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Nalezeno "Bitcoin Mining": 4479

Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW

11.10.2024
Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using mid-generation machines due to their low power...

MARA Launches Pilot to Harness Shale Gas for Bitcoin Mining Operations

8.10.2024
MARA, one of the largest bitcoin miners in the public market, has kicked off an exciting new pilot program aimed at powering its operations with excess natural gas from U.S. shale, as noted in a report from Reuters. This initiative emerges amidst an ongoing battle for electricity between artificial...

Texas Mayor Ward Roddam Reveals How Bitcoin Resurrected Rockdale’s Economy

8.10.2024
Ward Roddam, mayor of the City of Rockdale in Texas, explained how the arrival of bitcoin mining revitalized the city’s economy. In a recently published opinion piece, Roddam noted that bitcoin miners took advantage of the energy infrastructure left by Alcoa, an aluminum plant that closed...

Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says

8.10.2024
Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil boom, Roddam highlights how this modern technology is creating jobs, boosting revenue, and funding...

Russian Bitcoin Mining Industry Could Surpass the U.S. in 2 Years

5.10.2024
Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the Russian bitcoin mining industry could reach parity...

CleanSpark reports 187% hashrate growth

4.10.2024
CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity

MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC

3.10.2024
MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month. MARA Strengthens Mining Operations, Grows Bitcoin Reserves to 26,842 This week, the publicly listed bitcoin (BTC) mining company...

Cleanspark CEO Predicts Bitcoin $200K Peak Within 18 Months

2.10.2024
Cleanspark CEO Zach Bradford predicts a dramatic rise in bitcoin’s value, forecasting a peak near $200,000 within the next 18 months. His outlook suggests rapid growth followed by stability, driven by bitcoin’s current price behavior and broader market dynamics. He also links the U.S....

September Slump: Bitcoin Miners See 2024’s Lowest Revenue

1.10.2024
According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul. Bitcoin Miners Earn $815.7M in September, Lowest Monthly Total of 2024 September was a tough...

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