Marathon Digital stock soars after company ramps up BTC mining in Q1
The company mined 196 BTC in the first quarter, bringing its total holdings to 5,143.2 BTC. Go to Source Powered by WPeMatico
Bitcoin Mining
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Bitcoin miner firm Ebang launches Ebonex crypto exchange
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invite-only beta phase earlier this year. Go to Source Powered by WPeMatico
No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption
“Blood coin,” “clean coin” and maybe even “virgin coin” will become commonplace phrases as Bitcoin’s environmental concerns continue to rage. Go to Source Powered by WPeMatico
Abkhazia Plans to Criminalize Crypto Mining as Energy Crisis Deepens— Extends Temporary Ban
Crypto mining in Abkhazia is still a hot potato for the de facto state government, which is now determined to criminalize such activities. Continuous massive power disruptions, in parallel, are fueling the anger of the people towards crypto miners. Public Officials to Face Bigger Penalties According to a report published by E Daily, the Abkhazian … Read more
Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month
On Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees. Today, the blockchain’s hashrate is around 160 exahash per second (EH/s) with 17 pools dedicating hashpower to the … Read more
Riot Blockchain’s hashing capacity grew 460% in 2020: Report
Riot Blockchain has published its 2020 financials and revealed it has increased its hashrate by 460%. Go to Source Powered by WPeMatico
Bitcoin miner Blockcap closes $75M investment led by Off The Chain, Foundry Digital
The Texas-based miner raised more than $38 million in two separate funding rounds. Go to Source Powered by WPeMatico
Adam Back unveils Blockstream’s new Bitcoin mining security token
Blockstream has announced the launch of a new security token backed by the company’s mining facilities. Go to Source Powered by WPeMatico
Youtuber Builds a Bitcoin Miner Out of a 31-year old Nintendo Game Boy
On Saturday, a popular Youtuber named Stacksmashing published a video that shows him hacking a 1989 Nintendo Game Boy in order to mine bitcoin. Despite the creativity and the fact that the miner only leverages four double-A batteries, Stacksmashing noted that the 8-bit handheld game console was not nearly as powerful as today’s modern mining … Read more
90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says
The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said. Go to Source Powered by WPeMatico