bitcoin mining

Surging Bitcoin Mining Profitability Reaches Record Highs as 2023 Comes to a Close

Benito CormiNov 6, 20232 min read

Bitcoin Mining Profitability Surges in 2023 As the year 2023 comes to a close, bitcoin mining has become highly profitable. According to recent data, miners can…

Luxor denies allegations that its Bitcoin hashrate-backed offering is similar to BlockFi or Celsius 2.0.

Coinan PorterNov 5, 20232 min read

An Upcoming Bitcoin Hasrate-Backed Product Promises Returns of 10-13% A Bitcoin mining firm called Luxor Technology has created a hashrate-backed product that offers potential returns of…

The United Nations Raises Concerns about Bitcoin’s Adverse Effects on Climate, Water, and Land

Fin BoldomNov 5, 20233 min read

Study Reveals Environmental Impacts of Bitcoin Mining A recent study conducted by the United Nations has highlighted concerns regarding the environmental impact of Bitcoin (BTC). The…

China’s English School Ventures into Bitcoin Mining, Boosts Capacity with 220 Additional Units

Coinan PorterNov 3, 20232 min read

China-based BTC Digital Expands Bitcoin Mining Fleet BTC Digital, formerly known as Meten EdtechX Education Group, has announced the acquisition of 220 new Bitcoin mining units.…

October Sees Exponential Surge in Bitcoin Mining Profits, Achieving 2023’s Second-Highest Monthly Revenue

Benito CormiNov 3, 20232 min read

Staying Alive — Bitcoin Mining Earns Near-Record Revenue in October Last month, the revenue from bitcoin mining saw a significant increase of $131.45 million compared to…

Marathon Digital and Nodal Power Launch Bitcoin Mining Pilot Powered by Methane in Utah

Benito CormiNov 3, 20233 min read

Eco-Friendly Bitcoin Mining with Methane from Landfills Marathon Digital, a publicly traded bitcoin mining company, has partnered with Nodal Power to launch an innovative 280-kilowatt (kW)…

Northern Data receives $610M debt financing from Tether for Bitcoin mining operations

Coinan PorterNov 2, 20233 min read

Tether Issues Major Debt Facility to Bitcoin Mining Company Northern Data AG Tether, the issuer of the USDT stablecoin, is ramping up its involvement in Bitcoin…

Will Bitcoin Price Follow as Hashrate and Difficulty Reach New All-Time Highs?

Bitro ConwellNov 2, 20233 min read

Bitcoin Mining Difficulty and Hashrate Reach All-Time Highs The Bitcoin mining hashrate and difficulty have reached new all-time highs as the BTC rally continues. The month…

Bitcoin Mining Difficulty Reaches All-Time High, Experiences Fourth Consecutive Increase

Bitro ConwellOct 30, 20232 min read

Bitcoin Mining Difficulty Hits All-Time High The mining difficulty of Bitcoin has reached a new all-time high (ATH) after experiencing four consecutive positive adjustments. The mining…

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