On October 16, 2023, Bitcoin’s difficulty impressively crossed the 61 trillion mark at block height 812,448, setting a fresh benchmark for the network. This ascent
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How Cryptocurrency Mining Works
Crypto mining is the process of verifying transactions on a blockchain network in exchange for rewards in crypto coins. It has become a… Continue reading
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Cleanspark Acquires 4.4 EH/s of Bitmain’s New S21 Antminers; Readies for Bitcoin Reward Halving
In a disclosure on Wednesday, bitcoin mining entity Cleanspark has reserved 4.4 exahash per second (EH/s) of Bitmain’s latest S21 Antminers. The mining company, recognized
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Bitmain Halts Employee Salaries Amid Financial Woes, Report
Mining hardware manufacturer Bitmain has temporarily suspended salary payments to its employees, a media report has revealed. News of the move comes along with information
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Iris Energy Boosts Mining Capacity With $19.6M Acquisition of Bitmain’s S21 Antminers
The Nasdaq-listed bitcoin mining company Iris Energy has announced its acquisition of 1.4 exahash per second (EH/s) of Bitmain’s latest S21 Antminers. This acquisition will
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Volcano Energy Launches First Bitcoin Mining Pool in El Salvador
Volcano Energy, a renewable energy-focused Bitcoin mining company, has announced a strategic partnership with Luxor Technologies, a Bitcoin mining tech company, to launch Lava Pool,
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