How Hard Is It to Mine Bitcoin? Solo Mining Odds & Reality
What Are Your Chances of Successfully Mining Bitcoin Solo? Bitcoin mining is now more competitive than ever with difficulty levels exceeding 129 trillion units, the highest it’s ever been. As…
UAE identified as holding $700M in Bitcoin from mining operations
According to blockchain analytics platform Arkham Intelligence, the United Arab Emirates holds about $700 million in Bitcoin. Arkham traced the mining activity to Citadel Mining, which it said was established…
Pakistan to create strategic Bitcoin reserve, earmarks 2000MW for crypto mining
Pakistan is set to embark on a significant foray into the cryptocurrency landscape, with the government announcing plans to establish a strategic Bitcoin (BTC) reserve and allocate substantial energy resources…
All you need to know about EMCD: Mining Pool, Coinhold, P2P Platform, and Wallet
EMCD has firmly established itself as a leader in the cryptocurrency industry, offering a comprehensive ecosystem that caters to both novice and experienced crypto enthusiasts. With a strong presence in…
Riot announces acquisition of Bitcoin miner Block Mining
Riot Platforms announced its acquisition of Block Mining on July 23. The bitcoin miner said the transaction involved $18.5 million in cash and $74 million in Riot common stock. Riot…
Swan Bitcoin halts IPO plans and shuts down mining operations
Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting IPO efforts. Mining sector faces challenges, with firms…
Core Scientific the first buyer of Block’s 3nm Bitcoin mining ASICs
Core Scientific buys Block’s 3nm Bitcoin ASICs in a major deal between the two companies. The deal boosts Core Scientific’s hash rate by 60%, enhancing efficiency and profitability. The deal…
What Is the Ice Open Network: Mobile Mining and Scalability
What Is the Ice Open Network? Ice is a decentralized blockchain network designed for scalability and privacy with mobile mining features, enabling everyday users to participate in the network an...
Bitcoin miner Marathon Digital is mining Kaspa (KAS)
Marathon Digital (MARA) has disclosed its mined 93 million KAS worth $15 million. The Bitcoin miner says the operation is part of its diversification of its revenue streams. Marathon to…
Chinese Telecom giant Coolpad to buy Bitcoin mining rigs worth $13.5 million
Coolpad Group plans to acquire 2,700 BTC mining rigs for $13.5 million. The company will deploy these rigs in North America. Coolpad, a Shenzhen-based telecom provider listed on the Hong…