Bitcoin Mining

May 15, 2024

El Salvador mines 474 Bitcoin using geothermal volcanic energy

El Salvador has utilized volcanic geothermal energy to mine 474 Bitcoin, valued at $29 million, since 2021. The mining operation, powered by the Tecapa volcano, employed […]
May 14, 2024

Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving

The hash rate of Bitcoin witnessed a decline as mining firms began shutting down unprofitable mining rigs following the fourth Bitcoin halving.   On May 10, […]
May 09, 2024

Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy

Core Scientific, a prominent Bitcoin mining firm, has showcased robust financial results for the first quarter following its emergence from bankruptcy. During this period, the company […]
May 07, 2024

Bitcoin miner Marathon Digital to join S&P SmallCap 600, shares jump 18%

Marathon Digital, recognized as the world’s largest Bitcoin (BTC) miner by market cap, experienced an 18% surge in its shares following confirmation of its inclusion in […]
May 02, 2024

Bitcoin halving sees Bitfarms’ BTC mining earnings plummet

Bitfarms, a prominent mining firm, has reported its lowest monthly earnings in over two years, attributed to the impact of the fourth Bitcoin halving.   Bitfarms […]
April 29, 2024

Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block

A single Bitcoin miner has achieved a rare feat by successfully solving a Bitcoin block independently, securing the full block reward of 3.125 Bitcoin.   On […]
April 26, 2024

SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Geosyn Mining and its co-founders, alleging fraudulent activities that resulted in investors losing […]
April 23, 2024

PayPal proposes ‘cryptoeconomic’ rewards for sustainable Bitcoin miners

PayPal, in collaboration with Energy Web and DMG Blockchain Solutions, has put forth a proposal to incentivize sustainable Bitcoin mining by introducing cryptoeconomic incentives.   Incentivizing […]

Finland’s households turn to Bitcoin mining to heat homes

A groundbreaking project in Finland is harnessing energy from Bitcoin mining cryptocurrency to heat homes during the chilly Finnish winter.   Hashlabs Mining, an infrastructure firm […]

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