Solo Bitcoin Miner Hits the Jackpot with $153,000 Reward

A lucky solo miner has struck gold by solving a Bitcoin block, receiving a reward of 6.25 BTC, or about $153,000. This happened on March 11, 2023, when the anonymous miner mined block 764,133, which was one of the largest…

Green Revolution in Cryptocurrency Mining: International Energy Agency Proposes Mandatory Carbon Emissions Reporting

Cryptocurrency miners may soon be required to report their carbon emissions as part of a wider push towards greater sustainability in the industry. This article explores the reasons behind the proposed regulation, the potential impact on the mining industry, and…

Layer1, an American start-up raises $50 million from billionaire Peter Thiel for Bitcoin mining in Texas

Layer1, an American start-up plans to build a giant hub for Bitcoin mining in Texas. The company has raised $50 million from billionaire Peter Thiel.

A new Intel blockchain patent proposes to make Bitcoin mining more efficient

Bitcoin mining is a computation-intensive operation that also incurs a high electricity cost. A new Intel blockchain patent proposes to use hardware accelerator to reduce this energy cost.

Report: Iceland Plans to Pump the Brakes on Bitcoin Mining

The tiny European country of Iceland has been a haven for Bitcoin mining, for almost a decade now since the whole crypto craze became a thing. The tiny island nation is sadly planning to slow down crypto mining processes in…