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Mining
Bitfarms Hits Back at Riot Platforms’ Alleged Misleading Claims
Bitcoin mining firm Bitfarms has responded to Riot Platforms’ allegedly misleading statements about a…
Bitcoin Miner Iris Energy Increases Mining Output by 10%
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245…
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In…
Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump
On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric…
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings…
Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase
This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which…
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
A report presented to the Paraguayan Congress highlights the low level of employment associated with the…
Iris Energy Acquires 39,000 Bitmain S21 XP Antminers, Eyes 30 EH/s in 2024
Bitcoin miner and high-performance computing (HPC) firm Iris Energy Limited has secured 10 exahash per second…
National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining…
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining…
9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay
Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting…
