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860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner

Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2…

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Bitcoin’s Computational Power Falls 9.95% After Record Hashrate

Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week.…

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Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities

Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected to boost the company’s current mining capacity by 5 exahash…

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Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls

On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the…

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State Regulator Warns of Crypto Fraud After Investor Loses $750K

The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing.…

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Fractal Bitcoin Absorbs Over 35% of Bitcoin’s Hashrate After Mainnet Launch

Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35% of Bitcoin’s total hashrate. While Bitcoin hums along at an…

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Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility

Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining…

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Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy

According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co. (TEPCO) has taken an innovative step into the world of…

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Bitcoin’s Hashrate Reaches 692 EH/s, Nearing 700 EH/s Milestone

After breaking the July 25, 2024 record on Saturday, Sept. 7, Bitcoin’s hashrate has kept climbing, now reaching an impressive 692.28 exahash per second (EH/s) on Sept. 8, which is…

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