Mining

Faced with the revelations of the creator of Ordinals, Bitcoin is facing a major challenge to preserve its founding ideal of decentralization

PayPal is committed to an ecological approach by offering rewards to Bitcoin miners promoting responsible practices.

Fred Thiel warns of the upcoming challenges for small Bitcoin miners following the halving.

Russian companies are already using cryptocurrencies to avoid sanctions, while massive investments are being considered.

A killer bill for the American bitcoin industry has made its way to the US Congress. Are we on the brink of a new exodus?

Russian bitcoin miners are on track to overtake China with 12% of the global hashrate.

The challenge behind the US Department of Energy's investigation into Bitcoin miners: a debate between innovation and regulation.

The Bitcoin halving could cause massive bankruptcies of miners if the price does not rise, according to a worrying report by Fitzgerald.

Bitcoin recently exceeded 500 EH/s. That is, 500 trillion trillion hashes per second. Putting things into perspective.

Discover how the increase in miner sales is impacting Bitcoin. Our article analyzes this recent development.

"The 2024 season of the economic calendar has just begun. What are the events that will shake up the crypto market this year?"

The Bitcoin Halving, scheduled for mid-April, promises to change everything. It is expected to significantly impact the price of BTC, with many analysts associating the block reward halving with a potential bull run. However, major upheavals are also to be expected on the side of Bitcoin miners after the halving. The average cost of mining will be revised upward during this period, putting several companies at risk.

As the hashrate has soared by 102% in 2023 and the halving is approaching, bitcoin miners continue to strengthen their operations.

Here is a small quiz created by TheMinerMag that will keep bitcoin miners busy during the quiet times of the holiday season.

The Bitcoin network's hash rate has just reached a new all-time high, surpassing for the first time the symbolic threshold of 500 million terahashes per second. However, some experts warn of a sharp reversal risk. A sudden drop in hash rate would weaken the network's security and cause the price of Bitcoin to plummet.

Things are heating up between Venezuela and Guyana right now. The reason? Nicolás Maduro wants to reclaim Essequibo, a territory awarded to the British in 1899 following a “partial” decision by the judges of the time. Burdened by massive inflation, Venezuela needs to find other alternatives to get its economy back on track. And if that means the annexation of 2/3 of Guyana, where there are oil and other mineral resources, so be it.

Discover the impact of the Bitcoin halving on investors. Analysis of past events and anticipation of the crypto 2024 halving.

The Bitcoin network is often seen as a stronghold of stability and predictability. However, today it experienced notable delays in block production, prompting observers and participants to question the robustness and reliability of this decentralized system. But before succumbing to alarm, let's explore this phenomenon with a critical and informed perspective.

Although criticized for its carbon footprint, crypto mining, and bitcoin mining in particular, is a profitable business. It is dominated by large, financially powerful companies. But the operation remains accessible to a handful of independents, some of whom are renowned for their efficiency.

In a recent report, the UN looks at the energy consumption of Bitcoin, highlighting a close link between the price of BTC and its energy consumption. But what is the reality?

About 6 months from now, the Bitcoin halving, which is the 'halving' of rewards given to miners working with the Bitcoin protocol, is set to take place. The Bitcoin halving has been the subject of various speculations and analyses, with discussions ranging from the potential price increase of BTC to the challenges miners might face, as well as systemic effects. JP Morgan predicts that this event will have a negative impact on the profitability of mining operations.

Between China and the United States, the hatchet has never been buried. The trade war initiated by the two superpowers in 2018 took on a different form a year later. Since 2019, analysts have renamed this Sino-American antagonism the 'technology war.' It began with a decree banning Chinese technologies meant for equipping American 5G companies. Packs of sanctions followed this restriction, unfortunately creating a boomerang effect. Electronic giants specializing in bitcoin mining chips like Intel and Nvidia are suffering.

The European Union is to fork out nearly €1 million (in fiat or crypto?) to assess the environmental impacts of cryptocurrencies and bitcoin mining activities. Does this mean that Brussels prefers strict regulation of these activities to the ban? In any case, crypto-enthusiasts will be sure to follow the progress of this study, especially the publication of the first reports. The fate of bitcoin mining and crypto activities in Europe will in fact depend on it.

An unexpected event has shaken the very foundations of Bitcoin, the most famous and valuable digital currency. Marathon Digital, one of the most technologically advanced mining companies, recently mined an invalid block. But what does this mean for the network and all of us?

The Terra storm heavily impacted the Bitcoin price and several crypto projects, including Celsius Network. In July 2022, the crypto lender formerly led by Alex Mashinsky declared bankruptcy, with a balance sheet burdened by over $4.7 billion in debt to its users. However, the Celsius team remained resilient during these challenging times. Recently, the bankruptcy court gave the green light for the execution of the financial restructuring plan for this crypto company. To top it off, Celsius acquired a Bitcoin mining site in Texas.

Is the decentralization of the Bitcoin network about to improve thanks to minimalist miners such as Nerdminer and Bitaxe?

MIAMI (BUSINESS WIRE) - U.S. Data Mining Group, Inc. dba US Bitcoin Corp (“USBTC” or “the Company”), a leading operator of large-scale data centers for new-age workloads such as digital asset mining, is thrilled to announce that it has secured a deal with Celsius Network LLC (“Celsius”) to host an initial 8,500 miners with an estimated sticker hashrate of 820 petahash (PH) at the USBTC Alpha Site. This significant agreement represents a robust advancement in the Bitcoin mining industry and continues the strong collaboration between USBTC, and Celsius, with support from the Fahrenheit, LLC coalition (“Fahrenheit”) which includes USBTC, Arrington Capital, Proof Group Capital Management, Steven Kokinos, and Ravi Kaza.

After El Salvador, Bhutan and Russia, the Sultanate of Oman is now rolling out the red carpet for bitcoin miners.