Friday, May 17, 2024
The CEO of cryptocurrency exchange Coinbase expressed his stance against banning AI as it could stifle innovation. Through a publication on his X account, Brian Armstrong, CEO of the Coinbase exchange, expressed his...
Gridless Compute, a hydropowered Bitcoin mining initiative, tweeted that the project successfully boosted a rural community and lowered their existing energy rates. An Africa-based hydropower-powered cryptocurrency mining project posted an update on its...
As explained by CryptoQuant's head of research, Julio Moreno, in an email to X, BTC Hashcoin has set a new record. On-chain data shows that for the first time in history, Bitcoin miners...
After remaining above 205 EH/s in April, the Bitcoin hash rate hit all-time highs around 230 EH/s this week. The creation of more Lightning channels could cause a drop in miner fees, allowing for an increase...
As there has been a decline in network activity, Bitcoin miners' income has fallen to its lowest level in the past year. Taking into consideration the Mining Position Index , Bitcoin is currently...
A bearish market, electricity costs, and other struggles with the supply could minimize the hash rate. They expect that the Bitcoin hash rate will reach new highs of 280 EH/s by January 2023.
Companies in Argentina and Paraguay collaborate to develop mining farms. Bitcoin mining has recently become popular due to the opportunities it offers. On the one hand, it provides new jobs where highly skilled...
In the first three months of 2023, Russia was the second largest Bitcoin miner after the United States. US-based crypto mining companies are facing increasing pressure from regulators and tax authorities. The Russian government, on the...
It seems that the value of BTC has risen in the last day. Data from on-chain analytics firm Glassnode has revealed the all-time aggregate profit margin for Bitcoin miners; this is what it...
Bitcoin mining companies' infrastructure deployment continues thanks to high BTC prices in 2023. In this case, Argentina-based Bitfarms exponentially increased its hashing power with the expansion of its center in the South American country. Now, the company...