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It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies…
On Jan. 2, 2025, the publicly traded company Bitfufu announced its latest strategic move, securing a partnership with Bitmain to acquire a whopping 80,000 Antminer S units from the prominent…
Much like the end of 2023, when Bitcoin broke records with its transactional volumes and hashrate, the cryptocurrency rang in New Year’s Eve with a bang. The network’s computational power…
Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event. As bitcoin’s block reward dropped from 6.25 BTC to 3.125…
Alexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s energy consumption. He stated that as the industry grows, miners…
During the opening week of the year, the Kheavyhash algorithm—used for mining kaspa (KAS)—topped the profitability charts among proof-of-work (PoW) algorithms. Fast forward to today, and Scrypt has claimed the…
Though the month isn’t quite over yet, bitcoin miners have already outperformed their November earnings, amassing $1.33 billion in December with two days still on the clock. Bitcoin Ends the…
Hive Digital Technologies, a blockchain infrastructure firm, has announced the deployment of advanced Nvidia GPUs in Quebec, marking a significant shift toward high-performance computing (HPC) and artificial intelligence (AI). From…
Last week, the price of bitcoin took a tumble, and right alongside it, the network’s computing muscle flexed down from a whopping 806 exahash per second (EH/s) on Dec. 14…
After months of turmoil and a settlement with Riot Platforms, Bitfarms’ stock performance remains disappointing. Is a rebound for $BITF overdue, or is the company slowly losing its position in…