Mining

The U.S. government has announced a new initiative to keep tabs on the energy consumption of cryptocurrency mining operations. The Energy Information Administration (EIA) will soon embark on a data-gathering mission, engaging directly with…

Marathon Digital has finalized a deal with Hut 8 to take over the operational control of Bitcoin mining sites by paying a termination fee of $13.5 million. Marathon’s control of the mining sites in Granbury, Texas, and Kearney, Neb.,…

A recent report released by the US Energy Information Administration (EIA) has brought to light the substantial electricity consumption associated with Bitcoin mining operations within the country. The data reveals that these…

Electricity demand worldwide could double over the next three years, mainly due to cryptocurrency mining and artificial intelligence. How will crypto keep up? AI and cryptocurrencies accounted for almost 2% of global electricity demand in…

OKX has discontinued its crypto mining pool and related services. Starting January 26, 2024, registration of new users for these services will no longer be available. According to a statement by the crypto exchange, existing users will…

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Today, BTC-only exchange Swan Bitcoin unveiled its new mining division, Swan Mining, which was previously operating in stealth mode, according to a press release sent to Bitcoin Magazine. The division is now positioned under Swan…

The recent ICO of Bitcoin Minetrix (BTCMTX) has gained attention by securing $9 million for its groundbreaking approach to Bitcoin mining. Bitcoin Minetrix aims to streamline the mining process, potentially setting a new…

Bitcoin, the world's first cryptocurrency, has gained significant popularity over the years. This digital asset has revolutionized the way people perceive money and investment opportunities. In this article, we will explore the concept of…

Bitcoin mining appears to be a safe haven-like alternative for those seeking options to earn BTC while remaining cautious about exposing their funds to market fluctuation risks. Despite the high competition for bitcoin…