Bitcoin Miner Marathon Digital Declares Bumber Q1 2023

US Democrats Ask Regulators to Crack Down on Crypto Mining

The American Bitcoin (BTC) mining company Marathon Digital Holdings Inc has published a report for the first quarter that is better than what was predicted. The report states that the company mined a total of 2,195 Bitcoin during the period. According to the most recent report (1) provided by the company, it mined a total … Read more

Jack Dorosey’s Block Plans to Launch a Bitcoin Mining Development Kit

Jack Dorosey's Block Plans to Launch a Bitcoin Mining Development Kit

The Bitcoin ‘Mining Development Kit’ (MDK) could be useful for incorporating Bitcoin mining into a variety of use cases, such as heating systems, mining off the grid, mining at home, or apps that need intermittent power. Jack Dorsey’s company, Block Inc., has made it one of its missions to democratize the Bitcoin mining sector and … Read more

TeraWulf Started a Nuclear Power-Based Bitcoin Mining Facility in Pennsylvania

TeraWulf Started a Nuclear Power-Based Bitcoin Mining Facility in Pennsylvania

TeraWulf, a Bitcoin mining based in the United States, recently opened a new crypto-mining operation in Pennsylvania. This plant is powered entirely by nuclear electricity generated on-site. TeraWulf announced in a statement released (1) on Monday, March 6, that the Nautilus Cryptomine plant is the first Bitcoin mining operation that operates “beyond the meter.” This … Read more

Argo Blockchain Reports a Good February in Terms of Bitcoin Output

On March 7, Argo Blockchain reported its amazing monthly performance in its operations update for February 2023, published on March 7. In addition to its strong Bitcoin production during the previous month, Argo Blockchain also observed (1) an increase in its revenue during the same period. Notwithstanding the challenges presented by the network, the Argo … Read more

Japanese SBI Stops Crypto Mining in Russia

Japanese SBI Stops Crypto Mining in Russia

SBI Group, a Japanese financial conglomerate, recently made the announcement that it will cease all of its cryptocurrency mining activities across the entirety of Russia. The company has discontinued its cryptocurrency mining operations in the Siberia region of Russia ever since the major conflict between Russia and Ukraine broke out on February 24 of this … Read more

‘Core Scientific’ Sells More Bitcoin Than It Mined

'Core Scientific' Sells More Bitcoin Than It Mined

Core Scientific, a publicly traded Bitcoin mining company, suffered another net loss on its Bitcoin assets during the past month. According to a release made by the corporation on Friday, they made a profit of $44 million after selling 1,975 coins in July at an average price of $22,000 per Bitcoin. This was disclosed in … Read more

USA Becoming Hub of Bitcoin Miners After China Bans Mining

USA Becoming Hub of Bitcoin Miners After China Bans Mining

The United States of America has emerged as one of the most important countries for mining cryptocurrencies worldwide. The United States of America is now home to several cryptocurrency mining companies that rank among the most successful in the world. As a result of China’s ongoing crackdown on cryptocurrency mining activities over the past few … Read more