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On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by…
In recent times, the meme coin sector has experienced a significant increase, climbing over 13% in the past 24 hours. In the span of the last four days, the meme…
Bitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29. This follows the year’s most significant difficulty escalation of 8.24%,…
In its latest annual report, Riot Platforms, the publicly-listed bitcoin mining firm, outlines several significant risks that could impact its operations, including troubles in the broader crypto economy, potential decreases…
Following legal action initiated by Riot Platforms and the Texas Blockchain Council against the U.S. Department of Energy (DOE), the department’s statistical branch, the Energy Information Administration (EIA), has put…
Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25…
The publicly listed mining firm Riot Platforms and the Texas Blockchain Council have initiated legal proceedings against the U.S. Department of Energy (DOE) and other federal entities, aiming to obstruct…
The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners requiring data related to energy consumption and configuration of their…
This week witnessed significant expansions in the bitcoin mining sector, with two leading firms unveiling substantial increases in their operational hashrate. Terawulf disclosed that its self-mining business has escalated to…
Bitcoin’s mining difficulty has hit an unprecedented peak, marking the most significant jump of 2024. On Thursday, at the milestone of block 830,592, the network experienced its fourth adjustment this…