Poolin Bitcoin Mining Hash Rate Share Cut In Half
Bitcoin mining pool Poolin suspended withdrawals and is suffering for it as nearly 50% of its hash rate looks to have left. The below is an excerpt from a recent…
White House Suggests Banning Proof-of-Work Mining Used By Bitcoin
The report discusses bitcoin’s energy use and its negative effects on the environment while suggesting possible executive action in the future. Per President Biden’s executive order, the White House Office…
Bitcoin Miners Should Take Solar Energy Plus Storage More Seriously
Bitcoin miners now have a lucrative opportunity as the trend in pairing batteries with solar energy plants accelerates. This is an opinion editorial by Ali Chehrehsaz, a mechanical engineer with…
Indonesia’s Biggest Tech Firm Enters Bitcoin Market With Local Exchange Acquisition
GoTo purchased Indonesian bitcoin and cryptocurrency exchange PT Kripto Maksima Koin for $8.38 million to become a diverse money management company. GoTo purchased PT Kripto Maksima Koin by acquiring 100%…
The Continual Power Of Intermittent Bitcoin Mining
Bitcoin mining operations are finding profitable ways to power up and down intermittently to match their energy sources. Many aspects of the Bitcoin mining industry are poorly understood and often…
Bitcoin Miner Riot Q2 Update Underscores Market Conditions, Holds Over 6,000 BTC
The company still holds a large treasury and ramped up its infrastructure through a $14 million bitcoin sale and dumping over 30 million shares onto the market. Riot increased its…
Methane-Capturer Vespene Energy Raises $4.3M To Help Cities Mine Bitcoin
Vespene builds infrastructure for municipalities to mine bitcoin, creating a new revenue stream and encouraging education in the Bitcoin ecosystem. Vespene Energy raised $4.3 million to help cities mine bitcoin.…
Bitcoin Mining Company CleanSpark Acquires 86 MW Mining Facility
The location has 36 MW currently available and can scale up to 86 MW and the company purchased an additional 3,400 Antminers adding 340 PH/s to its hash rate. CleanSpark…
New York’s Proof-Of-Work Ban Violates Bitcoin Miners’ Right To Free Speech
Supreme Court precedent shows that New York’s moratorium on proof-of-work mining violates Bitcoin miners’ First Amendment rights. This is an opinion editorial by Aaron Daniel, an appellate attorney and author…
As Bear Market Persists, Public Miners Struggle To Outperform Bitcoin Price
Nearly all publicly-traded bitcoin mining companies have failed to outperform bitcoin year to date as the bear market continues. Public bitcoin mining companies have been an unusually prominent fixture of…