The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work – Mining Bitcoin News
At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work...
Mining
ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Hashpower Awaits ETHW Fork – Mining Bitcoin News
Ethereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) system after seven years of operating as...
Bitcoin’s Mining Difficulty Taps All-Time High — 220 Exahash of Hashpower Remains Strong – Mining Bitcoin News
Bitcoin’s mining difficulty reached a new all-time high at block height 753,984 from 30.97 trillion hashes to 32.05 trillion hashes....
While Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More Difficult – Mining Bitcoin News
Over the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin...
4 Crypto Tokens Reap Hashpower From The Merge, ETC Secures Most of the Hashrate Leaving ETH – Mining Bitcoin News
20 days ago, a poll was shared on Twitter asking miners where they planned to dedicate their hashrate, after The...
Bitcoin Mining Firm Cleanspark Purchases 10,000 Bitmain Miners for $28 Million – Mining Bitcoin News
The bitcoin mining company Cleanspark revealed on Wednesday that the company has signed a purchase agreement for 10,000 new Bitmain...
Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge – Mining Bitcoin News
While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production...
Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge – Mining Bitcoin News
Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower...
Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say – Mining Bitcoin News
Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of energy capacity, experts have estimated. Investors...
Antpool Reveals Plans to Drop Ethereum Ethash Support, Plans to Keep Mining ETC – Mining Bitcoin News
Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after...
Bitcoin’s Hashrate Skyrockets, Block Intervals Suggest a ‘Notable’ Difficulty Increase Is in the Cards – Mining Bitcoin News
While bitcoin prices hover just below the $22K mark, the leading crypto asset has still shed more than 9% against...
Ethereum Classic’s Hashrate Taps Another All-Time High Following Ethereum’s Hardened Merge Timeline – Mining Bitcoin News
On Thursday, following the official proof-of-stake (PoS) transition announcement from the Ethereum Foundation, Ethereum Classic’s hashrate tapped another all-time high...
Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year – Mining Bitcoin News
Authorities in the energy-rich Russian region of Irkutsk have imposed hefty fines on crypto miners this year for illegal use...
Russian Caught Mining Crypto in Covid-19 Clinic – Mining Bitcoin News
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at...
Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector – Mining Bitcoin News
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid...
Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block – Mining Bitcoin News
On August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At...
Bit Mining Secures $9.3 Million Registered Direct Offering From Institutional Investors – Mining Bitcoin News
Bit Mining Limited has announced that it has entered a $9.3 million registered direct offering with specific institutional investors. Bit...
PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit – Mining Bitcoin News
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s...
Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’ – Mining Bitcoin News
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring...
Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022 – Mining Bitcoin News
This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity...
Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms – Mining Bitcoin News
Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for...
Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices – Mining Bitcoin News
The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on...
