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Record Spike: Bitcoin Mining Difficulty Rockets 15% After Winter Storm
3+ hour, 11+ min ago (389+ words) Home > flash news > Record Spike: Bitcoin Mining Difficulty Rockets 15% After Winter Storm The difficulty of'mining Bitcoin'posted a historic 14.7% surge, reaching 144.4 trillion in its latest Friday update'the largest absolute increase ever recorded on the network. The adjustment occurred at'block 937,440'and reversed…...
CZ Says He Helped Shape UAE’s Move Into Large‑Scale Bitcoin Mining
1+ day, 3+ hour ago (347+ words) Home > flash news > CZ Says He Helped Shape UAE's Move Into Large'Scale Bitcoin Mining Changpeng Zhao, known as'CZ, publicly revealed the role he played in'the growth of the United Arab Emirates in Bitcoin mining. In response to a post detailing…...
Bitcoin Miners Target 30GW AI Buildout to Counter Hashprice Squeeze
1+ day, 3+ hour ago (327+ words) Home > Bitcoin News > Bitcoin Miners Target 30GW AI Buildout to Counter Hashprice Squeeze The mining industry is rapidly evolving toward a new business model based on data processing. Currently, the Bitcoin miners" AI infrastructure is emerging as a lifeline in the…...
UAE Mining Output Hits $453.6M With Strong Margins
1+ day, 4+ hour ago (367+ words) Home > flash news > UAE Mining Output Hits $453.6M With Strong Margins Arkham reported on X that a UAE-linked Bitcoin mining operation has generated $453.6 million in cumulative BTC production, highlighting $344 million in unrealized profit when excluding energy costs. The figures were shared…...
Cango Offloads $305M in Bitcoin to Cut Debt and Accelerate AI Transformation
1+ week, 4+ day ago (353+ words) Home > Companies > Cango Offloads $305M in Bitcoin to Cut Debt and Accelerate AI Transformation Cango described the sale as a catalyst for its "strategic pivot" into AI and HPC infrastructure. The company plans to repurpose its globally connected, grid'linked facilities to…...
Bitcoin Below $70K: Miners Struggle as Production Costs Hit $87K
2+ week, 1+ day ago (472+ words) Home > Bitcoin News > Bitcoin Below $70K: Miners Struggle as Production Costs Hit $87K The digital asset mining segment is also in crisis, as the Bitcoin mining cost exceeds the price on exchanges. With a market value hovering around $70,000, miners are operating with…...
Russia’s Biggest Bitcoin Miner BitRiver Enters Bankruptcy
2+ week, 2+ day ago (548+ words) Home > Companies > Russia's Biggest Bitcoin Miner BitRiver Enters Bankruptcy BitRiver, Russia's largest Bitcoin miner, entered bankruptcy proceedings while facing multiple financial and legal issues. Its parent company, Fox Group of Companies, is under court supervision due to accumulated debts and…...
US Storm Disrupts Bitcoin Mining as Hash Rate Takes a Sharp Hit
2+ week, 4+ day ago (290+ words) Home > Bitcoin News > US Storm Disrupts Bitcoin Mining as Hash Rate Takes a Sharp Hit The episode underlined that modern mining is evolving into an energy service as much as a digital asset business. Companies are building sites next to…...
Russia’s Biggest Bitcoin Miner BitRiver Reportedly Headed for Bankruptcy Amid CEO Detention
2+ week, 4+ day ago (442+ words) Home > Companies > Russia's Biggest Bitcoin Miner BitRiver Reportedly Headed for Bankruptcy Amid CEO Detention Alongside the insolvency proceedings, Igor Runets, founder and chief executive officer of BitRiver, was placed under house arrest on charges related to tax evasion. The measure…...
Crypto Mining Expansion: Tennessee City Updates Zoning Laws
4+ week, 23+ hour ago (322+ words) Home > Bitcoin News > Crypto Mining Expansion: Tennessee City Updates Zoning Laws The ordinance, approved on first reading, updates zoning language that did not account for large-scale data-driven industries. The new text establishes clear parameters on where crypto miners may operate,…...