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Mining
Bitcoin Mining Gets Tougher as Network Difficulty Reaches New Peak
On May 18, 2023, at block height 790,272, Bitcoin’s difficulty reached an all-time high after rising 3.22% on Thursday. The network’s difficulty is now at an impressive 49.55 trillion, or 0.90% away from 50 trillion hashes,…
US Bitcoin Corp Secures Hosting Agreements for 150,000 Bitcoin Miners
On Thursday, the bitcoin mining company U.S. Bitcoin Corp revealed the firm has successfully secured hosting agreements with five different companies to install 150,000 application-specific integrated circuit (ASIC) bitcoin miners. The…
Pakistan to Ban Online Services Related to Cryptocurrencies
Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset investments made by Pakistanis. The decision comes as government officials in Islamabad take a strong stance against the…
Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal
The investment includes a $2 million loan and $12 million in equity.
Sink or swim at $27K? 5 things to know in Bitcoin this week
Bitcoin bulls and bears battle for control of a key area on the BTC chart, with network fundamentals due new all-time highs.
Bitcoin (BTC) is fighting for the bull trend as the new week begins with the market acting within a crucial zone.…
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in…
Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.
Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale
The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents.
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
Thursday's reported first-quarter earnings from miners were a mixed bag.
Average Bitcoin Transaction Fees Skyrocket to $19.20 per Transfer as Over 440,000 Transactions…
Bitcoin transaction fees have surged significantly in the past 24 hours, with the average fee reaching $19.20 per transfer. The increase in fees can be linked to a backlog of transactions trapped in the mempool, as over 440,000 unconfirmed…