Russian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting to approximately …
Mining
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KYC (Know Your Customer) is increasingly becoming an essential legal requirement for mining pool providers. Although this concept is relatively new to …
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Mining
This Bitcoin Miner Nears Penny Stock Status as Revenue Declines Despite Mining Gains
by shayaanby shayaanPhoenix Group, the first UAE-listed cryptocurrency mining company, reported mixed financial results for 2024, with strong mining revenue growth contrasting against an …
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Mining
Threat to Bitcoin Mining is Growing – Here Are The Changes That May Happen In The Coming Period
by shayaanby shayaanCryptocurrency analytics firm Alphractal has released a report addressing growing concerns in the Bitcoin mining sector, highlighting historical indicators, industry pressures, and …
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US Customs and Border Protection (CBP) has conducted an enforcement action to seize Bitcoin mining application-specific integrated circuits (ASICs) at US port …
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Mining
Abu Dhabi’s crypto mining firm Phoenix Group posts 236% revenue surge amid global expansion
by shayaanby shayaanPhoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group …
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Mining
Bitcoin’s transaction finality now takes over a week due to mining centralization, developer claims
by shayaanby shayaanBitcoin Core developer Luke Dashjr has raised concerns about the finality of Bitcoin transactions, stating that the widely accepted six-block confirmation rule no …
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I couldn’t tell you exactly how many hours I’ve spent mining fake gems in the mobile game Idle Mine, which pays out …
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Web3
Intchains Group Limited’s Goldshell launches its first ever ALEO miner today: AE BOX promises users ultimate crypto mining privacy and security
by shayaanby shayaanSINGAPORE, Feb. 08, 2025 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG), an innovative provider of integrated solutions consisting of efficient mining …
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Mining
Bitcoin (BTC) mining difficulty may rise over the weekend, putting more pressure on overstretched miners
by shayaanby shayaanBitcoin (BTC) is becoming more difficult to mine after increasing competition in the past ten days. The next difficulty adjustment may make …