The Race to the Zettahash Era: Bitcoin’s Hashrate Breaks New Records

October 26, 2024 Bitcoin.com

Bitcoin

On Friday, Oct. 25, 2024, Bitcoin’s network hashrate climbed to a new all-time high, reaching 736.81 exahash per second (EH/s)—a milestone unmatched in the network’s history. Bitcoin’s Hashrate Hits Historic High — How Close Are We to the Zettahash Era? Bitcoin’s computing power has hit new heights, with over 67 EH/s added to the network […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes

October 24, 2024 Bitcoin.com

Bitcoin mining

Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per second (EH/s) at the time of reporting. In the coming days, it’ll be fascinating to watch how the combination of increased difficulty and dipping prices […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue

October 22, 2024 Bitcoin.com

BTC Miner Core Scientific Expands Contract With Coreweave, Eyes .7B in HPC Revenue

Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and Coreweave Extend Partnership This contract extension could bring Core Scientific’s (Nasdaq: CORZ) total revenue up to $8.7 billion over the next 12 years. […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture

October 22, 2024 Bitcoin.com

AI solutions

Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to struggle with reduced Bitcoin rewards. If the sale goes through, Northern Data plans to use the proceeds to fund the expansion its AI […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership

October 21, 2024 Bitcoin.com

Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency mining. Both entities plan to build data centers and focus on enhancing their potential. This partnership aims to […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Bitcoin Miner Ionic Digital Renews IPO Push, Reports Significant BTC Holdings

October 21, 2024 Bitcoin.com

Bitcoin mining

Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at $135.3 million as of Sept. 30, 2024. Ionic Digital Revives IPO Plan, Reports 2,102 […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

New Falconx Platform Could Transform How Miners Liquidate Crypto

October 18, 2024 Bitcoin.com

bitcoin.com

Falconx, a digital assets prime brokerage firm, has launched a platform that automates the conversion of cryptocurrency to USD for miners. This platform aims to streamline the liquidation process, reducing delays and improving efficiency for miners. Enhanced Liquidity for Miners Falconx, the digital assets prime brokerage firm, announced on Oct. 15 the launch of a […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

October Boosts Bitcoin Miners’ Revenue—But How Will the Election Shift the Market?

October 18, 2024 Bitcoin.com

bitcoin difficulty

With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network’s hashprice, which represents the value of one petahash per second (PH/s) of hashpower, has climbed by over 14% this month. Meanwhile, the network hashrate is sitting just below […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and Inflation

October 18, 2024 Bitcoin.com

Arthur Hayes

Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with newly printed dollars flooding the market. But while bitcoin’s future looks bright, Hayes warns investors […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations

October 17, 2024 Bitcoin.com

bitcoin.com

Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]

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