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Over the past month, the valuation of bitcoin has seen a notable increase, leading to significantly enhanced profits for today’s most sophisticated application-specific integrated circuit (ASIC) bitcoin mining devices. As…
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon…
On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining difficulty now stands at an unprecedented peak of 83.95 trillion,…
Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked to companies such as Marathon, Cleanspark, Riot, and various others…
Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day simple moving average. Currently, 56 entities are contributing at least…
Following a dynamic period of activity in the crypto market on Friday, stocks of publicly traded mining companies have recovered from their recent decline. In the last five days, Marathon…
Digihost Technology Inc., a blockchain technology and mining enterprise based in the U.S., revealed a significant augmentation of its bitcoin mining capabilities, courtesy of a multi-year hosting contract with a…
Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer claimed that the chip could potentially improve bitcoin mining performance…
In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this sum coming from onchain transaction fees. The revenue from bitcoin…
Bitcoin miner Riot Platforms Inc. said it expects to take delivery as well as deploy 31,500 Whatsminer M60S miners worth $97.4 million by the end of July 2024. The addition…