Category: Crypto Mining
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Jack Dorsey Invests $6.2 Million in Global Bitcoin Mining Decentralization
Block CEO Leads Funding Round to Create Transparent, Non-Custodial Mining Pool In a strategic move to decentralize Bitcoin mining globally, Jack Dorsey, CEO of Block, has spearheaded a $6.2 million…
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Bitcoin Miner Makes History by Solo Block Solve
Solo mining in the cryptocurrency realm is often considered a daunting task, with the odds stacked against individual miners. However, every once in a while, a miner defies the odds…
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Bitcoin Mining Difficulty Surge Sets New Records
In the ever-evolving landscape of cryptocurrency, Bitcoin’s mining difficulty has once again made headlines. At block height 818496, the mining difficulty experienced a significant adjustment, surging by 5.07% and reaching…
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Argentinians Oppose Direct Government Involvement in Bitcoin Mining
Argentinian presidential candidate Sergio Massa has unveiled a visionary proposal that combines the country’s abundant natural resources with the rapidly growing digital wealth of Bitcoin. We applaud this audacious move….
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Bitcoin Halving Expected to Double Production Cost, Increasing Pressure on Miners
The anticipated 2024 Bitcoin halving is predicted to have a profound impact on the production cost of Bitcoin, potentially doubling it to approximately $40,000. This change is expected to put…
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Riot Mining Company Invests $162.9 Million in Latest Bitcoin Mining Machines
Riot Platforms, Inc. has recently entered into an ambitious long-term agreement with MicroBT for the purchase of 33,280 next-generation Bitcoin miners. These high-performance miners will be produced by MicroBT in their…
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Recent Research: Unveiling the Sustainability of Bitcoin Mining
Bitcoin mining has gained significant attention due to its impact on the environment and concerns about climate change. Recent research has claimed that Bitcoin mining is the most sustainable sector…
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Against All Odds: How a Modest Miner Struck Bitcoin in the Crypto World
In the world of cryptocurrency mining, success is often reserved for those equipped with powerful hardware and extensive computational resources. However, a recent event has caught the attention of the…
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Tether Invests Billion Dollar Renewable Energy Initiative El Salvador Bitcoin Mining
Tether, the leading fintech platform behind the world’s most widely used stablecoin, has announced its participation in a groundbreaking billion dollar renewable energy initiative in El Salvador. The company aims…
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The Hashrate of the Bitcoin Network: An Upward Trend in Mining Power
The hashrate of the Bitcoin network has experienced a remarkable upward trend. As of May 30, 2023, the hashrate stands at an impressive 399.03 million terahashes per second (M TH/s),…
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Tether Invests in Sustainable Bitcoin Mining Operations in Uruguay
In an exciting move towards sustainable energy and eco-friendly practices, Tether has announced its investment in energy production and the launch of sustainable Bitcoin mining operations in Uruguay. This strategic…
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Cryptocurrency Miners Could Be Spared from Proposed Energy Tax
A tentative agreement has emerged aimed at preventing the United States government from defaulting on its debts. Ohio Representative Warren Davidson has indicated that the proposed deal would likely eliminate…
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BabyDogeCoin Exploited for 437 BNB ($137K) in a Single Transaction
BabyDogeCoin, a spinoff of the popular Dogecoin, has been exploited by an unknown attacker who stole 437 BNB (Binance Coin) worth about $137K from the project’s liquidity pool. The exploit…
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Dash Network Temporarily Pauses Block Production
Dash Network has announced a temporary pause in block production following the activation of Dash Core’s v19. This decision has had a direct impact on Binance Pool, which has consequently…
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Canaan Introduces Avalon A1366I: The Future of Bitcoin Mining
In the world of cryptocurrency mining, efficiency and performance are key factors that determine profitability. Avalon Made, a renowned name in the mining industry, has introduced a groundbreaking product –…
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Marathon Digital Holdings Expands Bitcoin Mining Operations into the UAE
Marathon Digital Holdings, America’s largest publicly traded Bitcoin mining company, is making significant strides in expanding its operations into the United Arab Emirates (UAE). This move signifies the growing influence…
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Empty Bitcoin Block Mined Raises Concerns
Bitcoin remains the most dominant player with its market capitalization often surpassing that of the entire crypto market. However, its decentralized nature, which is one of its major selling points,…
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Robert Kennedy Jr Criticise Biden Proposal To 30% Tax On Bitcoin Mining
US Presidential candidate Robert Kennedy Jr. tweeted about Bitcoin mining and how it could potentially be stifled by the U.S. government’s proposed 30% tax. Bitcoin is fundamentally different from other…
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Bitmain Fined $3.55 Million by Beijing Tax Bureau for Unpaid Income Taxes
Bitmain, the leading Bitcoin mining machine company in the world, was slapped with a hefty fine of approximately $3.55 million by the Beijing tax bureau in April for non-payment of…
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Jack Dorsey Invests $6.2 Million in Global Bitcoin Mining Decentralization
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