[ad_1] Hut 8 has formalized a comprehensive four-year partnership with Ionic Digital Inc., encompassing end-to-end managed services across all of Ionic’s Bitcoin mining operations. This move was announced on Feb. 1, marking a significant development […]
[ad_1] The United States, through the Energy Information Administration (EIA), will start collecting data about cryptocurrency miners’ energy consumption rate within the nation starting next week. On Jan. 31, the EIA revealed its intention to […]
[ad_1] Bitcoin mining difficulty has surged to a new all-time high, reaching 75.50T at block height 828,576 on Feb. 2, less than a month after its previous record-setting increase on Jan. 6. Mining difficulty saw […]
[ad_1] Paolo Ardoino, the CTO of Tether, posted a picture of large industrial containers sporting the logo of Tether Energy on Aug. 24. The photo sparked a flurry of rumors and speculations which Ardoino addressed […]
[ad_1] Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the reporting period despite its increasing mining revenue and computing power. Per the unaudited financial report, the miner […]
[ad_1] Continuing its strategic shift aimed at mitigating losses, Riot Platforms, a prominent Bitcoin miner, continues to capitalize on Texas’s energy credits system, earning a substantial $31.7 million in August alone. According to a report […]
[ad_1] The Cambridge Bitcoin Electricity Consumption Index (CBECI), which tracks global Bitcoin energy consumption, has undergone its first major update since 2019, influenced by evidence pointing to frequent overestimating Bitcoin’s electricity usage. A new report […]
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