Zcash Mining Highly Profitable: Grayscale Says Rewards Beat Bitcoin 2x
Zcash mining rewards are roughly twice Bitcoin’s per machine and four times higher per unit of electricity, Grayscale estimates. Strong token prices are encouraging...
Deep in Mexico’s Jungle, Police Found 300 Crypto Miners Humming
According to reports, Mexican law enforcement authorities discovered a cryptocurrency mining farm located deep in the remote Sierra Norte mountains of Puebla. Officials believe...
Solo Bitcoin Miner Hits $244K Jackpot After Nearly 40-Day Drought
Earlier this week, at block height 966351, against some seriously long odds, a solo miner hit the jackpot, raking in a solid $244,920 worth...
Difficulty Rises, Hashprice Rips 22% as Bitcoin Hashrate Stalls
While bitcoin’s price has fueled mining revenue, miners experienced a moderate difficulty rise of 1.31% at block height 965664. The latest change marks the...
Miner Weekly: Bitcoin Miners Unplug 23% as AI Revenue Surges 52%
Bitcoin’s second-quarter unplug looked like capitulation. It wasn’t. This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest...
Zcash Price Spike Fuels Massive Mining Profits and Hashrate Boom
According to the latest market metrics, the privacy coin zcash (ZEC) witnessed its price tap an intraday high of $979 per coin on Thursday...
Bitcoin Miners Pocket $1B in August, but Halving Pain Still Lingers
According to metrics, last month, bitcoin miners logged their best month in revenue since May, capturing $1 billion in profits between the subsidy and...
Bitcoin Hashrate Enters First Bear Market as AI Pulls Miners Away
Twenty One Capital CEO Rapha Zagury says bitcoin is experiencing its first sustained bear market in network hashrate. The shift could reshape mining economics...
Swedish Tax Scrutiny Shadows Crypto Miners’ Pivot to AI
Swedish tax authorities are challenging hundreds of millions of kronor in VAT deductions claimed by data center operators in the country’s north, turning the...
US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain
From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin’s hashrate slide...