bitcoin mining

Successful Exit from Chapter 11: Core Scientific Boosts Financial Standing

Owen PatterJan 24, 20242 min read

Core Scientific Emerges From Chapter 11 Bitcoin miner Core Scientific has successfully completed its reorganization and is now emerging from Chapter 11 with a stronger financial…

Bitfarms Enhances Mining Operations With New 100 MW Facility in Paraguay, Targeting 21 EH/s Capacity by Year End

Benito CormiJan 24, 20242 min read

Bitfarms Expands Mining Capacity in Paraguay Bitfarms, a bitcoin mining company listed on the U.S. stock market, has acquired land in Yguazu, Paraguay, for the establishment…

New Study: Sustainable Energy Accounts for 54.5% of Bitcoin Mining

Benito CormiJan 24, 20243 min read

Bitcoin Mining is Becoming More Environmentally Friendly Daniel Batten, co-founder of CH4 Capital, has reported that bitcoin mining is using a record high level of sustainable…

Iris Energy Aims for 20 EH/s Bitcoin Mining Capacity by H2 2024, Boosts Current Capacity to 6 EH/s

Benito CormiJan 23, 20242 min read

Iris Energy Expands Mining Operations to 6 EH/s Iris Energy, a publicly-listed bitcoin miner, has announced that it has increased its mining capacity to 6 exahash…

Mining Difficulty on Bitcoin Network Decreases by 3.9% to 70.34 Trillion, Relieving Miner Load During Texas Cold Spell

Benito CormiJan 20, 20242 min read

Bitcoin Difficulty Drops, Benefitting Miners Mining bitcoin (BTC) has become easier for miners as the network’s mining difficulty decreased by 3.9% at block height 826,560 on…

Impact of Freezing Temperatures in Texas on Bitcoin Hashrate and Energy Strains

Benito CormiJan 18, 20243 min read

Bitcoin Mining Operations Shut Down in Texas Due to Subzero Weather The recent subzero temperatures in Texas have caused bitcoin mining operations to halt, resulting in…

The Significant Drop in Bitcoin’s Hashrate 3 Months Prior to the Next Halving: Explained

Owen PatterJan 18, 20242 min read

The Bitcoin Hashrate Drop The hashrate of Bitcoin has recently experienced a significant drop of 25%, causing concerns about the network’s security, especially with the upcoming…

Data Shows Bitcoin Miners Sell 10,600 BTC within 24 Hours

Owen PatterJan 18, 20242 min read

Bitcoin Miners Selling Off Holdings Amidst Price Fluctuations 2024 started with a turbulent journey for Bitcoin as new spot ETFs were introduced in the US markets.…

Approval Granted for Core Scientific’s Nasdaq Re-listing and Emergence in January 2024

Owen PatterJan 17, 20242 min read

Core Scientific Emerges from Bankruptcy and Prepares to Relist on Nasdaq Core Scientific, a provider of blockchain computing data centers and software solutions, has received approval…

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