Mining Financial News

09.08 / 05:53

Blockchain Ethereum Mining Consensus F2Pool F2Pool co-founder responds to allegations it's cheating the Ethereum POW system

F2Pool co-founder Chun Wang has responded to allegations that his mining pool has been manipulating Ethereum block timestamps to “obtain consistently higher mining rewards."

08.08 / 13:21

Ethereum Mining Ethereum Classic EthereumPOW EthereumPoW Fork Won't 'Significantly' Harm Ethereum - Vitalik Buterin

06.08 / 23:29

business Mining stocks Bitcoin Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July

Canadian Bitcoin (BTC) miner Hut 8 Mining Corp. added to its massive BTC reserves in July, as the firm maintained its long-term “HODL strategy” in the face of market volatility.

05.08 / 18:47

business Blockchain Mining Bitcoin Crypto miners Antminer S19 XP dropped in a bid to swing crypto miners back into profit

With the Bitcoin (BTC) price moving at a very steady pace during the crypto winter, the return on investment (ROI) on a new mining device seems like a shot in the dark. But a mining expert explained there may be hope for miners to make a comeback to profit.

05.08 / 14:57

business Mining Bitcoin Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital

Cryptocurrency mining firm Argo Blockchain continues to sell its Bitcoin (BTC) holdings to cut its debt to Michael Novogratz’s crypto investment firm Galaxy Digital.

05.08 / 13:53

Ethereum Mining proof-of-work Poloniex Justin Sun, Poloniex Back Plan to Create a PoW Ethereum Hard Fork

Ethereum (ETH) miners fearing the worst should the network’s much-vaunted move to proof-of-stake (PoS) go ahead next month could be thrown a lifeline – with Justin Sun and his Poloniex crypto trading platform stating that they will provide support for a proposed proof-of-work fork (PoW) fork.

05.08 / 09:41

business Mining Texas Bitcoin Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO

White Rock Management CEO Andy Long believes bear markets "present excellent opportunities” for expansion via mergers and acquisitions in the crypto mining sector.

04.08 / 17:51

UPS Mining Bitcoin Drop Mining Difficulty Bitcoin Mining Difficulty Cuts the Drop Streak

After a nearly two-month-long drop streak, Bitcoin (BTC) mining just got a bit more difficult.

03.08 / 20:53

business Mining Texas Riot Riot Blockchain's Bitcoin mining productivity dropped 28% YOY amid record Texas heat

Crypto mining firm Riot Blockchain reported it produced fewer Bitcoin (BTC) in July 2022 than that in July 2021 after scaling down operations at its Texas facility.

02.08 / 23:07

business Mining Crypto miner Digihost plans to move rigs from New York to Alabama

Digihost, a United States-based cryptocurrency mining company, has announced plans to move part of its fleet from New York to Alabama in an effort to lower energy costs.

01.08 / 16:25

Ethereum Mining Bitfinex proof-of-work If Ethereum Splits, Leading Exchanges are ‘Likely’ to List ETHPoW Token – BitMEX

A potential Ethereum (ETH) PoW split chain may continue to function but would have substantial issues to resolve along the way, according to the research team of the major crypto exchange BitMEX.

29.07 / 16:59

markets Ethereum Mining proof-of-work Ethereum chain split is possible after the Merge, survey finds — but will ETC price keep climbing?

Ethereum's proof-of-work (PoW) powered by GPUs generated approximately $19 billion in revenue last year for ETH miners. But these revenue streams are in danger as Ethereum is expected to become a proof-of-stake (PoS) blockchain via "the Merge" upgrade in September.

29.07 / 16:17

business Mining Bitcoin What happens when 21 million Bitcoin are fully mined? Expert answers

When the last Bitcoin (BTC) is finally mined, the livelihood of miners who rely on block rewards as a source of income will be affected. Despite this, the future of mining stays promising, according to an expert in space.

27.07 / 14:05

markets Mining proof-of-work Ethereum Classic gets 'endorsement' from Vitalik Buterin, but ETC price still risks 50% crash

Ethereum Classic (ETC) continues to reap benefits from its blockchain rival Ethereum's upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS).

26.07 / 22:47

business Mining NASDAQ Bitcoin Price Core Scientific to increase ASIC server capacity by 75 MW

United States Bitcoin (BTC) miner Core Scientific has signed a new colocation agreement to increase its data center hosting capacity by 75 megawatts (MW), a move intended to showcase the company’s ongoing commitment to boosting its infrastructure capabilities amid the ongoing bear market.

21.07 / 22:25

BTC Mining Bitcoin Mining Difficulty fall Bitcoin Mining Difficulty Sees Its Biggest Fall in 12 Months

Bitcoin (BTC) mining difficulty has just seen its largest drop in a year, helping miners increase their profitability during this harsh crypto winter.

20.07 / 17:39

Mining Bitcoin Q2 Saw Over 59% of Bitcoin Mining on Sustainable Energy Mix - Bitcoin Mining Council

The global Bitcoin (BTC) mining industry had a sustainable electricity mix of 59.5% during the second quarter of the year, or slightly up compared with the first quarter, according to the latest quarterly survey conducted by the Bitcoin Mining Council.

20.07 / 07:45

Mining Hash Rate Bitcoin Power BTC Mining Sustainable Bitcoin mining power mix hits 59.5%: BTC Mining Council

Nearly 60% of the electricity used to power Bitcoin mining machines comes from sustainable sources, according to the latest Q2 2022 report from the Bitcoin Mining Council (BMC).

19.07 / 08:51

business Mining Mining Pools Marathon Marathon inks new arrangements to achieve 2023 hash rate target

Bitcoin miner Marathon Digital Holdings has secured a deal that it says provides electricity to generate enough power to contribute 23.3 exahashes per second (EH/s) to the Bitcoin network.

18.07 / 05:57

Adoption Mining regulation South America crypto framework Framework Paraguay’s crypto framework one step away from becoming law

The Paraguayan Senate passed a bill on July 14 establishing a tax and regulatory framework for businesses operating in the cryptocurrency and the crypto mining sectors.

15.07 / 07:39

Mining Energy Consumption Bitcoin BTC Mining Costs BTC mining costs reach 10-month lows as miners use more efficient rigs

The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% since its May peak.

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