Auto Added by WPeMatico

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…

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

Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million

A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95%…

Continue ReadingStudy: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million

Bitcoin ETFs Lose $105M in Outflows as Ether ETFs Snap Losing Streak

On Wednesday, spot bitcoin exchange-traded funds (ETFs) experienced $105.19 million in outflows, while spot ethereum ETFs managed to break their nine-day losing streak, pulling in $5.84 million in inflows. Spot…

Continue ReadingBitcoin ETFs Lose $105M in Outflows as Ether ETFs Snap Losing Streak

Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump

On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit…

Continue ReadingBitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump

Missouri Man Arrested for Extorting Former Employer With Bitcoin Ransom

A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne, a former core infrastructure engineer for the company, allegedly sent…

Continue ReadingMissouri Man Arrested for Extorting Former Employer With Bitcoin Ransom

Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity

Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the…

Continue ReadingBitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity

40 Nations Join US and South Korea in Combating North Korean Crypto Crimes

The U.S. Department of State and the Republic of Korea’s Ministry of Foreign Affairs co-hosted a symposium in New York City on Tuesday, focusing on protecting the virtual asset industry…

Continue Reading40 Nations Join US and South Korea in Combating North Korean Crypto Crimes