Mining
Texas miner earned $9.5M in power credits while mining 318 BTC
Riot Blockchain showed the potential Bitcoin miners have when it comes to stabilizing power grids during periods of high demand.
Andjela Radmilac 2 min read
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Sphere 3D Bitcoin production remains flat in July amid US customs problems, crypto winter
Carbon free mining company Sphere 3D's Bitcoin production remained flat in July as their new installations were delayed by U.S. customs, and the current winter market still goes hard on crypto miners.
Mining
Mining firm Bit Digital grows Ethereum holdings 594% sequentially in July ahead of Merge
The mining firm also increased its Bitcoin production by 111% month-over-month in July, while its mining power remained constant.
Latest Mining News & Analysis
Mining
Research: Miner data shows Bitcoin could have bottomed
Hash ribbons, miner balances, mining difficulty, and the Puell Multiple all show that Bitcoin reached its bottom and could be recovering.
Academia
Researchers say they discovered consensus level attack on Ethereum — miners cheating the system to earn more
At its core, the paper highlights an issue where miners can change the timestamp related to a mined block to avoid increased difficulty on the network.
Interview
Vitalik Buterin calls out ETHW hard fork proponents as “trying to make a quick buck”
Vitalik Buterin believes a proof-of-work hard fork of Ethereum is being pushed by "people who own exchanges trying to make a quick buck."
Mining
Riot Blockchain Bitcoin production drops 28% YOY in July; offsets energy costs by curtailing some operations
Riot Blockchain mined around 28% less Bitcoins in July 2022 compared to July 2021 but gained an estimated $9.5 million in power credits.
Mining
Bitcoin mining — What are the true climate change risks?
Bitcoin mining is coming under increasing fire for ecological reasons, however, data shows its environmental impact is less than that of the gold and banking sectors.
Adoption
Rio de Janeiro forges ahead with Bitcoin integration plans
Rio de Janeiro secretary of finance and planning is looking to allocate a percentage of the city's treasury into Bitcoin while also providing crypto investors with tax breaks.
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Mining
Global Bitcoin mining ‘one of the most sustainable industries globally,’ BTC Mining Council claims
Analysis
Bitcoin mining difficulty expected to see largest drop since China ban
Bear Market
Miners sold 14K Bitcoin worth $300M on July 15, largest dump since January
Mining