Iceland’s Abundance of Renewable Energy Boosts Bitcoin Hashrate
With its vast renewable energy resources, Iceland has emerged as a prominent destination for Bitcoin mining.
Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group
Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, including the abundance of clean hydroelectric power sources. However, the stance that the government has taken toward cryptocurrency mining could slow this growth process.
HIVE Ups Bitcoin Production in First Full Quarter Without Ethereum Mining
Crypto miner HIVE Blockchain increased its Bitcoin production in the final three months of last year, despite the ongoing crypto winter and the end of its Ethereum mining operations.
Over 52.6% of Bitcoin Mining Now Powered by Sustainable Energy
Amidst the rapid evolution of the high-tech and ever-evolving landscape of Bitcoin mining, an intriguing discovery has emerged from one of the industry’s leading Bitcoin energy researchers.
Why Bitcoin Miners Need to Take Ethereum Seriously
While much has been written about Bitcoin maximalism’s impact as a cultural force (and its inevitable decline), less has been said about how the ideology drives financial markets – including its influence on deployment decisions for institutional capital. This is worth examining because digital asset allocations may now be poised for a revolutionary shift towards the Ethereum blockchain.
PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool
UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. By allowing clients to connect their ASIC miners to its platform and mine together, it provides them with a more consistent and attractive income than mining alone.
Bitcoin Miner Iris Energy Will Nearly Triple Hashrate After Buying 4.4 EH/S in Machines
Bitcoin miner Iris energy bought 4.4 EH/s worth of machines with $67 million in Bitmain prepayments and now expects to nearly triple its hashrate.
Bitcoin Mining Difficulty Dips 0.5% over Two Weeks After Hitting Record High
Bitcoin’s mining difficulty edged down 0.5% in the two weeks through Sunday after hitting an all-time high in the previous adjustment, according to data from BTC.com. The difficulty changes roughly every two weeks, and is a measure of how much computing power is used for mining bitcoin blocks to be rewarded with Bitcoins. (forkast)
Exploring the Dynamics Between Bitcoin Hashrate, Price, and Profitability
Relationship between Bitcoin mining hashrate and its price is complex and multifaceted. This article will explore the dynamic between these two factors.
Green Energy: Encomiums As Bitcoin Mining Goes Nuclear in the U.S.
The US’s first nuclear-powered Bitcoin mining facility has now been completed, drawing crypto closer to its renewable energy commitment. The 300,000-square-foot data centre in Northeastern Pennsylvania will generate over 48 MW of energy for powering an in-house data centre and a Bitcoin mining facility.
