The firm detailed that the move enhances Greenidge’s financial stability and…
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Tether Holdings Ltd., the issuer of the leading stablecoin in terms of market value and trade volume, is poised to become a formidable player in the mining industry, as revealed by its CEO, Paolo Ardoino. On Thursday, Ardoino announced the…
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On Wednesday, crypto analyst Chris Blec highlighted that Bitcoin’s two major mining pools now control over half of the network’s total hashrate. Blec posits this dominance could transform bitcoin mining into an industry adhering…
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India's Supreme Court has turned away a petition that sought to direct the government and relevant authorities to frame guidelines for regulating the trading and mining of cryptocurrencies.
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On Tuesday, Hive Digital, a bitcoin mining company based in Vancouver, revealed its acquisition of 4,800 Bitmain S19k Antminer mining rigs. Hive stated that this purchase is intended to strengthen the firm and strategically position it for…
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On Sunday, November 12, 2023, Bitcoin’s difficulty metric climbed 3.55%, reaching a new peak of 64.68 trillion at block height 816,480. This adjustment marks the fifth consecutive rise in the network’s difficulty since…
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The next generation of Scrypt mining performance and efficiency comes from Lokotech, a Norwegian company, that has opened pre-orders for their Lokotech Hashblade Scrypt ASIC boards offering about 2 GH/s mining hashrate at just 145 Watts of…
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Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year.
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The miner sees yearly mining power guidance exceeding/TKTK 23 EH/s this year.
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As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily earnings for every petahash per second (PH/s) as of November 5. A mining device capable of 200 terahash per…
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