Crypto News

Bitcoin Mining Difficulty Decreases by 4.6%, Hash Rate Steady at 639.2 EH/s

Bitcoin Mining Difficulty Decreases by 4.6%, Hash Rate Steady at 639.2 EH/s Bitcoin’s mining difficulty has dropped by 4.6%, bringing it to 88.4.

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Jack Dorsey’s Block Expands Bitcoin Mining Ambitions, Develops 3nm Mining Chip

Block Inc co-founder Jack Dorsey has shown great optimism about the potential of the Bitcoin mining chip market, terming it a “massive opportunity”.

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Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil

Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña.

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Bitcoin News Crypto News News

Senator Cynthia Lummis Calls Biden’s Bitcoin Mining 30% Tax Senseless

Cynthia Lummis thinks the Biden administration’s proposed 30% tax on electricity for Bitcoin miners is a bad idea that could hurt the industry..

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TeraWulf Announces Repays Debt Plans To Scale Bitcoin Mining, AI Operations

Bitcoin (BTC) miner TeraWulf announced it has paid $77.5 million in its final debt payment and plans to scale up its AI operations..

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Marathon To Warm Finnish Community Using Bitcoin Mining Waste Heat

Marathon Digital Holdings is using waste heat from Bitcoin mining to warm a Finnish community for 11,000 residents. The project integrates Bitcoin mining.

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Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining

Foundry Digital LLC has launched a new suite of hardware aimed at enhancing institutional bitcoin mining operations.  Dubbed Foundry Hardware, this initiative introduces.

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Paraguay’s Proposed Crypto Mining Ban Could Cost It $200m A Year

The economy of Paraguay could lose more than $200m annually if Paraguay’s lawmakers pass a recently introduced bill to ban crypto mining in.

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Revenue From Bitcoin Mining Jumped To $1.39 Billion In February Despite Fee Decline

The revenue from bitcoin mining in February jumped by $40 million compared to January, though the amount collected from fees saw a decrease.

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Ethiopia Partners With Chinese Companies To Bring Large-Scale Bitcoin Mining To Ethiopia

Ethiopia is set to enter a partnership with Chinese companies from China to establish powerful new Bitcoin mining infrastructure in the country, all.

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