Bitcoin mining is facing tough times, and miners are making decisions that could impact the future of the network. CoinBureau recently discussed the struggles of Bitcoin miners, their profitability concerns, and how their actions might affect Bitcoin itself. This report…
Bitcoin Halving Event Sparks Concerns Over Mining Revenue and Market Impact
Cryptocurrency enthusiasts and investors have been closely following the recent developments in the Bitcoin mining industry. According to researcher Kaiko, a significant shift in the cryptocurrency market is on the horizon due to a substantial decrease in revenue for Bitcoin…
Crypto Mining: How Thailand Authorities Track Down Over $5M Worth of Crypto Mining Devices Over Electricity Theft
How Crypto Mining Works Image from Financial Times Crypto mining plays a vital role in the crypto ecosystem, where miners extract digital currencies like Bitcoin. However, this task is not without its challenges. Miners encounter obstacles such as post-halving impacts,…
Bitcoin Mining Firm Riot Generates 520 BTC in January 2024, Unveils Sales Strategy
Riot Platforms, Inc. (NASDAQ: RIOT) emerges as a powerhouse, showing a formidable performance in January 2024. The company is trailblazer in vertically integrated Bitcoin (BTC) mining. So, it unveiled staggering figures with an impressive production of 520 Bitcoin during the…
Jack Dorsey and Luke Dashjr’s Bitcoin Evolution – From ‘Toy Project’ to Global Catalyst
Bitcoin has continued to evolve under the watchful eyes of industry leaders. So, in a recent discussion with Jack Dorsey, Block CEO, and Luke Dashjr, Bitcoin Core Dev and OCEAN CTO, the trajectory of Bitcoin’s journey and the challenges it…
55% of Bitcoin hash rate is controlled by these 2 mining pools. How Decentralized Bitcoin truly is?
Chris Blec, a crypto analyst, recently shed light on a pressing issue within the Bitcoin network through his X handle. He emphasized that the two primary mining pools control over 55% of Bitcoin hash rate. Could steer Bitcoin mining towards…
Shocking! This Bitcoin Mining Company Is Having a Nearly 200% Increase in their BTC Production
Bitdeer is a Bitcoin mining company with the goal of changing how certain things work with BTC mining. So, they recently saw a massive surge in their Bitcoin mining for the year and monthly data. Brace up as we dive…
Volcano Energy joins forces with Luxor to launch El Salvador’s inaugural Bitcoin mining pool
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,…
Uncovering Bhutan’s Covert Bitcoin Mining Operations
Nestled in the Himalayas, Bhutan has been silently building its own Bitcoin mining operation using the abundant hydroelectric power generated by the region’s glacier-fed rivers. Though discussions around this project have taken place since 2020, it wasn’t until recently that…
Revolutionary TeraWulf Launches Nuclear-Powered Bitcoin Mining at the Nautilus Facility in Pennsylvania for 8000 crypto miners
TeraWulf, a leading bitcoin mining company, has announced that it has energized nearly 8,000 bitcoin mining rigs at its Nautilus facility in Pennsylvania. The company has partnered with Energy Harbor to power the facility with nuclear energy, making it one…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
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,…
