Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022
On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The...
Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports
Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and...
Bitcoin Miners Sail Through Over 400 Difficulty Changes With 13 More Anticipated Before the...
In 189 days or 27,000 blocks, Bitcoin’s block reward is anticipated to halve. Within this period, around 13 adjustments in Bitcoin’s difficulty are expected....
Core Scientific Faces Bankruptcy With Over 78% collapse in Share Value
Prominent Bitcoin (BTC) mining firm Core Scientific has revealed in a court filing that it is contemplating bankruptcy as a possible solution since it...
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent...
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82%...
Core Scientific’s future is under “substantial doubt”
The bitcoin miner Core Scientific has voiced "substantial doubt" that they would be able to continue their activities over the course of the next...
Today in Crypto: Synapse Protocol Reports Potential Rugpull, IQ.wiki Partners With InvestHK, World Has...
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Security newsDecentralized finance...
Blockstream Secures $125 Million in Funding for Bitcoin Mining Operations
Digital asset infrastructure firm Blockstream has secured $125 million in funding aimed at expanding its bitcoin mining facilities. Blockstream has received the funding in convertible...
Novogratz’s Galaxy Digital Invests $100 Million to Prevent Argo Bitcoin Miner Firm Bankruptcy
Bitcoin (BTC) miner Argo Blockchain said it would sell its Helios mining facility to US-based crypto financial services firm Galaxy Digital for $65 million.In a press release...
Auradine Unveils New Teraflux Miners Setting New Efficiency Benchmarks in Bitcoin Mining Industry
While several leading mining rig manufacturers have introduced more efficient bitcoin miners measured in joules per terahash (J/T), Auradine, based in California, has announced...