Tag: bitcoin mining

BlockFi has received the bankruptcy court's approval to set up the auction for its crypto mining business. The bidding process will conclude by 20 February and all deals will be subject to approval from the court.

After Kazakhstan forced out Bitcoin mining operations, the majority of global hash rate is now produced with clean energy.Kazakhstan was, at its height, the second-largest Bitcoin mining nation on earth. Then, within a year, it capitulated. While mainstream news commentators were quick to pick through the reasons for why...

In Pennsylvania, the first nuclear mining center in the United States has been finally completed. A 48-megawatt nuclear-powered bitcoin mining center is set to open on a massive 1,200-acre campus in the United States. The 300,000-square-foot facility is set to revolutionize the way bitcoin is mined, as it harnesses the power of nuclear...

Bitcoin (BTC) Miner Activity: The ongoing Bitcoin (BTC) rally is strongly supported with similar sentiments in the form of on chain indicators. The positive sentiment is so deeply playing out in the market that even the miners are reluctant to sell their BTC holdings. This could well be a massive bullish sign for potential upside The post Bitcoin (BTC) Miner Selling Hits 3...

Positioning bitcoin mining with carbon-free sources, like nuclear energy, offers enormous benefits to the cryptocurrency industry as digital assets grow in popularity, acceptability, and engagement with the broader economy. World Nuclear News reports that Cumulus Data, a subsidiary of independent power producer...

Cumulus Data, a division of independent power producer Talen Energy and maker of zero-carbon data centers will apparently be the first nuclear-run Bitcoin mining company to begin operations in the United States. The powered shell for Cumulus Data's first data center powered by a 2.5-gigawatt nuclear power plant has reportedly been completed. Cumulus Data is […] The post...

Mining Bitcoin has gained excessive popularity in the past few years cryptocurrency continues to become popular. The first nuclear-powered data center in the United States, which will house Bitcoin mining...

Many investors are familiar with trending blockchain and crypto stocks. Many companies have incorporated blockchain into their businesses or benefited...

Data shows the Bitcoin mining difficulty has risen by 10% in the latest network adjustment and has set a new all-time high. Bitcoin Mining Difficulty Sets New ATH Of 37.59 Trillion The "mining difficulty" is a feature on the Bitcoin blockchain that controls how hard miners currently find it to mine on the network. The...

A look ahead at what’s in store for bitcoin in the coming year. We analyze seven aspects of what might impact the bitcoin price in 2023.The below is an excerpt from a recent year-ahead report written by the Bitcoin Magazine PRO analysts. Download the entire report here....

Northern Data (XETR:NB2), a publicly-listed provider of High-Performance Computing (HPC) solutions from Germany, has published its mining division Bitcoin (BTC) production numbers for December and 2022. Additionally, the company forecasted an annual revenue in the...

Argo Blockchain (NASDAQ:ARBK), a publicly-listed crypto mining company, published its December 2022 operational update on Wednesday,...

Core Scientific, a publicly-listed crypto mining company, was able to increase its Bitcoin (BTC) production in December 2022,...

Multiple local governments across Canada have started to make life much harder for bitcoin miners.North America became the leading hub of bitcoin mining activity after China’s abrupt ban in May 2021. While the United States has grabbed most of the news headlines and a significant portion of investor attention,...

The collapse of two giant crypto lending businesses that also mined bitcoin yields a few interesting lessons.“Contagion” is the most popular word in crypto after the disastrous fallout of the past year. And dominos keep falling as investors painfully realize how closely intertwined the entire cryptocurrency industry is. Hundreds of billions of dollars were...

Many speculate that Bitcoin’s security will lapse with the end of the mining subsidy. But other factors will continue to incentivize miners.This is an opinion editorial by Dillon Healy, a member of the institutional partnerships team at Bitcoin Magazine and The Bitcoin Conference.A topic that has...

Data shows the Bitcoin mining hashrate has rebounded 11% since the November end lows; can the metric keep this up and set a new all-time high? Bitcoin Mining Hashrate Continues To Rise, Approaches ATH The "mining hashrate" is an indicator that measures the total amount of computing power currently connected to the Bitcoin blockchain. When this metric...

Even after Bitcoin inevitably becomes the world reserve currency and bitcoin mining solves our energy problems, governments will intervene.This is an opinion editorial by Will Szamosszegi, founder and CEO of bitcoin mining hosting service Sazmining.Money and energy are two of the most fundamental aspects of an economy because both are...

Microsoft has modified its policy terms to make it clear that mining cryptocurrencies on its online services are not permitted...

The utility firm of Japan, Tokyo Electric Power Grid (TEPCO), is working with TRIPLE-1. Bitcoin mining and to capitalize on the excess power in its grid is the aim. TRIPLE-1 is a local hardware manufacturer....