Much like the end of 2023, when Bitcoin broke records with its transactional volumes and hashrate, the cryptocurrency rang in New Year’s …
Mining
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Mining
Mining Milestone: Bitcoin Hashrate Hits Record 808 EH/s on New Year’s Eve
by shayaanby shayaanMuch like the end of 2023, when Bitcoin broke records with its transactional volumes and hashrate, the cryptocurrency rang in New Year’s …
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Ethiopia’s state-owned power producer, and a population of 126 million Ethiopians, welcomed the bitcoin mining industry in 2024 with an attractive electricity …
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Mining
African crypto revolution continues as Ethiopia ranks among global BTC mining leaders
by shayaanby shayaan2024 was a pivotal year for Ethiopia as it generated around $1 billion in BTC mining profits due to its access to …
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Mining
Bitcoin Mining Faces Rising Costs as Hashprice Boosts Provide Only Temporary Relief
by shayaanby shayaanThe mining difficulty of Bitcoin hit a new peak of 109.78 trillion, climbing 1.16% in Sunday’s latest adjustment. This represents a 24% …
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Mining
Lawmaker warns crypto miners in Chechnya will be treated like terrorists in 2025
by shayaanby shayaanState Duma lawmaker Adam Delimkhanov says crypto miners in Chechnya will be equated with terrorists, following the ban on cryptocurrency mining in …
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Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event. As bitcoin’s …
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Mining
Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources
by shayaanby shayaanAlexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency mining accounts for almost 1% of Russia’s energy consumption. …
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Mining
This Bitcoin Miner from Wall Street Trades Canadian Roots for Texas Territory
by shayaanby shayaanThe publicly listed Bitcoin (BTC) miner from Wall Street, HIVE Digital Technologies (NASDAQ: HIVE) announced today (Tuesday) its strategic decision to relocate …
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Litecoin is an early-stage altcoin developed by a former Google Engineer, Charlie Lee in October 2011. Lee wanted to create a cryptocurrency …