Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022 news.bitcoin.com 31 July 2024 13:44, UTC The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on…
Riot buys more Bitfarms shares, now holds nearly 16% stake cryptoslate.com 31 July 2024 15:15, UTC Bitcoin miner Riot Platforms has intensified its acquisition strategy against rival Bitfarms by purchasing approximately 10 million additional shares this month, according to a July 31 filing with the US Securities and Exchange Commission (SEC). The SC 13D/A…
Converting mining sites to AI data centers isn't seamless: Sabre56 CEO cointelegraph.com 04 September 2024 22:51, UTC cointelegraph.com
Bitfarms defends pending buy, calls Riot claims ‘misleading’ blockworks.co + 2 more 04 September 2024 16:38, UTC Bitfarms defended its pending acquisition of Stronghold Digital Mining on Wednesday, calling recent claims from Riot Platforms “misleading.” The months-long feud between Bitfarms and Riot was revived Tuesday when the latter company called on Bitfarms to halt…
Bitcoin Hashrate Records New ATH Surpassing 740 EH/s bitcoinmagazine.com 03 September 2024 11:13, UTC The Bitcoin network hash rate reached a new all-time high on September 3rd, surpassing 740 exahashes per second (EH/s). This comes even as Bitcoin prices trade below $60,000. JUST IN: #Bitcoin’s hash rate hit a new ALL TIME HIGH pic.twitter.com/BiLY3pRRIV…
Russian Officials Confiscate 238 Illegal Mining Rigs in Irkutsk thenewscrypto.com 03 September 2024 09:00, UTC Russian authorities seized 238 illegal cryptocurrency mining rigs in the Irkutsk region. The illegal mining activities caused significant damage to the electrical grid, leading to criminal charges against the miners. Russian authorities have confiscated 238 mining rigs from a…
Russia mined nearly 54,000 Bitcoin in 2023, says industry expert cryptobriefing.com 06 September 2024 10:26, UTC Approximately 54,000 Bitcoin (BTC), worth around $3 billion, was mined in Russia last year, said Sergey Bezdelov, the Director of the Industrial Mining Association, at the Eastern Economic Forum 2024, first reported by media outlet Izvestia. According to…
