Bitcoin rose to the sky and took mining companies with it

Some mining companies have risen up to 35% in a single day. Overcoming the “anti-cryptocurrency crusade” for the next 4 years is experienced with anticipation in Thanks to Bitcoin and the milestones surrounding it, the stock prices of BTC mining companies in the United States have seen significant gains and recoveries in recent days. The … Read more

How Donald Trump can change bitcoin mining in the United States?

Creating a strategic bitcoin reserve could bring stability to mining activity in the US. Mining all remaining BTC in the US would benefit the country, but would have centralization risks. Donald Trump has made several promises related to bitcoin during his campaign. Among them, he has promised to release Ross Ulbrich, the creator of Silk … Read more

How do Bitcoin miners react?

Mining companies hope that the new president will generate a favorable context for their industry. For the first time in history, the US Congress has a majority of pro-bitcoin officials. Managers, advisors and companies dedicated to Bitcoin (BTC) mining in the United States have welcomed Donald Trump’s victory in the presidential elections in this country … Read more

Bitcoin has another most profitable contender in cryptocurrency mining

The most profitable Bitcoin ASIC costs $20,000, double that of ALPH. ALPH’s most profitable mining rig also surpasses those of DOGE, KAS and LTC. Bitcoin is the largest crypto asset in the world, and its security and global distribution is unmatched in the world of cryptocurrencies. However, Bitcoin mining is not going through the best … Read more

Bitcoin mining will be used to stabilize Germany’s power grid

The telecommunications giant Deutsche Telekom is behind the mining project. They are looking for Bitcoin miners to stabilize energy production peaks. Deutsche Telekom, through its subsidiary MMS, in collaboration with the German bank Bankhaus Metzler, began a pilot project to use Bitcoin mining to stabilize Germany’s electrical grid. This project takes advantage of surplus energy … Read more

Bitcoin miners’ profits decline for the fourth consecutive month

The Bitcoin mining industry experienced another challenging month in October, according to a recent JP Morgan report. Despite a significant increase in hashrate, which measures the computing power used to mine cryptocurrencies, miners’ revenue and profits continued their downward trend. This is the fourth consecutive month in which a decline in daily Bitcoin mining revenue … Read more

Bitcoin mining in Russia is “legal” as of today

Vladimir Putin, the president of Russia, approved legislation on August 8 that legalizes Bitcoin mining activity in the country. A part of said legislation officially comes into force today, November 1, 2024. Bliss law exposesalso according to the Duma, states that the requirements for carrying out bitcoin and cryptocurrency mining activities by natural and legal … Read more

Central Bank of Argentina exposes Bitcoin and other cryptocurrencies miners

Apart from the miners, destroyed banknotes are displayed, in reference to the future of currencies. The artistic exhibition is exhibited in the BCRA Historical Museum. The Central Bank of the Argentine Republic (BCRA) inaugurated an unprecedented exhibition in its Historical Museum. The exhibition, shared by the artist Alberto Echegaray and titled “Art, Artificial Intelligence and … Read more

What will happen to bitcoin mining after the United States elections?

Bitcoin mining in the United States has a significant global dimension. Today, more than 35% of the hashing power in bitcoin comes from this country. And in a few days, the leadership of the country with the second largest mining power in the world will change, after the new president is decided in the elections … Read more

Users are seduced by decentralized bitcoin mining

Prior to the DATUM protocol, this pool had an average of 1 block mined per month since June. Users entering this pool in October caused an increase in the hash rate. Since October 2024 began, the pool bitcoin (BTC) mining company Ocean, through its new decentralized mining protocol DATUM (“Decentralized Alternative Templates for Universal Mining”), … Read more