Mining

Following a month of rising Bitcoin (BTC) mining difficulty, the first adjustment in September saw the difficulty drop – though it still remains at the second-highest level in the network’s history. Bitcoin mining difficulty, or the…
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Iran’s Power Generation, Distribution and Transmission Company (Tavanir) has reportedly shut down 1,100 unlicensed cryptocurrency mining farms in the country after being tipped off by whistleblowers. According to a report by the…
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Bitcoin (BTC) mining may rise to become the most difficult it’s ever been in five days from now. Meanwhile, miners continue spending. If the BTC.com estimates come true, bitcoin mining difficulty, or the measure of how hard it is…
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Canadian bitcoin miner Hut 8 announced its Q2 2020 earnings Thursday, reporting a sharp drop in revenue. However, the rising value of the firm’s bitcoin holdings helped Hut 8 finish the quarter in the black. The publicly traded…
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Bitcoin (BTC) mining difficulty is getting closer to the 17 T zone, as it went up again – meaning, Bitcoin miners’ job just got slightly more difficult, while they’re spending more of their coins. Bitcoin mining difficulty, or…
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Bitmain, the world’s largest Bitcoin (BTC) mining hardware company, is postponing its product orders amid ongoing internal conflicts. As officially announced on Aug. 6, Bitmain will be delaying their June and July 2020 Antminer…
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Illicit crypto mining appears to be booming in the South Caucasus region, with Abkhazia where crypto rigs are reportedly flooding over the border – despite the fact that mining is officially illegal under Abkhazian law. The…
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The Venezuelan government is set to ban crypto mining in government-provided housing, per an official announcement. The announcement was made in a video tweeted by state-owned television station VTV Canal 8. In the video,…
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Bitcoin’s mining difficulty saw a 10 percent upward adjustment today, causing hash rates to reach a historic all-time high of 17 trillion. Changes in mining difficulty alter the environment for Bitcoin miners, causing many to either leave…
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US-based multibillion investment manager Horizon Kinetics (HK) just doubled down on its Bitcoin (BTC) mining strategy. After tripling the number of miners it hosts with Core Scientific (CS), a US-based blockchain hosting…
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