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Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation.…

Continue ReadingBitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry

On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining…

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After Dismissing Staff, Compass Mining Deploys 25,000 Additional ASIC Miners

The American-based bitcoin miner – Compass Mining – intends to add 25,000 ASIC miners to its facility in Granbury, Texas. The deployment is scheduled for August as it will be…

Continue ReadingAfter Dismissing Staff, Compass Mining Deploys 25,000 Additional ASIC Miners

Bitcoin Goes Through Largest Negative Mining Difficulty Adjustment in Over a Year

The Bitcoin mining difficulty just went through its largest negative readjustment in over a year, declining by over 5%. The hash rate has also decreased lately, which is somewhat normal…

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