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Mining
Kadena’s hashrate reaches ATH despite a fall in Bitcoin
Kadena has announced that it has achieved an important milestone as hashrate touches an ATH of 666.88 PH/s, that is, Petahashes per second. This has been termed incredible considering there is a…
South Korean Customs Officer Thwarts Crypto Mining Rig Smugglers
South Korea’s Customs Service has rewarded a staff member who stopped smugglers from illegally bringing crypto mining rigs into the country. Per the news outlet Incheon Ilbo, the employee at…
Electricity demand to double in 3 years. How AI and mining play a part
Electricity demand worldwide could double over the next three years, mainly due to cryptocurrency mining and artificial intelligence. How will crypto keep up? AI and cryptocurrencies accounted for…
Cloud Mining: Navigating the Clouds of Cryptocurrency Mining
Introduction to Cloud Mining Understanding the Cloud Mining Process Pros and Cons of Cloud Mining Advantages Disadvantages Evaluating the Profitability of Cloud Mining Types of Cloud Mining Contracts…
Another bitcoin miner has gone public in the US
Bitcoin mining company GRIID Infrastructure was set to begin trading in the US market Monday after going public in Canada earlier this month. The Cincinnati-based firm has a mining facility in New…
Bitcoin mining stocks outlook for 2024
Bitcoin mining stocks have had a difficult start of the year, with most of them crashing by double-digits. Marathon Digital (MARA), Riot Platforms (RIOT), Bitfarms (BITF), CleanSpark (CLSK), and…
Rethinking Bitcoin Mining: Scholar Critiques Flawed Assumptions in UN Study
In a critical response to the United Nations University’s study on Bitcoin mining energy, the Bitcoin Policy Institute’s Margot Paez has dissected the report with a keen eye, revealing significant…