Riot Platforms Highlights Risks Associated With Upcoming Bitcoin Halving Event in Annual Report

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In its latest annual report, Riot Platforms, the publicly-listed bitcoin mining firm, outlines several significant risks that could impact its operations, including troubles in...

Legal Action Forces US Energy Department to Suspend Crypto Mining Investigation

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Following legal action initiated by Riot Platforms and the Texas Blockchain Council against the U.S. Department of Energy (DOE), the department’s statistical branch, the...

Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days

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Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining...

Riot and Texas Blockchain Council Challenge US Government’s Bitcoin Mining Data Request in Court

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The publicly listed mining firm Riot Platforms and the Texas Blockchain Council have initiated legal proceedings against the U.S. Department of Energy (DOE) and...

Riot Mined 6,626 Bitcoin, Clinching Record $281M Revenues in 2023

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Riot Platforms saw a $280.7 million revenue boost in 2023, attributed to increased Bitcoin production, higher average prices, a strong balance sheet, and enhanced...

Ethiopia Embraces Bitcoin: $250 Million Mining Project Sparks Global Interest

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Ethiopia gears up to kickstart its $250 million data mining project. Following the approval of mining activities, Ethiopia is spearheading Bitcoin mining on a continental...

US EIA Starts Requiring Energy Consumption Data From Cryptocurrency Miners

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The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners requiring data related to...

Bitcoin Mining Firms Terawulf and Cleanspark Ramp up Hashrates, Boost Financial Footing

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This week witnessed significant expansions in the bitcoin mining sector, with two leading firms unveiling substantial increases in their operational hashrate. Terawulf disclosed that...

Bitwise Bitcoin ETF Among Top 25 Fastest ETFs to Reach $1 Billion in Assets...

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Last updated: February 16, 2024 09:29 EST | 4 min read ...

Bitcoin’s Latest Difficulty Retarget Jumps 8.24%: Miners Navigate the Toughest Mining Landscape Yet

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Bitcoin’s mining difficulty has hit an unprecedented peak, marking the most significant jump of 2024. On Thursday, at the milestone of block 830,592, the...