• 02 November, 2024

Tag: Bitcoin Mining

Markets
Ethiopia Rises As A Global BTC Mining Hub With 600 MW Power

Ethiopia Rises As A Global BTC Mining Hub With 600 MW Power

Ethiopia is becoming one of the most important players in the worldwide Bitcoin mining market. The country’s lowest electricity cost

News
China Dominates Bitcoin Mining Despite 2021 Crypto Ban

China Dominates Bitcoin Mining Despite 2021 Crypto Ban

China remains a significant force in Bitcoin mining, even after its 2021 ban on crypto mining. Data from CryptoQuant shows

Markets
Agile Energy X Turns Renewable Surplus into Bitcoin Profits

Agile Energy X Turns Renewable Surplus into Bitcoin Profits

Agile Energy X, a subsidiary of Tokyo Electric Power Company (TEPCO), is pioneering an innovative approach to Bitcoin mining by

Markets
Rhodium Gets Court-Approved Bitcoin or Cash Loan Option

Rhodium Gets Court-Approved Bitcoin or Cash Loan Option

Rhodium Enterprises, a Bitcoin mining firm recently filed for bankruptcy, has received court approval to secure a loan in either

Markets
Marathon Stamps ‘Made in USA’ on BTC Blocks Mined in America

Marathon Stamps ‘Made in USA’ on BTC Blocks Mined in America

Fred Thiel, the CEO of Marathon Digital Holdings (MARA), a leading Bitcoin mining company in the USA, has recently announced

Market News
Marathon Digital Raises $250M in Convertible Notes For BTC

Marathon Digital Raises $250M in Convertible Notes For BTC

A global leader in leveraging digital assets, Marathon Digital Holdings Inc.(MARA) has announced a private offering. The firm aims to

News
Penguin Exec Blames ‘Vulture Contracts’ for Slowing Bitcoin Mining in Paraguay

Penguin Exec Blames ‘Vulture Contracts’ for Slowing Bitcoin Mining in Paraguay

Bruno Vaccotti, Penguin’s Head of Public Affairs, has raised concerns about “vulture contracts” affecting the bitcoin mining industry in Paraguay.

Market News
Bitcoin Mining Costs Surge Post-Halving, Industry Faces Major Challenges

Bitcoin Mining Costs Surge Post-Halving, Industry Faces Major Challenges

The average cost of mining one Bitcoin has skyrocketed to $74,600 following the latest halving event, which briefly spiked costs

Market News
Bitcoin Mining Post-Halving: Runes Effect, Revenue Changes, and Miner Trends

Bitcoin Mining Post-Halving: Runes Effect, Revenue Changes, and Miner Trends

After the halving event, the Bitcoin network initially did much better than anticipated because it coincided with the launch of

Features
How Long Does It Take to Mine One Bitcoin?

How Long Does It Take to Mine One Bitcoin?

The journey to mine a single Bitcoin isn’t just about having a strong computational power. It also depends on other

News
Standard Chartered Ups Bitcoin Forecast Amid Rising Mining Activity

Standard Chartered Ups Bitcoin Forecast Amid Rising Mining Activity

As Bitcoin miners gear up to retain more of the cryptocurrency, the challenge of mining difficulty persists. On-chain data platform,

News
Miner Outflows Indicate Significant BTC Transactions to Binance

Miner Outflows Indicate Significant BTC Transactions to Binance

The on-chain data analytical platform CryptoQuant revealed miner outflows indicating significant Bitcoin transfer to the crypto exchange Binance. In a