Tags: Mining Pools

Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s.

It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.

Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin.

“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed.

El Salvador’s ambitious renewable energy Bitcoin mining operation welcomes its first mining pool as Volcano Energy partners with Luxor.

Bitmain rolled out its efficiency-focused Antminer S21 at the WDMS and Bitcoin miners shared their plans for boosting productivity via green energy.

The Supreme Court of British Columbia has given Hut 8 final clearance to complete a proposed merger with USBTC.

Bitcoin explorer Mempool shared blockchain data that confirmed the funds were sent back on Sept. 15.

The company still mined five times more Bitcoin than in August 2022, producing 1,072 last month, and said unfavorable weather conditions caused the decrease from July.

Cambridge researchers revise the widely cited index in response to evidence indicating periodic overestimation of Bitcoin mining’s electricity consumption.

Company requests the use of Tire Derived Fuel, citing the United States Environmental Protection Agency’s approval to use this kind of energy source at other industrial facilities in the state.

Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining.

Bitcoin mining firm Canaan posts second quarter financials, with Bitcoin mining revenue up 43 from Q1 2023, though net loss also rose 31 to $110 million.

Cryptocurrency mining firm Argo Blockchain has reduced its debts to $75 million through the first half of 2023.

UK-based research company Quantum Blockchain Technologies has developed algorithmic search methods that boost Bitcoin mining efficiency and reward probability, CEO Francesco Gardin says in an interview.

Blockstream intends to buy and store ASIC mining hardware ahead of Bitcoin’s halving in 2024.

U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70 more BTC mined in in Q2.

"We deeply regret any inconvenience this might cause and we remain grateful for your unwavering support and understanding," the exchange wrote.

Bitcoin miners make moves in preparation for the BTC block reward halving, which is scheduled for April 2024.

A Malaysian energy supplier uncovered an illegal cryptocurrency mining operation stealing power from the local grid on the island nation of Borneo.

The popularity of liquid staking tokens could usher in a new age for Ethereum and the rest of cryptocurrency — and play a key role in the new bull market.

Bitcoin mining firms have been forced to sell newly minted Bitcoin to cover operational costs during one of the toughest bear markets for miners on record.

According to some experts, miners will always be essential to the Bitcoin ecosystem, even after mining the last coins.

All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions.