Tag: Mining News

Why buying hashrate beats buying ASICs

The standard strategy for scaling a mining operation has been the same…

8 Min Read

10,000 units of illegal virtual currency mining farm discovered in Russia’s Urals region

Russian authorities have dismantled an illegal cryptocurrency mining operation in the Urals…

4 Min Read

Bitfufu reports holding 1,794 BTC as Q1 revenue declines by 6.8%

Bitfufu, the cloud mining platform owned by Bitmain, revealed in its first…

4 Min Read

New electricity meters in Mestia, Georgia target illegal cryptocurrency mining

Georgia is stepping up its fight against illicit cryptocurrency mining by deploying…

4 Min Read

Hive Digital sells 331 BTC in Q1, treasury drops to 150 Bitcoin

Bitcoin mining company Hive Digital Technologies (NASDAQ:HIVE) sold 331 Bitcoin in the…

5 Min Read

Solo Home Miner wins $232,000 worth of Bitcoin blocks on $300 machine at odds of 149 million to 1

An individual home-based miner operating a consumer-grade Canaan Avalon Nano 3S beat…

4 Min Read

Bitcoin mining difficulty increases by 1.72% to 138.96 terahash

Bitcoin's network difficulty, a measure of how difficult it is for miners…

4 Min Read

Cango posts $261.1 million loss in first quarter as Bitcoin price slump impacts mining operations

Nasdaq-listed Bitcoin mining company Cango (CANG) reported a preliminary net loss of…

4 Min Read
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