Tag: mining
Bitcoin Mining Difficulty Reaches an All-time High
Reading time: < 1 minuteThe difficulty of mining BTC has recently increased by 6.17%, hitting an all-time high of around 55.6 T.
BIT Mining Made $74.1M in Revenue in Q2
Reading time: < 1 minuteBIT Mining Limited, a New York Stock Exchange-listed mining company, saw their second-quarter revenue increase by $1.2 million from the first three months of the year, reaching a total of $74.1 million.
Crypto Miner Bitmain Will Pay Compensation if BTC Drops
Reading time: < 1 minuteMining equipment manufacturer Bitmain has recently launched a protection system against market volatility for its customers.
Borneo Confiscates Illegal Crypto Miners
Reading time: < 1 minuteResponding to a tip from members of the public, authorities in the town of Miri on the island of Borneo shut down an illegal cryptocurrency mining operation.
Bitcoin Miner Reserves Growing Since End of May
Reading time: < 1 minuteCryptoQuant has recently found out that miner reserves have increased back up to 1.841 million BTC on July 30, a noticeable difference from the 1.826 million BTC found at the end of May.
Mining Center Operator Phoenix Technology to Go Public in Abu Dhabi
Reading time: < 1 minutePhoenix Technology, a mining company in the UAE, has started discussing the possibility of an Initial Public Offering (IPO).
Bitcoin Miners Make 270% More Money From Fees Than in Q1 2023
Reading time: < 1 minuteIn the second quarter of 2023, miners of the leading cryptocurrency Bitcoin saw a 270% increase in fees collected, earning a total of $184 million.
Bitcoin ATM Operator Bitcoin Depot Gets Listed on Nasdaq
Reading time: < 1 minuteOn June 30, the Bitcoin ATM operator completed a merger with SPAC GSR II Meteora Acquisition Corp.
Mining Firm Bitdeer Mined 283 BTC Last Month
Reading time: < 1 minuteBitdeer, a Singapore-based mining service provider, mined on May 31 283 BTC at 18 EH/s.
Tether Will Mine BTC in Uruguay
Reading time: < 1 minuteTether has announced it is entering the Bitcoin mining and energy production space.
