Mining Pools Financial News

30.08 / 08:51

Mining regulation Environment Mining Pools Stronghold requests permission to burn tires for crypto mining in Pennsylvania

Stronghold Digital Mining, a Pennsylvanian crypto-mining company, is currently seeking approval to produce up to 15% of its energy using shredded tires, at its Panther Creek plant in Nesquehoning. Local environmental activists are preparing to oppose the initiative.

29.11 / 13:12

business Mining Pools Rewards Bitcoin Jack Dorsey wants to decentralize Bitcoin mining with new investment

Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey is backing a new BTC mining pool to help miners regain control of block rewards and transaction fees.

04.10 / 13:03

Blockchain Mining Mining Pools Bitcoin El Salvador launches first Bitcoin mining pool as Volcano Energy partners with Luxor

El Salvador officially launched its first local Bitcoin (BTC) mining pool as the Volcano Energy project begins mining blocks through Lava Pool in partnership with Luxor Technology.

18.09 / 12:55

business Mining Mining Pools Bitcoin USBTC Hut 8 receives greenlight from Canadian Supreme Court for USBTC merger

Canadian Bitcoin mining firm Hut 8 is set to wrap up its planned merger with US Bitcoin (USBTC) following final approval from the Supreme Court of British Columbia.

15.09 / 10:37

Blockchain Mining Mining Pools Bitcoin Returns Miner returns over $500k in BTC transaction fee overpayment to Paxos

The Bitcoin (BTC) miner who received the 19.8 BTC in fees has returned the funds to blockchain infrastructure firm Paxos, after its claims that the company made the mistake of paying over $500,000 in BTC transfer fees.

13.09 / 18:31

Mining ASIC Mining Pools Bitcoin This Bitcoin mining project attracts users with new tokenomics and DeFi opportunities

With Bitcoin mining difficulty at an all-time high, is it too late for beginners to start mining the largest cryptocurrency by market cap? The short answer is No — there are specialized services that make the whole mining process look easy.

06.09 / 08:49

business Mining Mining Pools Bitcoin Marathon’s Bitcoin mining rate fell 9% in August

United States-based crypto mining operator Marathon Digital Holdings produced 1,072 Bitcoin (BTC) in August — 9% less than in July but five times more than in August 2022.

29.08 / 13:13

business Mining Mining Pools Cloud Mining Bitcoin Canaan’s Q2 mining revenue jumps 43% on Q1, but net loss climbs 31%

Bitcoin mining company Canaan announced its unaudited financial results for Q2 2023, showing growth in computing power sold and Bitcoin (BTC) mining revenues, while it tackled a significant net loss of $110 million — up 31% on Q1.

29.08 / 09:15

business Mining Mining Pools Cloud Mining Bitcoin Argo Blockchain cuts 2022 debt by half, down to $75M

The mining company, which has been one of a number of firms to struggle amid negative market conditions and a highly-competitive mining ecosystem, reported half year net losses of $18.8 million in 2023, down over 50% from a net loss of $39.6 million in H1 2022.

17.08 / 11:01

Blockchain Mining ASIC Mining Pools Bitcoin Bitcoin mining researchers claim new tech ups winning hash chance by 260%

Quantum Blockchain Technologies (QBT) — a research company based in the United Kingdom — has developed artificial intelligence (AI)-powered algorithms that could significantly increase the mining winning probability of certain ASIC Bitcoin (BTC) miners, its CEO Francesco Gardin said in an interview with Cointelegraph.

15.08 / 15:37

Blockchain Mining Blockstream ASIC Mining Pools Bitcoin Perfect storm for undervalued ASICs: Blockstream plans $50M raise to buy miners

Blockchain technology firm Blockstream is looking to raise up to $50 million to purchase and store mining equipment that it perceives to be undervalued on secondary markets.

14.08 / 15:09

Mining ASIC Mining Pools Bitcoin USBTC TeraWulf increases self-mined BTC in Q2, while Hut8 looks to USBTC merger

Bitcoin (BTC) mining firm TeraWulf has seen a drastic increase in BTC rewards since increasing its mining capacity in the first half of 2023.

02.08 / 15:23

business Blockchain Kucoin Mining Pools KuCoin suspends Bitcoin and Litecoin mining pools

KuCoin's Bitcoin (BTC) and Litecoin (LTC) mining pools will be suspended from 16:00:00 on Aug. 15, 2023 (UTC) until further notice.

21.07 / 14:55

Blockchain Mining Mining Pools Bitcoin Bitcoin miners still bullish despite toughest bear market yet - Hut8, Foundry, Braiins

Bitcoin (BTC) miners have been up against the ropes over the past year, with record amounts of BTC sent to centralized exchanges to cover costs in 2023.

19.07 / 09:43

Blockchain Mining Hash Rate Mining Pools Bitcoin Bitcoin miners hedging with recent sell-offs - Bitfinex report

Bitcoin (BTC) mining companies are employing derisking strategies by offloading Bitcoin to exchanges, according to a market report from Bitfinex.

13.04 / 10:15

Mining regulation Mining Pools Montana ‘right to mine’ crypto bill passes the House

The bill, seeking to enshrine crypto miners’ rights in Montana, United States, successfully passed the third reading in the state’s House of Representatives. Now, the only thing that is required for it to become law is the Governor’s signature.

07.03 / 06:33

business Mining Mining Pools Bitcoin TeraWulf goes nuclear: 8,000 rigs spool up in Nautilus mining facility

United States-based Bitcoin mining company TeraWulf has fired up a new crypto mining facility in Pennsylvania — solely running on nuclear power generated on-site.

01.03 / 05:09

regulation SEC income Mining Pools Bitcoin Marathon Marathon Digital bungles crypto impairment sums, will reissue financials

Bitcoin (BTC) miner Marathon Digitial will reissue a number of previous financial statements after the Securities and Exchange Commission (SEC) pointed out some accounting errors the firm made.

28.02 / 14:43

Mining Energy Mining Pools Bitcoin How this mining pool strives to make Bitcoin greener

Bitcoin (BTC) miners consume massive amounts of energy to secure the network and process transactions. While the network offers many benefits, like banking the unbanked, Bitcoin’s energy consumption is a controversial topic for critics. However, new solutions are emerging to reduce the environmental impact of Bitcoin mining.

22.02 / 17:51

Blockchain NFT Mining Mining Pools Bitcoin Community Bitcoin acquires Luxor Mining acquires OrdinalHub amid Bitcoin-based NFTs hype

The January launch of Bitcoin Ordinals created a stir within the crypto community about its place within the Bitcoin ecosystem. Users are debating whether they offer new use cases for Bitcoin or if it takes away from BTC’s peer-to-peer cash system vision.

13.02 / 18:46

Mining Hash Rate Mining Pools Bitcoin You don’t see that every day: Bitcoin empty block found

Bitcoin (BTC) is known for its robustness, security and predictability. Every 10 minutes–on average–the blockchain produces a new block and the successful miner earns a block reward of 6.25 BTC, circa $130,000.

what you should know about Mining Pools

What is Mining Pools and why is it gaining attention?

Mining Pools is a significant category that draws public attention. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on Mining Pools?

All latest articles about Mining Pools can be found in the highlighted block. We publish information regularly.

How can I verify the accuracy of information on Mining Pools?

We rely on trusted sources to ensure that the information about Mining Pools is accurate and valuable for our readers.