miner – DIGIT INFO

Bitcoin miners see worst revenues in 11 months as difficulty climbs

DIGIT — Mon, 02 Sep 2024 03:48:19 +0000

August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year.

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Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body

DIGIT — Thu, 22 Aug 2024 06:18:08 +0000

Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry.

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Iran is giving $24 to anyone who dobs in illegal crypto miners

DIGIT — Thu, 15 Aug 2024 05:58:31 +0000

The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.

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Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC

DIGIT — Thu, 15 Aug 2024 01:11:50 +0000

Marathon’s latest 4,144 Bitcoin buy comes as boss Fred Thiel last month said it was adopting a “hodl strategy” for the cryptocurrency.

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Bitcoin Core devs set up new policy aimed at handling ‘critical bugs’

DIGIT — Thu, 04 Jul 2024 04:48:50 +0000

Bitcoin Core developer Antoine Poinsot said there is a dangerous perception that Bitcoin Core is free of bugs, noting it is “dangerous and, unfortunately, not accurate.”

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Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design

DIGIT — Wed, 08 Mar 2023 06:30:36 +0000

Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made changes to its design. The post advised miners to be aware of the changes as Compass Mining identified “three issues” with two different Antminer S19 series mining devices. Bitcoin Miner […]

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Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner

DIGIT — Thu, 16 Feb 2023 10:30:50 +0000

Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from the owner at gunpoint, authorities said, adding that both criminals are now in custody. Thieves Face Trial in Russia for Armed Robbery […]

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Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi

DIGIT — Wed, 15 Feb 2023 06:39:00 +0000

While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws.

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Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs

DIGIT — Tue, 14 Feb 2023 05:45:00 +0000

Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain.
Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest Mining Expansion
Bitcoin mining company, Iris Energy, announced plans […]

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Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days

DIGIT — Wed, 08 Feb 2023 20:30:03 +0000

Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital collectible trend on the network, with the number of inscriptions nearing 20,000. Rising Transaction […]

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