Bitcoin Mining: What Is It and How Does It Work?
Bitcoin mining is an essential task that allows the cryptocurrency to keep its network active, secure, and decentralized. Although it is a central concept within the
bitcoin mining (Latest Publications)
Hut 8 Bitcoin Reserve Reaches $1 Billion After $100M Purchase
TL;DR Hut 8 acquired 990 BTC for $100 million, raising its strategic reserves to 10,096 BTC with a market value of $1 billion. The company plans
Riot Platforms Acquires 5,117 BTC, Strengthening Its Bitcoin Holdings
TL;DR Riot Platforms acquired 5,117 BTC for $510 million, increasing its reserves to 16,728 BTC, which is equivalent to $1.68 billion. With this purchase, it becomes
Europe’s Biggest Telecom Company Pilots Bitcoin Mining with Renewable Energy
TL;DR Deutsche Telekom and Bankhaus Metzler launch a pilot Bitcoin mining project in Germany using surplus renewable energy. The project aims to stabilize the power grid
Crypto Market Sees $446M in Long Positions Liquidated in 24 Hours Amid Massive Losses
TL;DR The crypto market has experienced a wave of forced selling after the liquidation of more than $920 million in long positions over the past three
NiceHash Partners with Marathon Digital to Launch High-Efficiency ASIC Firmware
TL;DR NiceHash and Marathon Digital Holdings collaborate to launch a custom firmware designed to optimize Bitcoin ASIC miners. The firmware includes features such as auto-tuning, customizable
Bitcoin Miner Sell-Offs Drive BTC Down to $66k, According to Research
TL;DR Bitcoin miners increase sales amid financial pressures. Mass transfers from mining pools and OTC sales. Mining companies reduce holdings significantly. In the current Bitcoin market,
Bitcoin Mining Centralization Concerns Rise: Single Entity Controls Nearly Half of Network Hashrate
TL;DR Increasing Centralization in Bitcoin Mining: Recent studies have raised concerns about the growing centralization of Bitcoin mining, with one entity controlling nearly 47% of the
PayPal’s Revolutionary Solution: Using Blockchain to Drive Sustainable Bitcoin Mining
TL;DR PayPal’s Blockchain Research Group, in collaboration with Energy Web and DMG Blockchain Solutions, is introducing a novel approach to make Bitcoin mining more environmentally friendly. They are
Bitcoin Mining Difficulty Hits New ATH Days Before Halving
TL;DR New ATH in Mining Difficulty: Bitcoin mining difficulty reached a new all-time high of 86.39 trillion on April 10, 2024, indicating a nearly 4% increase
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