Bitcoin Mining Difficulty Hits Record High
The mining difficulty of the world’s largest cryptocurrency, Bitcoin has reached a lifetime high of 29.79 trillion. Bitcoin has withstood an onslaught of sellers as it calmly rose to $39k…
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Riot Blockchain To Build a Private Electricity Station For its Bitcoin Miners
Bitcoin mining is a very energy-intensive activity, but that won’t be a problem for Riot Blockchain Inc. This U.S. mining company decided to create its own electrical substation in Texas…
Texas’ Fort Worth Becomes the First US City that Mines Bitcoin
Fort Worth, in crypto-friendly Texas, will start mining bitcoin by using three Bitmain Antminer S9 mining rigs donated by the Texas Blockchain Council. The mayor believes the operational cost could…
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services…
Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the…
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to…
City of Fort Worth votes in favor of Bitcoin mining program
"We are going to become the first city in the world to mine Bitcoin here on site at city hall," said Fort Worth Mayor Mattie Parker.
Sustainable energy usage for BTC mining grows nearly 60% in a year
The latest Bitcoin Mining Council report showed that the mining industry is rapidly adopting sustainable energy sources to secure the largest crypto blockchain.
US Crypto Mining Company Plans to Sell $30M Worth Equipment in Russia to Dodge Sanctions
With the West leading the fight with sanctions, a US-based company – Compass Mining – is planning to sell around $30 million in Bitcoin mining equipment located in Siberia. The…
Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S.…
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