August 24th, 2025
Bitcoin Mining - Page 4
Bitcoin Mining Difficulty Soars 10% amid Growing Ecosystem Activity
By Godfrey Benjamin
January 16th, 2023
With burnout in reserve cash, and the growing prices of Bitcoin and other related assets, most mining firms are indeed left with no options but to intensify their efforts to get their hands on more BTC from their farms.
Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 2022 Earnings
By John K. Kumi
November 8th, 2022
According to Riot, the decline in revenue is largely attributed to the market pullback of Bitcoin coupled with some measures triggered to meet the rising energy crisis in Texas.
Bitcoin Mining Difficulty Spikes 3.44% to 36.84T, BTC Price Stagnates at $19K
By Steve Muchoki
October 24th, 2022
The Bitcoin mining industry has aroused controversial debates globally due to its energy rate consumption.
Payments Firm Block Begins Recruiting for Its Mining Department amid Rising Mining Challenges
By Mayowa Adebajo
October 24th, 2022
Block continues to show heightened interest in the mining sector, despite a rising mining difficulty.
Bitcoin Hash Rate Hits New ATH Despite Current Bearish Price Trends
By Godfrey Benjamin
October 4th, 2022
The increased hash rate indicates maximum security on the Bitcoin network.
Bitcoin Mining Difficulty to Hit All-Time High with 6.8% Surge
By Bhushan Akolkar
August 29th, 2022
As per report by Blocksbridge, the Bitcoin mining difficulty could spike by 6.8% in one of the biggest increases this year in 2022.
Celsius Network Cleared to Sell Mined Bitcoin to Fund Its Operations
By Godfrey Benjamin
August 17th, 2022
With its bankruptcy proceedings well underway, Celsius Network’s customers are trying to point out what the green light at the end of the tunnel is.
Iris Energy Doubles Hashrate, Plans to Reach 3.7 EH/s by September
By Mayowa Adebajo
August 9th, 2022
Iris Energy expects to be operating at its full 80 megawatts capacity by the end of the year.
Crusoe Energy Systems Acquires Easter-Owens
By Ibukun Ogundare
June 24th, 2022
Bitcoin miner Crusoe Energy Systems has acquired electrical manufacturer Easter-Owens Electric Co after many years of cooperation between both companies.
New York Senate Passes Bill Banning Bitcoin Mining
By Tolu Ajiboye
June 3rd, 2022
New York lawmakers have passed a moratorium that seeks to bar Bitcoin mining operations for two years in order to ease environmental concerns.
FTX Founder: Bitcoin Has No Future as Payment Network
By John K. Kumi
May 16th, 2022
According to Bankman-Fried, Bitcoin is very inefficient and has a high environmental cost which undermines its status as a payment network.
Riot Blockchain to Expand Its Bitcoin Mining Capacity in Texas by 1 GW
By Darya Rudz
April 28th, 2022
To complete the expansion, Riot plans to get support from its strategic partner Priority Power, a Bitcoin mining energy services leader.
Adrian Grenier: Crypto Can ‘Fix a Lot of the Systems that Are Broken’
By Darya Rudz
April 4th, 2022
According to Grenier, crypto adoption will reach the level at which fiat currencies will be replaced by digital coins. The actor even plans to start his own mining community in Texas, grow his own food, and use cryptocurrencies as a way to trade locally.
BTC Price Dips to 6-Month Low as Difficulty Hits New All-Time High
By Godfrey Benjamin
January 21st, 2022
Despite the fundamental health of the network, investors could not seem to take their eyes off the sentiments that abound in the broader stock market and the accompanying fears of an increase in interest rate by the United States Federal Reserve.
24-Year-Old Who Left College to Mine Bitcoin Now Earns Nearly $1M a Month
By Darya Rudz
January 5th, 2022
Now, John Paul Baric is earning about $1.3 million a month. He likes spending money on traveling with his parents, eating out at restaurants, and driving luxurious cars.