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On Monday, the high-performance computing (HPC) infrastructure provider and bitcoin mining firm Northern Data AG announced the acquisition of the bitcoin mining operation Bitfield N.V. in a stock-for-stock deal. Northern Data says the company will obtain 33,000 of the latest generation ASIC bitcoin miners from the arrangement. Northern Data AG Acquires Bitfield N.V. — Firm … Read more
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021. Go to Source Powered by WPeMatico
BIT Mining Limited has entered into a joint venture agreement with Viking Data Centers to develop a Bitcoin mining site in Ohio. Go to Source Powered by WPeMatico
Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs. Go to Source Powered by WPeMatico
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown hashrate has subsided a great deal as … Read more
Bitcoin appears to meet the definition of an energy-backed currency proposed by the famed American inventor during the interbellum period. Go to Source Powered by WPeMatico
The Bitcoin mining giant has entered into another BTC-backed loan agreement with Galaxy Digital as it pursues further operational expansions. Go to Source Powered by WPeMatico
Russia is moving to regulate cryptocurrency mining after legitimizing the broader crypto industry in January. Go to Source Powered by WPeMatico
The BTC mining industry is getting a makeover as miners shift their focus to ESG, or environmental, social and governance, initiatives. Go to Source Powered by WPeMatico
One crypto mining rig seller in Vietnam has reportedly seen its sales triple in early September, with GPUs selling at premium prices. Go to Source Powered by WPeMatico