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Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility

Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining…

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Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy

According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co. (TEPCO) has taken an innovative step into the world of…

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Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone

After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is…

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3 Reasons Why Bitcoin’s (BTC) Price Could Rebound in September: Details

TL;DR Bitcoin’s recent downtrend could soon give way to a renewed rally due to emerging positive signals. On the other hand, some indicators suggest the market correction might not be over…

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Bitcoin Miner Iris Energy Increases Mining Output by 10%

Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The improvement is attributed to higher operational efficiency and reduced electricity…

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Academic Paper Demonstrates Bitcoin Mining’s Potential to Mitigate Methane Emissions

Researchers Murray A. Rudd, Matthew Jones, Daniel Sechrest, Daniel Batten, and Dennis Porter have unveiled a new study showcasing a cutting-edge framework that fuses landfill gas-to-energy (LFGTE) systems with bitcoin…

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ADA in, XRP Out: These 3 Cryptocurrencies Have the Highest Rise in Social Volume

TL;DR Cardano (ADA) was among the cryptocurrencies experiencing the highest increase in social volume at the start of this week. Ripple (XRP) and Solana (SOL), which were previously trending, did…

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Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low

Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low…

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