Browsing Tag
Bitcoin Mining
131 posts
Real Cost of Bitcoin: Fossil Fuel Use Equivalent to 3.5 Million Cars, Says Report
In 2022, investors, traders, cryptocurrency businesses, and miners faced several challenges. The bear market persisted for an extended…
Pennsylvania is Now Home to a 100% Nuclear-Powered Bitcoin Mining Facility
Bitcoin has forever been under scrutiny for its proof-of-work consensus. The BTC mining process was considered to be…
Bitcoin Hash Rate Hits ATH in 2023, But Miner Reserves Decline
The 2022 bear market was extremely detrimental for an array of reasons. Bitcoin’s slump throughout the year had…
School Employee Steals Electricity in Campus For Bitcoin Mining
A former Cohasset High School employee was accused of stealing electricity on the school campus to mine Bitcoin.…
Will Tesla Resume Bitcoin Transactions After This Mining Development?
The Bitcoin [BTC] mining industry has been quite controversial. The amount of energy required to mine Bitcoin is…
Bitcoin is on a 12-Day Win Streak, 2nd Longest in History
Bitcoin [BTC] is gradually regaining value following a major drop in 2022 that brought the asset’s price to…
Bitcoin miners Core Scientific faces “securities fraud” allegations
Bitcoin mining giant Core Scientific has been the topic of discussion for an array of reasons. Starting from…
Will 2023 remain a bad year of Bitcoin mining?
With uncertainty looming in the Bitcoin mining industry, Hashrate Index, a prominent mining data firm has highlighted a…
Bitcoin Mining: Here’s What it Needs to Survive in 2023
The crypto market lost around $1.3 trillion in 2022. Moreover, the price of Bitcoin (BTC) fell by over…
Argo Bitcoin miner acquires $100M from Galaxy Digital to avoid bankruptcy
As seen throughout the year, bankruptcies have been increasingly common in the crypto industry. The Bitcoin [BTC] mining…