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…

A hidden cryptocurrency mining operation discovered inside Cohasset school

A former town employee from Cohasset, Massachusetts, named Nadeam Nahas, was scheduled to appear in court on Thursday as a suspect in an alleged cryptocurrency mining operation that was illicitly connected to the electrical system of Cohasset Middle High School.…

The Crypto Winter is Increasingly Freezing the New York Bitcoin Mining Industry

The city of New York is currently seeing a heavy decline in crypto mining activity which has been precipitated by the enduring crypto winter. New York City and its environs was just the perfect operating ground for crypto miners during…

Norway Scraps Electricity Subsidies for Norwegian Bitcoin Mining Firms

Aftenpost, Norway’s largest newspaper, has confirmed that the Norwegian government will stop giving electricity subsidies to crypto mining firms in the country. Bitcoin mining firms in the country had been paying a lowly $0.05 per kilowatt which will soon rise…