Today’s PoW Mining Marvels: Scrypt Takes the Throne as 2024’s Top Algorithm

December 29, 2024 Bitcoin.com

bitcoin.com

During the opening week of the year, the Kheavyhash algorithm—used for mining kaspa (KAS)—topped the profitability charts among proof-of-work (PoW) algorithms. Fast forward to today, and Scrypt has claimed the crown as the most lucrative choice for miners, particularly those extracting dogecoin (DOGE) and litecoin (LTC). Mining Algorithms Push Limits in a Historic Year As […]

Bitcoin nears 0K as CPI data shows signs of cooling

Bitcoin nears $100K as CPI data shows signs of cooling

Bitcoin Mining Revenue Outpaces November—And December Isn’t Over Yet

December 29, 2024 Bitcoin.com

Bitcoin mining

Though the month isn’t quite over yet, bitcoin miners have already outperformed their November earnings, amassing $1.33 billion in December with two days still on the clock. Bitcoin Ends the Year With Record Hashrate and Higher Revenue This uptick in revenue has been fueled by stronger bitcoin prices, but there’s a twist. The hashprice, which […]

Bitcoin nears $100K as CPI data shows signs of cooling

Bitcoin Miner Hive Bets Big on AI Boom With $30 Million Nvidia GPU Deployment in Quebec

December 26, 2024 Bitcoin.com

Bitcoin

Hive Digital Technologies, a blockchain infrastructure firm, has announced the deployment of advanced Nvidia GPUs in Quebec, marking a significant shift toward high-performance computing (HPC) and artificial intelligence (AI). From Crypto to AI: Hive Digital’s $30M Leap This week company noted that it has invested $30 million in Nvidia H100 and H200 GPU clusters, enabling […]

Bitcoin nears $100K as CPI data shows signs of cooling

Russian Companies Now Using Bitcoin (BTC) for Foreign Trade, According to Finance Minister: Report

December 25, 2024 The Daily Hodl

Bitcoin

The Finance Minister of Russia has reportedly confirmed that many companies in the country are now using Bitcoin (BTC) to engage in foreign trade and skirt Western sanctions. Reuters reports that the Russian government has recently taken legislative measures to legalize the mining of the crypto king and other crypto assets, helping firms find ways […]

The post Russian Companies Now Using Bitcoin (BTC) for Foreign Trade, According to Finance Minister: Report appeared first on The Daily Hodl.

Bitcoin nears $100K as CPI data shows signs of cooling

Russian Government To Ban Bitcoin Mining in 10 Different Regions Due to Energy Shortages: Report

December 24, 2024 The Daily Hodl

Bitcoin

Russian authorities reportedly plan to prohibit cryptocurrency mining in 10 regions and impose seasonal restrictions in three others beginning January 1, 2025, amid growing concerns over energy shortages. According to a new report from the state-controlled TASS, the complete ban will affect regions including Dagestan, Ingushetia, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia, Chechnya, and the recently annexed […]

The post Russian Government To Ban Bitcoin Mining in 10 Different Regions Due to Energy Shortages: Report appeared first on The Daily Hodl.

Bitcoin nears $100K as CPI data shows signs of cooling

Bitcoin’s Price Rollercoaster Takes Miners for a Ride—Hashrate Begins to Recover

December 24, 2024 Bitcoin.com

Bitcoin

Last week, the price of bitcoin took a tumble, and right alongside it, the network’s computing muscle flexed down from a whopping 806 exahash per second (EH/s) on Dec. 14 to a mere 771 EH/s by Dec. 21. However, over the past three days, the hashrate has bounced back, rising by 11 EH/s from its […]

Bitcoin nears $100K as CPI data shows signs of cooling

Bitfarms: Rebound Overdue or Losing the Game?

December 23, 2024 Bitcoin.com

Bitcoin mining

After months of turmoil and a settlement with Riot Platforms, Bitfarms’ stock performance remains disappointing. Is a rebound for $BITF overdue, or is the company slowly losing its position in the market? Let’s dive in! Bitfarms Faces a Crossroads The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, […]

Bitcoin nears $100K as CPI data shows signs of cooling

Bitcoin Miner Terawulf to Deliver 70 MW Data Center Infrastructure for AI Expansion

December 23, 2024 Bitcoin.com

Terawulf Inc., a bitcoin miner and digital infrastructure provider, has signed agreements to deliver over 70 megawatts of data center infrastructure to Core42, a subsidiary of G42 specializing in artificial intelligence (AI) and cloud services. Terawulf Secures Key AI Data Center Deal with G42’s Core42 The agreement will see Terawulf (Nasdaq: WULF) customize its Lake […]

Bitcoin nears $100K as CPI data shows signs of cooling

From Oilfields to Crypto Fields: Halliburton Invests in Bitcoin Mining Startup

December 21, 2024 Bitcoin.com

360 Energy

Halliburton, the world’s second-biggest oilfield services firm, has taken a step into the bitcoin (BTC) mining space by investing in Austin-based startup 360 Energy. The move, made through Halliburton Labs, was highlighted in a report from Blockspace Media. Transforming Stranded Gas into Blockchain Power 360 Energy, also known as 360 Mining, has joined Halliburton Labs’ […]

Bitcoin nears $100K as CPI data shows signs of cooling

From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining Giant

December 18, 2024 Bitcoin.com

Bitcoin mining

According to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become the third-largest publicly listed mining firm in terms of hashrate. Stealth Hashrate: Cango’s Surprising Crypto Pivot There’s a publicly listed Chinese car company called Cango that has shifted gears from automotive financing and car trading […]

Mining

Share this video