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Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions
28.2.2023
The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided...
Bitcoin Miner Marathon Digital to Restate Some Results on Accounting Issues
28.2.2023
The disclosure comes ahead of this afternoon's fourth quarter earnings release
Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia
27.2.2023
The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin...
Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners
26.2.2023
The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill that will introduce liability for those who mint digital coins illegally. Adoption...
Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year
25.2.2023
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height #778,176, reaching 43.05 trillion hashes and surpassing the 40 trillion mark for the first time ever. The network’s difficulty increased by 9.95%, which is the second-largest rise this year...
Litecoin Foundation Partners With Digital Asset Manager Metalpha to Develop Hedging Products for LTC Miners
24.2.2023
The partnership will jointly develop the Litecoin ecosystem to hedge risk and lower carbon emissions
Montana’s ‘right to mine’ crypto bill moves closer to passing as law
24.2.2023
The bill seeks to enshrine crypto miners' rights and will still have to pass muster in the states House before its signed into law by the governor
Montana Senate Passes Bill Protecting Crypto Miners
23.2.2023
The state's congress will vote next on the bill, which protects bitcoin miners from utility rate hikes and measures by local governments
Crypto and Bitcoin Miners Rebrand and Diversify to Survive: A Look at Their New Strategies.
21.2.2023
Some of these new business lines are more profitable than bitcoin mining – but not all
Cryptocurrency miners are leading the next stage of AI
20.2.2023
A globally distributed AI network that relies on mining rigs will be difficult for governments to control, according to Dr. Ben Goertzel
World-Leading Cloud-Mining Service Provider BitFuFu Launches ANTMINER Coupons Trading Function
20.2.2023
PRESS RELEASE. On 21st February, BitFuFu will announce the launch of the ANTMINER coupons trading function at the WDMS conference. ANTMINER coupons are issued by the world’s leading miner manufacturer BITMAIN, which can be used to offset the purchase order amount of ANTMINER produced which...
A 'snap back' to $20K? 5 things to know in Bitcoin this week
20.2.2023
Bitcoin is seeing split opinions as major $25,000 resistance combines with early signs that all is not well with the BTC price rally
Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs
17.2.2023
Bitcoin mining operation Cleanspark has acquired 20,000 brand-new Bitmain mining rigs for $43.6 million, the company reported. Once installed, Cleanspark expects to increase its capacity by 37% by adding roughly 2.44 exahash per second (EH/s) to the firm’s fleet. Cleanspark CEO Says...
Why Bitcoin Miners Need to Take Ethereum Seriously
14.2.2023
Far from competitive projects, Bitcoin and Ethereum can work harmoniously together, says Sam Tabar, of Bit Digital
Bitcoin miners already made nearly $600K from Ordinals' NFT transactions
14.2.2023
The Ordinals hype is real with the NFT inscriptions now regularly taking over 50% of Bitcoin block space
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region
14.2.2023
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators of the distribution networks. Hundreds of Crypto...
Iris Energy to nearly triple hashrate with estimated 44,000 new BTC miners
14.2.2023
With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
14.2.2023
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest...
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises
12.2.2023
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 days. Statistics show that blocks larger than 3 MB are now quite common, and demand for Ordinal...
Public miners increased Bitcoin production, hash rate in January
12.2.2023
Core Scientific, Riot, and CleanSpark led the way in increasing Bitcoin production in January helped by better weather conditions and stable electricity prices