Low profitability pushes Bitcoin miners to Artificial Intelligence

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 … Read more

Bitcoin miner challenges large mining pools from the shadows

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 … Read more

July, August and September were losses for Bitcoin miners

The hash rate that measures the computing power of the Bitcoin network grew 2% compared to last month. The statistics linked to BTC mining indicate a complex moment for this activity. The Bitcoin (BTC) mining industry is going through a complex period, with profitability falling for the third consecutive month in September, according to a … Read more

Ocean Pool discards StratumV2 and launches its own mining protocol

Ocean’s new protocol, DATUM, seeks to decentralize bitcoin mining. Individual miners will be able to build their own block templates on the network. Ocean Pool, a pool cryptocurrency mining company, announced on X on September 29 the launch of its decentralized mining protocol for bitcoin (BTC) called DATUM, which stands for Decentralized Alternative Templates for … Read more

Binance Pool Enables Merged Mining with LTC, DOGE and BEL Rewards

In times when bitcoin (BTC) mining is going through a challenging time regarding its profitability, the exchange The world’s largest cryptocurrency exchange, Binance, enabled a new alternative for miners: the merged mining of Litecoin (LTC), Dogecoin (DOGE) and Bellscoin (BEL). This means that when mining LTC from Binance Poolminers will also receive rewards in DOGE … Read more

Bitcoin Miner Hut 8 Pivots into AI Sector with New GPU Service

Hut 8, a Canadian company specializing in cryptocurrency mining and data center management, announced on September 26 its new GPU as a Service business (GPU-as-a-Service in English) aimed at Artificial Intelligence developers. The company reported that it is already generating new income, although it did not detail the figures. The project, developed in partnership with … Read more

Bitdeer enters the game of the most efficient mining equipment for Bitcoin

Key facts: Bitdeer did not specify the computing power in hashrate or the power consumption in volts. Comparing with other bitcoin miners, SEAL02 is among the most energy efficient. The technology and computing company Bitdeer Technologies Group announced on September 26 the successful testing of its latest Bitcoin (BTC) mining chip, SEAL02, on which it … Read more

Bhutan silently challenges El Salvador as the most bitcoiner country

«Your task is to discover your world and then give yourself to it with all your heart» Buddha As several mainstream and popular crypto news media have published, the government of Bhutan is currently mining intensively and holding about 13,000 BTC. The news came to light mainly driven by the public revelation provided by Arkham … Read more

The ruling in favor of the SEC that creates confusion

Green United LLC, a company that offered mining equipment for its GREEN token to US residents, engaged in a fraudulent scheme, according to a lawsuit filed by the Securities and Exchange Commission (SEC) last year that has now found support in a court. In a Judgment issued on September 23Judge Ann Marie McIff Allen determined … Read more

The best option to mine Litecoin and Dogecoin

Key facts: The Antminer L9 has a large processing capacity, 17.6 GH/s. Mining from MinandoVoy hosting in Dubai increases profitability. MinandoVoy, the company specialized in the sale of cryptocurrency mining equipment, launches the new Antminer L9, a cryptocurrency mining equipment that has positioned itself as one of the most profitable on the market. This device … Read more