mining

Ransomware Hits Australian Gold Mining Firm Evolution Mining

Australia, mining, Ransomware /

Ransomware Hits Australian Gold Mining Firm Evolution Mining 2024-08-13 at 13:46 By Ionut Arghire Australian gold mining company Evolution Mining believes it was able to contain a ransomware attack targeting its IT systems last week. The post Ransomware Hits Australian Gold Mining Firm Evolution Mining appeared first on SecurityWeek. This article is an excerpt from […]

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Oklahoma’s new crypto law protects miners, sets blockchain legal framework

law, mining, United States /

Oklahoma’s new crypto law protects miners, sets blockchain legal framework 2024-05-15 at 23:01 By Cointelegraph by Ana Paula Pereira Oklahoma Governor Kevin Stitt enacted a law on May 13 that creates a legal framework for blockchain and safeguards miners’ activities. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving

Bitcoin Halving, Bitcoin Mining, exahash, hash power, hash rate, mining, Mining Pools, terahash /

Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving 2024-05-14 at 13:02 By Cointelegraph by Zoltan Vardai Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf’s Nazar Khan. This article is an excerpt from Cointelegraph.com News View Original Source React

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Bitcoin miner Bitfarms CEO to depart immediately in response to lawsuit

Bitfarms, Business, court, law, mining /

Bitcoin miner Bitfarms CEO to depart immediately in response to lawsuit 2024-05-13 at 20:01 By Cointelegraph by Turner Wright Nicolas Bonta, Bitfarms co-founder and chair, will take over as interim president and CEO after Geoffrey Morphy filed a lawsuit for $27 million in damages against the mining firm. This article is an excerpt from Cointelegraph.com

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Bitcoin mining difficulty risks biggest dip since 2022 as BTC price eyes $60K

Bitcoin, BTC price, mining /

Bitcoin mining difficulty risks biggest dip since 2022 as BTC price eyes $60K 2024-05-09 at 13:01 By Cointelegraph by William Suberg Bitcoin may still be trading above $60,000, but network fundamentals are already showing the strain as BTC price gains fail to materialize. This article is an excerpt from Cointelegraph.com News View Original Source React

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Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy

Bitcoin Mining, mining /

Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy 2024-05-09 at 01:01 By Cointelegraph by Ana Paula Pereira Bitcoin miner Core Scientific has posted $150 million in revenue from digital asset mining in the first quarter of 2024, boosting its gross margin to 46% from 26% in the previous year. This article is

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Bitcoin mining revenue hits post-halving yearly low

Bitcoin, Bitcoin economy, Bitcoin history, Bitfarms, BTC, Cryptocurrency, earnings, halving, hash rate, market value, miners, mining, Mining Equipment, operational costs, Profitability, revenue drop /

Bitcoin mining revenue hits post-halving yearly low 2024-05-06 at 12:01 By Cointelegraph by Arijit Sarkar Daily revenue from Bitcoin mining dropped to under $3 million from the previous daily average of roughly $6 million in the first four months of 2024. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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US lawmakers warn of Iranian crypto miners threatening national security

Government, Iran, mining, regulation, Sanctions, United States /

US lawmakers warn of Iranian crypto miners threatening national security 2024-05-02 at 23:01 By Cointelegraph by Turner Wright According to Senators Elizabeth Warren and Angus King, the Iranian government has used funds from crypto mining to fund terrorist organizations. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block

Bitcoin, block rewards, hash rate, miners, mining, solo mining /

Solo Bitcoin miner wins the 3.125 BTC lottery, solving valid block 2024-04-29 at 07:02 By Cointelegraph by Martin Young The solo miner netted around $200,000 in rewards for validating block 841,286. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Crypto Biz: X payment system, Block moves into Bitcoin mining and more

Cryptocurrency Investment, Elon Musk, mining, NYSE, Twitter /

Crypto Biz: X payment system, Block moves into Bitcoin mining and more 2024-04-27 at 01:02 By Cointelegraph by Ana Paula Pereira This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023

Bitcoin Halving, Bitcoin Mining, halving, mining /

Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023 2024-04-24 at 21:03 By Cointelegraph by Ana Paula Pereira After enjoying record profits during Bitcoin’s recent halving, miners now face a sharp decline in hash prices. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’

Bitcoin Mining, blockchain, Business, Jack Dorsey, mining /

Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’ 2024-04-23 at 23:04 By Cointelegraph by Turner Wright The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Finland’s households turn to Bitcoin mining to heat homes

Bitcoin Mining, energy, Finland, mining /

Finland’s households turn to Bitcoin mining to heat homes 2024-04-23 at 15:03 By Cointelegraph by Helen Partz Bitcoin enthusiasts in Finland have integrated two Bitcoin mines with district heating facilities enabling heating homes while mining BTC. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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PayPal proposes ‘cryptoeconomic’ rewards for sustainable Bitcoin miners

Bitcoin, energy, green miners, mining, PayPal, renewable, sustainable /

PayPal proposes ‘cryptoeconomic’ rewards for sustainable Bitcoin miners 2024-04-23 at 07:01 By Cointelegraph by Martin Young PayPal’s Blockchain Research Group wants to designate “green miners” and reward them accordingly with additional Bitcoin. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Crypto miners face energy refusal, restriction in Canadian provinces

Bitcoin Mining, Canada, Cryptocurrencies, Electricity, mining /

Crypto miners face energy refusal, restriction in Canadian provinces 2024-04-23 at 01:02 By Cointelegraph by Derek Andersen Manitoba is extending a moratorium on new power connections, and British Columbia is introducing legislation that could prohibit the provision of power to new miners. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Biden is asking Congress to kill the American Bitcoin mining industry

Bitcoin, Joe Biden, mining /

Biden is asking Congress to kill the American Bitcoin mining industry 2024-04-23 at 00:02 By Cointelegraph by Kadan Stadelmann President Biden is asking Congress to take aim at the American Bitcoin mining industry — and he’s citing China as an example for the United States to follow. This article is an excerpt from Cointelegraph.com News

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Bitcoin mining revenue peaked at $107M on BTC halving day

Bitcoin Mining, earn, fees, mining, Transaction Fee /

Bitcoin mining revenue peaked at $107M on BTC halving day 2024-04-22 at 12:02 By Cointelegraph by Arijit Sarkar More than 3,000 investors wanting to be a part of Bitcoin’s history spent 37.7 BTC (worth $2.4 million) in fees alone to nab their share of limited space on the Bitcoin block 840,000. This article is an

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Bitcoin fees top Ethereum for 3 days in a row as halving approaches

Casey Rodarmor, Inscriptions, mining, mining reward, Mining Subsidy, ORDI, Ordinals, Runes, Sats, spam, Token Standard, transaction fees, UTXO /

Bitcoin fees top Ethereum for 3 days in a row as halving approaches 2024-04-19 at 04:01 By Cointelegraph by Brayden Lindrea Transaction fees will play an important role in keeping Bitcoin miners afloat after the halving as the subsidy for mining a block is set to fall from 6.25 BTC to 3.125 BTC. This article

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Arkansas house passes bills restricting crypto mining

Bitcoin Mining, Government, law, mining /

Arkansas house passes bills restricting crypto mining 2024-04-18 at 12:01 By Cointelegraph by Amaka Nwaokocha Much of the debate surrounds whether Act 851 should be changed and how specific those changes should be. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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