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Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs

Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in…

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Bitcoin Network Eases Up: Difficulty Falls 4.6% at Block 862,848

Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding…

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15 Years Later: Satoshi Era Wallet Moves Bitcoin Mined in Early 2009 (Data)

A dormant bitcoin whale address was reactivated earlier today, according to data from Arkham Intelligence, and has moved 5 BTC to the crypto exchange Kraken. This was their third BTC…

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Bitcoin Miners Riot and Bitfarms Reach Settlement Ahead of Shareholder Meeting

Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23, 2024. The agreement, which was filed with the U.S. Securities…

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Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1

This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this…

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860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner

Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2…

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BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy

Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its…

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Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality

The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used…

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Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities

Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected to boost the company’s current mining capacity by 5 exahash…

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