Category: Mining
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Kenya Partners With Marathon To Monetize Underused Energy By Mining
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Kenya has signed an agreement with Bitcoin mining company Marathon Digital Holdings to monetize the country’s underutilized energy resources. This partnership, announced by Marathon CEO Fred Thiel on X, represents an important step towards leveraging Kenya’s surplus capacity for Bitcoin mining and technology development. Occurred! Kenya and @MarathonDH Signing of…
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5 best free Bitcoin cloud mining platforms in 2024
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. A look at the best free Bitcoin cloud mining platforms of the year, including the unique features that set them apart. The appeal of cryptocurrencies is undeniable, but the…
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Bitcoin Mining Difficulty Adjusts Upward Amid BTC’s Recent Price Recovery
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Bitcoin mining difficulty saw a slight increase of 1.44%, to 84.38 trillion after a 5.9% decline to 83.14 trillion on May 9. This comes as BTC has seen a significant price rebound and has been hovering near its recently set peak above $70,000. High difficulty of Bitcoin Difficulty refers to…
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Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming
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It’s no secret that the Bitcoin mining industry is being battle-tested in the wake of the fourth halving. The hash price (revenue per terrahash) has reached historic lows as Bitcoin block support has been cut. Meanwhile, the post-halving frenzy has diminished, adding fuel to the fire for already stressed mining…
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Volcano Bitcoin Mining Gives El Salvador $29 Million Boost
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Official data revealed that El Salvador has mined approximately 474 bitcoins worth about $29 million since September 2021 using geothermal energy from Tecapa volcano. This boosts the country’s total Bitcoin holdings to 5,750 BTC worth more than that $360 million. Just in: ?? El Salvador has mined approximately 474 #Bitcoin…
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President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base
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United States President Joe Biden has issued an order prohibiting the acquisition of certain properties by MineOne Cloud Computing Investment I LP, due to national security concerns. The order, based on findings outlined by the President, is intended to protect critical assets near Francis E. Warren Air Force Base (Warren…
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Stronghold Digital Mining beats Q1 EBITDA expectations By Investing.com
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In the first quarter of 2024, Stronghold Digital Mining (NASDAQ: SDIG) reported a significant beat on its EBITDA guidance, achieving nearly $9 million against the over $5 million that was forecasted. The company, which prides itself on being an environmentally beneficial and vertically integrated miner, highlighted its low cost of…
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Crypto Mining Restrictions: Arkansas Lawmakers Approve Bills
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Over the past two years, the US government has attempted to tighten its grip on various sectors of the cryptocurrency industry. As a result, these efforts have received significant backlash from politicians and central figures in the cryptocurrency space. This week, another crackdown on the cryptocurrency industry occurred after Arkansas…
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DEMAND Pool’s CEO Says The Time To Decentralize Bitcoin Mining Is Now
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Company Name: Requests Founders: Alejandro de la Torre and Filippo Merli Date of Establishment: 2023 Headquarters location: Lisbon, Portugal and Florence, Italy Amount of Bitcoin in the treasury: “Currently being booted” Number of Employees: 2 website: https://www.dmnd.work/ Public or private? private Alejandro de la Torre is deeply concerned that Bitcoin…