Bitcoin Mining Operations – DIGIT INFO

Tether files lawsuit against Swan Bitcoin over joint venture dispute

DIGIT — Wed, 15 Jan 2025 11:09:01 +0000

Tether confirmed to Cointelegraph that it had sued Swan Bitcoin over alleged contract breaches in a joint Bitcoin mining venture.

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Bitfarms expands into Pennsylvania amid Riot’s growing stake

DIGIT — Fri, 14 Jun 2024 08:11:25 +0000

Bitfarms announces U.S. expansion in Pennsylvania, while Riot Platforms increases its ownership stake in the company to 14%.

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Marathon Digital Ramps up Bitcoin Mining Goals, Targets 50 EH/s Hash Rate for 2024

DIGIT — Fri, 26 Apr 2024 04:39:57 +0000

Marathon Digital plans to increase its 2024 hash rate target for Bitcoin mining from 35-37 EH/s to 50 EH/s, thanks to expanded capacity from recent acquisitions, aiming to more than double its mining operations without the need to raise additional capital. The company’s growth includes purchasing a 200 megawatt Bitcoin mining center and two additional […]

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Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions

DIGIT — Fri, 09 Dec 2022 09:30:17 +0000

On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting “energy-intensive” cryptocurrency mining operations. The bill introduced by senator Ed Markey (D-MA) alleges that crypto mining “strains the grid” and the industry “undermines U.S. climate goals.” 3 U.S. Bureaucrats Believe Crypto Miners Need to Report Carbon Emissions and […]

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Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March

DIGIT — Fri, 22 Jul 2022 09:30:48 +0000

On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June 22. It’s Now 11.39% Easier to […]

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Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate

DIGIT — Tue, 17 May 2022 20:00:02 +0000

New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates with 37.69%, according to CCAF researchers. China Is Still the World’s […]

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China’s Coal Standoff Causes Power Shortages, Chinese Bitcoin Miners ‘Heavily Affected’

DIGIT — Mon, 28 Dec 2020 11:30:01 +0000

Regional reports from China detail that bitcoin miners located in certain areas in South China are running short on electricity. The country has been having massive issues with coal prices soaring across the mainland, as the Chinese government hasn’t been allowing coal carriers into ports. Because of the sweeping electrical shortages, mining activities have been […]

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