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Tag: crypto mining

Unlimited Innovations vs. 2,500 Swimming Pools — AI Faces Similar Environmental Backlash as Bitcoin Mining

December 29, 2023 wp-bot Bitcoin News

In recent years, attention has centered on bitcoin mining, particularly its energy usage in securing the network and validating transactions through proof-of-work (PoW). As generative

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Angolan National Assembly Approves Crypto Law to Safeguard ‘Monetary Sovereignty’

December 22, 2023 wp-bot Bitcoin News

The Angolan National Assembly recently approved legislation that seeks to address crypto mining’s impact on the environment as well as safeguarding the country’s “monetary sovereignty.”

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Bitcoin’s Hashrate Hits Historic 527 EH/s Lifetime Peak, Shattering Previous Records

December 20, 2023 wp-bot Bitcoin News

Recent data, analyzing the seven-day average of Bitcoin’s hashrate, reveals yet another lifetime peak in the network’s performance. On Dec. 20, 2023, Bitcoin’s hashrate climbed

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Bitcoin Miner Marathon Acquires 2 High-Capacity Mining Facilities for $178.6M

December 20, 2023 wp-bot Bitcoin News

On Tuesday, Marathon Digital Holdings, a leading bitcoin mining company listed on public markets, revealed its acquisition of two fully operational bitcoin mining facilities, representing

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Cipher Mining Enhances Bitcoin ASIC Fleet With 7.1 EH/s Bitmain Deal

December 18, 2023 wp-bot Bitcoin News

On Monday, Cipher Mining revealed its acquisition of 7.1 exahash per second (EH/s) in new mining equipment from Bitmain. The company invested in Bitmain’s T21

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Echoes of 2013: Bitcoin Mining Concentration Reaches Decade-High Levels

December 16, 2023 wp-bot Bitcoin News

In the past 72 hours, Antpool has dominated 26.48% of Bitcoin’s overall hashrate, closely followed by Foundry USA at 24.95%. Together, these two mining pools

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