Your Daily Digest of Global Stories
In June 2024, Marathon announced that it was mining Kaspa. The price of kaspa (KAS) has been trending sideways since May. Marathon Digital Holdings (MARA), the largest Bitcoin mining company in the world, has not yet managed to see fruits in its foray into mining kaspa (KAS), a cryptocurrency that promised high profit margins, but…
Officials from the Anti-Narcotics Department of the Paraguayan National Police carried out an operation in the city of Pedro Juan Caballero, capital of the department of Amambay, where they seized more than 100 ASIC Bitcoin miners and detained two individuals. The raid took place in the Jardín Aurora neighborhood. The operation took place after a…
After a month of its launch, on October 9, 2024, the Fractal Bitcoin (FB) network, a Bitcoin (BTC) sidechain, managed to capture 35% of the hashpower (or total processing power) of Bitcoin. This hashpower measures the computing capacity of a miner or a network intended to process the cryptographic algorithms that secure and validate Bitcoin…
With CoinEx Mining, users can earn profits by locking up cryptocurrencies. Unlike mining pools, CoinEx Mining does not set lockup periods. Cryptocurrency mining has evolved as a major investment opportunity as the market expands. While traditional hardware-based mining still has its place, the high barriers to entry and associated costs have deterred many investors. At…
Ethiopia already has more capacity than some of the largest mining data centers in LATAM. Bitcoin mining in Ethiopia is legal, but BTC trading is not allowed. In a negative context for the profitability of bitcoin (BTC) mining that affects Europe and Latin America, the search for cheap energy to carry out this industry is…
The miners have a hashrate of 319 TH/s and 216 TH/s, respectively. The mining equipment will be delivered between the first and second quarters of 2025. Bitmain announced this Wednesday, October 9, at the Bitcoin Amsterdam 2024 event, two new Bitcoin miners, the S21+ Hyd and S21+ ASICs. These devices have hashrates of 319 TH/s…
The growing demand for computing power to train and power artificial intelligence (AI) models is reshaping the bitcoin (BTC) mining landscape. The companies that have known how to take advantage of their infrastructures to enter the world of AI are being rewarded with a higher market valuationwhile those that remain focused exclusively on cryptocurrency mining…
Rockdale Mayor Ward Roddam tells in a letter how bitcoin revitalized his city. “We are on the threshold of a new economic renaissance,” said the mayor. Rockdale, a small town in the U.S. state of Texas, faced a serious economic disaster in 2008. It happened when the Alcoa aluminum plant, which had been the town’s…
An important indicator of BTC profitability is at all-time lows. Meanwhile, hosting for high-performance computing is attractive to miners. Bitcoin mining is going through one of its biggest predicaments in years. This crisis has sparked survival behaviors among miners, who are beginning to diversify the use and purpose of their data and energy centers. This…
The anonymous miner has 11 unspent outputs (UTXO) at his address. To date, it stores the equivalent of almost USD 3 million in BTC. Most Bitcoin mining pools are identified and traceable. Pools with this feature concentrate almost 96% of the hash rate, which is why it is surprising that an anonymous miner is processing…
