Shares of Bitcoin (CRYPTO: BTC) mining company Iris Energy Limited (NASDAQ:IREN) are trading higher Wednesday following a positive analyst initiation from Bernstein.
A UK-based Bitcoin organization is advocating to the new Labour government to implement a Bitcoin mining-based strategy to combat a growing problem of local electricity demand.
According to local reports, clandestine bitcoin mining is thriving again in Venezuela, albeit at a small scale after the government ordered to disconnect all Bitcoin mining operations from the power grid. Local ASIC stores are still…
Since the good old days when anyone could successfully mine Bitcoin on their PCs are long gone, the entire industry has undergone a significant transformation. Growing competition from larger mining entities has gradually made individual…
Shares of Bitcoin (CRYPTO: BTC) miner Hut 8 Corp (NASDAQ:HUT) are trading higher. The company on Tuesday announced that it entered into definitive agreements for a site in West Texas.
The Republican Party has integrated cryptocurrency issues into its 2024 platform titled “Make America Great Again.” The document outlines the party’s intention to “end Democrats’ unlawful and unAmerican crypto crackdown” on law-abiding…
The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking alternatives in neighboring countries, such as Argentina and Brazil. A joint venture between Argentine…
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the possible outcomes of the war that Paraguay is waging on illegal (and now legal…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay raises bitcoin mining power fees, Bolivia talks about the utility of stablecoins as dollar…
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the…
Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for operating underground. Buzarquis stated these unnamed…
Crypto mining stocks took a hit in pre-market trading as Bitcoin (CRYPTO: BTC) plummeted 22.45% over the past month and is down 9.15% in just five days.
Shares of Bitcoin mining companies, including Marathon Digital and Riot Platforms, are falling Friday as the price of Bitcoin dips below $56,000. Here's what's going on:; read more
Jameson Lopp, a software engineer and Bitcoin (CRYPTO: BTC) advocate, while highlighting two significant busts involving the theft of Bitcoin mining equipment, questioned the objectives of the robbers behind doing so.
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to…