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Tag: Mining BTC

Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate

March 25, 2023 wp-bot Bitcoin News, Blockchain

On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not

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Compass Mining Alerts Bitcoin Miners of Changes in Bitmain’s ASIC Design

March 8, 2023 wp-bot Bitcoin News, Blockchain

Compass Mining, a bitcoin mining firm, published a blog post stating that Bitmain, the company behind the application-specific integrated circuit (ASIC) mining rig, has made

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Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia

February 27, 2023 wp-bot Bitcoin News, Blockchain

The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that

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Bitcoin price rally provides much needed relief for BTC miners

January 20, 2023 wp-bot Blockchain, Cointelegraph

Bitcoin’s prolonged breakout above $22,000 is easing pressure on razor thin profit margins for BTC miners.

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Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt

December 21, 2022 wp-bot Bitcoin News

On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern

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While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher

December 18, 2022 wp-bot Bitcoin News

Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block

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Blockchain
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