In a groundbreaking move that solidifies El Salvador’s position as a frontrunner in the world of cryptocurrency adoption, the nation has officially launched its first Bitcoin mining pool. This significant development comes as Volcano Energy, a leading renewable energy company,…
Marathon Digital Mines Invalid Bitcoin Block Amid Heightened BTC Volatility
MARA Pool, a prominent Bitcoin mining pool operated under the umbrella of the publicly traded Marathon Digital Holdings, found itself entangled in a transactional quagmire on September 27th. User-Detected Anomaly: 0xB10C Sounds the Alarm This hiccup occurred subsequent to the…
Do You Want to Engage in Bitcoin Mining? This will Change Your Mind
Bitcoin mining is no longer the profitable business people know it for. So, many things are contributing to this, such as the increasing power costs and high hash rate. Harsh Time for Bitcoin Mining Image from Glassnode Hash Rate Reaches…
Bitmain is Coming to the Rescue of this Bankrupt Bitcoin Mining Firm By Investing $53.9 Million
Core Scientific is a Bitcoin mining firm that went bankrupt. So, at the start of the bear market, many mining firms in the crypto industry went bankrupt. But there’s help for Core Scientific. Bitmain Comes to the Rescue of a…
A new Research Shows Bitcoin Mining Clean Energy Usage is Now More than 50%
Bitcoin mining is an activity that receives much criticism from people. So, the issue here is that there are always accusations of carbon emissions. But this is the past, as there are significant changes in energy use. Bitcoin Mining Clean…
Here’s How Iceland Could Become a Crypto Mining Capital With Energy Surpluses
There’s an important part of the crypto industry that the world mostly focuses on. It is how crypto mining activities harm the environment. However, they always fail to highlight how mining is helping countries like Iceland to reduce energy waste. …
The Texas Bitcoin Miner Shutdown: A Deep Dive
Introduction In a recent turn of events, the Lone Star State made headlines by paying a staggering $31.7 million to a Bitcoin mining company, Riot Blockchain, to cease its operations in August 2023. This unexpected move has sparked a flurry…
This African Country Wants to Ban Bitcoin Mining Over High Energy Activities
Many countries want to ban Bitcoin mining, with many saying it contributes to the depletion of the environment. However, some other reasons they give are that the activity consumes large amounts of energy. This African Country Making Plans To Ban…
Read This Inspiring Story of a Bitcoin Mining Set Up Turning Trash into BTC
Bitcoin mining is often associated with environmental pollution. In fact, when discussions of global warming come up, crypto-mining activities are often the scapegoat. However, many mining companies are coming together to change the definition of crypto mining. One is Nodal…
New Report From CoinGecko Shows it Can Cost More Than $200,000 For 1 Bitcoin Mining
Bitcoin mining is the process of validating Bitcoin transactions to earn rewards. However, the price of mining Bitcoin mostly depends on energy costs. Moreover, the cost of energy varies in different countries. CoinGecko released a new report explaining how much…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
