The facility, which opens this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid.
Read moreNext Bitcoin Mining Difficulty Change Estimated to Decrease as Block Times Have Lengthened
The last two mining difficulty changes on the Bitcoin network have driven difficulty to an all-time high, causing a decrease in hashrate and block interval
Read moreRumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?
Dogecoin shifting to proof-of-stake would be good for the environment, but what impact would it have on miners and ASIC manufacturers?
Read moreBitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion
The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion
Read moreBitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher.
Read moreBitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128. The network’s difficulty is now
Read more