Due to the closure of a Bitcoin mining company, this town will pay 20% more for electricity

Key facts: After three years, KryptoVault closed its facilities in the town of Stokmarknes, Norway. The BTC mining center had an annual consumption similar to that of 3,200 households in this region. Following the closure of a bitcoin (BTC) mining facility in a town in Norway, Citizens will pay 20% more in electricity ratesThis is … Read more

Major Bitcoin miners announced expansions of their hashrate

Key facts: Hashrate measures the processing power of miners to work on the Bitcoin network. These are the companies CleanSpark, Riot Platforms and Compass Mining. While the hashrate As Bitcoin (BTC) remains close to its all-time high (ATH), mining companies of this crypto asset are forced to increase their processing capacity to remain competitive and … Read more

Bitcoin, Dogecoin and Kaspa lead cryptocurrency mining

Bitcoin (BTC), Dogecoin (DOGE) and Kaspa (KAS) lead the most relevant metrics linked to cryptoassets based on the Proof of Work (PoW) protocol. In this rankingprepared by the mining pool f2poolstatistics such as market capitalization, hashrate (which measures the security of the network and the processing power of the miners) and the amount of daily … Read more

Is Bitcoin mining still worth it? This tool will help you find out

Bitcoin miners aren’t having a great time right now. Mining difficulty is at an all-time high. This means that more computing power is needed to successfully process a block and make a profit. If you didn’t know, the mining difficulty indicates How complicated is it to find the hash? to add a new block to … Read more

Something is changing in the ‘Hashrate War’ between the United States and China

Key facts: The United States’ openness to mining contrasts with China’s semi-clandestine nature. The Czech Republic and Japan follow the two powers with 1% and 2% respectively. The United States is increasingly casting a larger shadow over China’s mining industry, which now accounts for 53% of the total Bitcoin hashrate. This narrowing of the gap … Read more

Bitcoin miners robbery in Paraguay ends in shootout between criminals and police

Key facts: The criminals escaped with more than 15 Bitcoin ASIC miners. Police found another 7 mining machines at the site, which were confiscated. In the San José neighborhood of Ciudad del Este, Paraguay, a robbery of Bitcoin miners ended in a violent confrontation between criminals and police, during which gunfire was exchanged. Still, the … Read more

Brazilian federal police seize 18 Bitcoin miners

The Brazilian Federal Police, in an operation carried out in the municipality of Queimadas, Paraíba, about 1,100 kilometers from Brasilia, seized 18 Bitcoin miners. This action It was part of a series of raids carried out last week, in which two individuals aged 34 and 40 were also detained, who were fined for embezzlement. During … Read more

Japan’s largest power company mines bitcoin with renewable energy

Key facts: TEPCO subsidiary estimates that 10% of the wasted energy would produce 2.5 billion BTC per year. Solar energy is intermittent and cannot be stored in large quantities. Tokyo Electric Power Company (TEPCO) has entered Bitcoin mining using the excess renewable energy that is being wasted by solar panels in two prefectures. It is … Read more

More than 30 machines seized

Key facts: The framework that regulates mining activity has several legal aspects. The farm was located in the state of Guárico, in the plains region of Venezuela. Members of the Bolivarian National Armed Forces (FANB) raided a Bitcoin mining farm located in Guárico, in the plains region of Venezuela. According to the report of the … Read more