btc mining

Couple Accused of Massive Electricity Theft to Power Bitcoin Farm Operation by Minnesota Power Co-op

Benito CormiDec 5, 20232 min read

Alleged Utility Theft for Bitcoin Mining Leads to Lawsuit Against Minnesota Couple A power distribution cooperative in Minnesota, North Star Electric Cooperative, has filed a civil…

Riot Acquires 66,560 Microbt ASIC Miners to Increase Hashrate by 18 EH/s

Benito CormiDec 4, 20233 min read

Riot Platforms Expands Bitcoin Mining Capabilities with $290.5 Million ASIC Acquisition Riot Platforms, a publicly traded bitcoin mining corporation based in Texas, has recently made its…

Record-Breaking November Revenue: Bitcoin Miners Generate $1.16 Billion, Creating Highest Earnings for 2023

Benito CormiDec 3, 20232 min read

Bitcoin Mining Fees Soar in November In November, BTC miners experienced a prosperous period, fueled by increased prices and higher transfer fees. Data reveals that miners…

November’s Bitcoin Mining Race: Antpool Overtakes Foundry in Hashrate Battle to Claim the Leading Position

Benito CormiDec 1, 20232 min read

Antpool Takes the Lead in Bitcoin Mining After being overshadowed by Foundry for some time, Antpool has emerged as a top player in terms of hashrate…

Record-Breaking Ascension: Bitcoin’s Mining Difficulty Soars for the Sixth Consecutive Time

Benito CormiNov 26, 20232 min read

Bitcoin’s Difficulty Soars to New Heights The Bitcoin network experienced its sixth consecutive difficulty rise on November 25, 2023, reaching a new peak at block 818,496.…

Phoenix Group, a Bitcoin Mining Company in UAE, Raises $370 Million in Oversubscribed IPO

Benito CormiNov 24, 20232 min read

UAE Enters Bitcoin Mining Sector with Phoenix Group’s Successful $370M IPO Phoenix Group, a bitcoin mining and blockchain infrastructure company, has raised $370 million in an…

Record-Breaking 500 EH/s Peak Achieved by Bitcoin Hashrate

Benito CormiNov 23, 20232 min read

Bitcoin Achieves Unprecedented Hashrate of 500 EH/s New data reveals that Bitcoin’s hashrate has reached a record-breaking level of 500 exahash per second (EH/s) on a…

Bitcoin Network Sees Simultaneous Surge in Hashrate and Difficulty as 93% of Supply Mined

Benito CormiNov 19, 20232 min read

Bitcoin’s Hashrate Growth in 2023 As of block height 817,532, about 93.08% of all bitcoins, or roughly 19.5 million BTC, have been mined already. Block times…

Greenidge Generation Resolves Obligations and Offloads South Carolina Bitcoin Mining Facility to NYDIG

Benito CormiNov 19, 20232 min read

Greenidge Generation Holdings Clears $21.8 Million Debt, Sells Mining Site to NYDIG Greenidge Generation Holdings has effectively eliminated $21.8 million in secured debt and has sold…

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