Tag: mining
El Salvador launches first Bitcoin mining pool as Volcano Energy partners with Luxor
El Salvador officially launched its first local Bitcoin (BTC) mining pool as the Volcano Energy project begins…
What is the CryptoNight mining algorithm, and how does it work?
Understanding mining algorithms Mining algorithms are the backbone of blockchain-based networks like Bitcoin and other protocols. In…
Bitfarms increases mining pace, generates 411 BTC in September
The Canadian Bitcoin (BTC) mining firm Bitfarms has been actively scaling operations, significantly increasing the amount of…
Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K
Bitcoin (BTC) Ordinals are boosting miner profits, but “income stress” is looming, new research warns. In the…
Argentinian oil company to start mining crypto with gas power leftovers
A Buenos Aires-headquartered oil company, Tecpetrol, has decided to convert excessive gas into energy for cryptocurrency mining. …
Celsius seeks final approval for $45 million Core Scientific Bitcoin mining site
Celsius Network LLC and its affiliated debtors in bankruptcy court have filed a motion seeking approval of…
Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
Bitmain rolled out its next generation Antminer S21 and S21 Hydro ASIC miners at the World Digital…
Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs
Cryptocurrency mining hardware maker Bitmain and bankrupt crypto mining firm Core Scientific have agreed on a combination of…
Bitcoin mining can help reduce up to 8% of global emissions: Study
A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential…
Coinbase’s lending bet, a new ads policy at Google and Marathon’s mining performance
Crypto giant Coinbase seems to be strategically steering its ship amid constant crypto industry turbulence in 2023….