Mining

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Bitcoin Hashrate Hits All-Time High as Trump Vows to Boost Industry

According to Bitcoin Magazine Pro, the 7-day average mining hash rate for Bitcoin has hit a new all-time high, surpassing 667 exahashes per second (EH/s) on July 26th during the Bitcoin 2024 conference. This tops the previous record of 657...

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Sweeping ‘Bitcoin Rights’ Bill Becomes Law in Oklahoma

Oklahoma Governor Kevin Stitt signed a sweeping ‘Bitcoin Rights’ bill into law on Monday, enshrining Oklahomans’ legal right to mine, transact with, and self-custody cryptocurrencies and boosting the state’s reputation for being a friendly destination for crypto companies and investors.The...

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Volcano Bitcoin Mining Gives El Salvador $29 Million Boost

El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country's total bitcoin holdings to 5,750 BTC valued at over $360 million.JUST IN:...

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A Deep Dive Into Bitcoin Miners’ Strategies During The Halving

The Bitcoin halving event is pivotal in the cryptocurrency world, impacting miners' strategies and the entire network's dynamics. As the rewards for mining new blocks are slashed in half, miners must adapt their approaches to maintain profitability and network stability....

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Publicly-Traded Bitcoin Miner Runs on 100% Renewable Energy, Audit Confirms

Publicly-traded bitcoin mining company Gryphon Digital Mining (“Gryphon”) is currently mining bitcoin with 100% renewable energy, according to a third-party audit the company has made public.Gryphon is taking a bold step in #ESG leadership by publishing its #carbonemissions data publicly....

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Bhutan to Boost Bitcoin Mining Capacity by 500% Ahead of Halving

The Himalayan nation of Bhutan plans to expand its Bitcoin mining operations fivefold ahead of the impending halving event in April.BREAKING: 🇧🇹 Kingdom of Bhutan to increase mining capacity 6x ahead of the #Bitcoin halving to 600 megawatts.Nation state FOMO...

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DEMAND Launches World’s First Stratum V2 Bitcoin Mining Pool

Bitcoin mining company DEMAND has announced today the world’s inaugural Stratum V2 mining pool, according to a press release sent to Bitcoin Magazine. This pool, built on the open-source Stratum Reference Implementation (SRI), aims to usher in a new era...

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