Bitfarms responds to Riot Platforms’ proposed board changes
Riot Platforms called the recent board changes at Bitfarms a “step in the right direction,” but stressed that more change is needed. Go to Source
Bitcoin Mining
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Bitcoin network hashrate reaches new all-time high
Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion. Go to Source
Academic Paper Demonstrates Bitcoin Mining’s Potential to Mitigate Methane Emissions
Researchers Murray A. Rudd, Matthew Jones, Daniel Sechrest, Daniel Batten, and Dennis Porter have unveiled a new study showcasing a cutting-edge framework that fuses landfill gas-to-energy (LFGTE) systems with bitcoin mining. This innovative strategy is designed not only to combat methane emissions but also to unlock new economic opportunities. Study Merges Landfill Gas-to-Energy Systems With … Read more
Riot Platforms urges Bitfarms board changes ahead of crucial October meeting
Riot Platforms urges further changes to Bitfarms’ board, proposing two independent directors ahead of the Special Meeting. Go to Source
Bitcoin miner revenues dwindle as halving erodes mining volumes: Bitbo
Mining revenues hit 12-month lows in August, according to Bitbo. Go to Source
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 since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops $99.75M Lower Than July The ongoing effects … Read more
Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD
The company was authorized to choose between receiving $30 million or 500 Bitcoin loan from Galaxy Digital. Go to Source
Bitcoin must reach a ‘higher high’ to confirm uptrend after dip below $58K
If Bitcoin is to maintain its longer-term uptrend, it must avoid breaking down below $56,000, according to a crypto analyst. Go to Source
Scientific paper argues Bitcoin mining can reduce methane emissions
According to a United Nations report, Methane gas runoff is “80 times more harmful than CO2 for 20 years after it is released.” Go to Source
Solo miner wins $200K Bitcoin lottery with just 0.012% of hashrate
A solo Bitcoin miner operating as part of the Solo CK pool solved a block with just 0.012% of the average hashrate. Go to Source