Reading Time: < 1 minute Core Scientific, a Bitcoin mining company that recently emerged from bankruptcy, has reported strong financial results for the first quarter of the year.
Tag: Crypto mining
Cryptocurrency mining
US Senators Say Iranian Crypto Miners Pose a Potential National Security Threat
Reading Time: < 1 minute In their letter, Senators Elizabeth Warren and Angus King expressed concern about potential security risks posed by cryptocurrency miners in Iran.
Marathon Wants to Increase its Hash Rate to 50 EH/s
Reading Time: < 1 minute Cryptocurrency mining company Marathon Digital has recently announced that it is raising its 2024 target hash rate from 35-37 exahashes per second to 50 EH/s.
Bitcoin Mining Firms Shares Are Falling Due to Post-halving Fears
Reading Time: < 1 minute Investor confidence in the profitability of Bitcoin mining post-halving has led to a decline in Bitcoin mining shares both in the US and internationally.
Norway to Limit Bitcoin Mining
Reading Time: < 1 minute According to the Norwegian government, cryptocurrency mining will no longer be accepted as a desirable activity in the country.
Marathon Digital: Miners Are Getting Ready for the Bitcoin Halving
Reading Time: < 1 minute Marathon Digital CEO Fred Thiel has stated on Bloomberg TV that many miners have already prepared for the halving.
Bitcoin Mining Difficulty Hits a New Record High
Reading Time: < 1 minute Following the most recent recalculation, the difficulty of mining the primary cryptocurrency increased by 5.79%.
Bitcoin Miners Monthly Energy Consumption Hits an All-time High
Reading Time: < 1 minute During February, Bitcoin miners utilized a record-breaking 19.6 GW of electricity.
Marathon Digital Launches a Bitcoin Layer 2 Network
Reading Time: < 1 minute Marathon Digital has recently announced a new initiative to support Bitcoin scaling called Anduro.