April 18th, 2025
Bitcoin Mining - Page 4
Bitcoin Hash Rate Hits New ATH Despite Current Bearish Price Trends
By Godfrey Benjamin
October 4th, 2022
The increased hash rate indicates maximum security on the Bitcoin network.
Bitcoin Mining Difficulty to Hit All-Time High with 6.8% Surge
By Bhushan Akolkar
August 29th, 2022
As per report by Blocksbridge, the Bitcoin mining difficulty could spike by 6.8% in one of the biggest increases this year in 2022.
Celsius Network Cleared to Sell Mined Bitcoin to Fund Its Operations
By Godfrey Benjamin
August 17th, 2022
With its bankruptcy proceedings well underway, Celsius Network’s customers are trying to point out what the green light at the end of the tunnel is.
Iris Energy Doubles Hashrate, Plans to Reach 3.7 EH/s by September
By Mayowa Adebajo
August 9th, 2022
Iris Energy expects to be operating at its full 80 megawatts capacity by the end of the year.
Crusoe Energy Systems Acquires Easter-Owens
By Ibukun Ogundare
June 24th, 2022
Bitcoin miner Crusoe Energy Systems has acquired electrical manufacturer Easter-Owens Electric Co after many years of cooperation between both companies.
New York Senate Passes Bill Banning Bitcoin Mining
By Tolu Ajiboye
June 3rd, 2022
New York lawmakers have passed a moratorium that seeks to bar Bitcoin mining operations for two years in order to ease environmental concerns.
FTX Founder: Bitcoin Has No Future as Payment Network
By John K. Kumi
May 16th, 2022
According to Bankman-Fried, Bitcoin is very inefficient and has a high environmental cost which undermines its status as a payment network.
Riot Blockchain to Expand Its Bitcoin Mining Capacity in Texas by 1 GW
By Darya Rudz
April 28th, 2022
To complete the expansion, Riot plans to get support from its strategic partner Priority Power, a Bitcoin mining energy services leader.
Adrian Grenier: Crypto Can ‘Fix a Lot of the Systems that Are Broken’
By Darya Rudz
April 4th, 2022
According to Grenier, crypto adoption will reach the level at which fiat currencies will be replaced by digital coins. The actor even plans to start his own mining community in Texas, grow his own food, and use cryptocurrencies as a way to trade locally.
BTC Price Dips to 6-Month Low as Difficulty Hits New All-Time High
By Godfrey Benjamin
January 21st, 2022
Despite the fundamental health of the network, investors could not seem to take their eyes off the sentiments that abound in the broader stock market and the accompanying fears of an increase in interest rate by the United States Federal Reserve.
24-Year-Old Who Left College to Mine Bitcoin Now Earns Nearly $1M a Month
By Darya Rudz
January 5th, 2022
Now, John Paul Baric is earning about $1.3 million a month. He likes spending money on traveling with his parents, eating out at restaurants, and driving luxurious cars.
RIOT Stock Up 3%, Riot Blockchain Buys 18,000 Bitcoin Antminers from Bitmain Worth $202.86M
By Steve Muchoki
January 4th, 2022
Through its acquisitions of more Bitcoin Antminers, Riot Blockchain has increased its Bitcoin mining hash rate capacity.
Argo Blockchain Stock Up 4.17% amid BTC Mining Record
By Godfrey Benjamin
November 8th, 2021
Argo Blockchain unveiled that it expanded its mining capacity, and added 220 PH/s to its total capacity, bringing the firm’s total mining capacity to 1.295 EH/s as of the end of October 2021.
Stronghold (SDIG) Shares Soared 52% in Record IPO Debut for Mining Firm
By Godfrey Benjamin
October 21st, 2021
Stronghold Mining typically generates its energy from coal waste which is notably spread at various sites in Pennsylvania. There are about 840 piles of waste coal in the state resulting from centuries of coal mining activities.
Stronghold Digital Mining Firm to Raise $100M in Targeted IPO
By Godfrey Benjamin
October 14th, 2021
Stronghold Digital Mining noted that it is planning to list its stocks on the Nasdaq following the IPO and offer them under the ticker ‘SDIG’.