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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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Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase

This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this…

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Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024

Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second (EH/s) of Bitmain’s S21 XP Antminers, positioning the bitcoin mining company to reach 30…

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Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints

Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to…

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