Cryptocurrency Market

  • Market Cap: $2,405,151,129,172.36
  • 24h Vol: $56,409,600,528.25
  • BTC Dominance: 56.51%

BTC Mining

us-miners-gain-ground-as-chinese-pools-lead-bitcoin-hashrate:-cryptoquant

US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant

According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin’s network hashrate, while U.S.-based mining pools control about 40%. Chinese Pools Still Control Majority of Bitcoin Hashrate On Monday, Cryptoquant’s founder Ki Young Ju took to X (formerly known as Twitter) to […]

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riot-platforms-proposes-comprehensive-plan-to-improve-bitfarms

Riot Platforms Proposes Comprehensive Plan to Improve Bitfarms

Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special shareholders’ meeting to nominate three new directors: John Delaney, Amy Freedman, and Ralph Goehring, who bring

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terawulf-energizes-50-mw-at-nuclear-powered-bitcoin-mining-facility-nautilus

Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus

Bitcoin mining company Terawulf has announced the full deployment of its 50-megawatt (MW) stake in the nuclear-powered Nautilus Cryptomine facility. The behind-the-meter bitcoin mining facility is powered by 100% nuclear power and benefits from a fixed power cost of $0.02 per kilowatt-hour (kWh), according to the company. Terawulf Fires up 50 MW Zero-Carbon Bitcoin Mining;

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stop-the-presses:-criticism-against-the-new-york-times-mounts-as-newspaper-is-accused-of-killing-59-million-trees-annually

Stop the Presses: Criticism Against the New York Times Mounts as Newspaper Is Accused of Killing 59 Million Trees Annually

After the New York Times (NYT) published an editorial about bitcoin mining, claiming the industry is harmful to the environment, an organization called Stop the Presses took issue with the Times’ paper usage. Stop the Presses launched a social media campaign against the NYT’s newspaper production. The organization’s website, nytimesup.org, alleges that the company “kills

Stop the Presses: Criticism Against the New York Times Mounts as Newspaper Is Accused of Killing 59 Million Trees Annually Read More »

cleanspark-purchases-45,000-bitcoin-mining-devices,-adding-6.3-eh/s-to-current-fleet

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

On Tuesday, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 million. Cleanspark stated that the new fleet would add 6.3 exahash per second (EH/s) of computational power to the company’s current 6.7 EH/s. Cleanspark Acquires 45,000 Bitmain Antminers for $144.9

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bitcoin-proponents-accuse-the-new-york-times-of-publishing-one-sided-‘hit-piece’-on-bitcoin-mining

Bitcoin Proponents Accuse the New York Times of Publishing One-Sided ‘Hit Piece’ on Bitcoin Mining

After the New York Times was accused of writing favorable pieces about disgraced FTX co-founder Sam Bankman-Fried and inviting him to speak at the news outlet’s Dealbook Summit, it is once again being criticized for publishing a “hit piece” about bitcoin mining. The article’s authors claim that bitcoin mining is harmful to the environment, while

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march-bitcoin-mining-stats-show-climbing-revenue-and-hashrate-highs

March Bitcoin Mining Stats Show Climbing Revenue and Hashrate Highs

According to statistics, 4,498 blocks have been mined in the last 30 days, creating 28,112 new bitcoins over the past month. Bitcoin’s network hashrate has been around 341 exahash per second (EH/s) during the last 2,016 blocks or the last two weeks. This month, the mining pools Foundry USA and Antpool dominated the pack, accounting

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bitcoin-difficulty-increases-for-third-time-in-six-weeks,-miners-remain-undeterred-with-high-hashrate

Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate

On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting along at 346 exahash per second (EH/s). Bitcoin Hashrate Remains High Despite Recent 7.56% Difficulty Rise As of

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bitcoin-network-preps-for-another-difficulty-spike-as-hashrate-remains-strong-and-miners-profit-amid-price-surge

Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge

Following the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on March 24, 2023. Statistics show that Bitcoin’s hashrate has remained high despite the last two adjustments, and block times have been faster than the ten-minute average. Bitcoin Difficulty Expected to Rise Following the Past Two

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mawson-infrastructure-group-launches-bitcoin-mining-operation-in-pennsylvania,-exits-australia

Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia

The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin miners, or approximately 12 megawatts (MW) of capacity. The new Mawson site is capable

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