Category: Mining
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The institutionalization of BTC: Mining may be more profitable than buying
Regardless of Bitcoin’s price or future economic scenarios, Bitcoin mining will be a profitable activity.
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Hackers Are Trying to Mine Crypto Using Russian Government Servers, Expert Says
Hackers have been mining crypto on government servers in Russia, including defense contractors and medical centers, expert says.
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Surge in Bitcoin energy consumption sparks debate in crypto community
Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index.
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Argo Blockchain Buys 172.5 Bitcoins as Reserve Asset, Monthly Revenue Soars 52%
Argo Blockchain said Wednesday that it bought 172.5 bitcoins in the second half of January as part of its asset management strategy. ● In a trading update, the London Stock Exchange-listed bitcoin miner also reported strong revenue growth during the review month, climbing 52% to £2.48 million ($3.37 million) from £1.63 million ($2.21 million) in…
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California Pension Fund Loaded Up on RIOT Shares During Bitcoin’s Q4 Rally
The largest public pension in the U.S. bought more RIOT shares for the first time since 2017.
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Ethereum Miners Earned Record $830M in January
Miner revenue jumped over 120% from the previous month.
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China’s 500.com to Purchase Another $8.5M-Worth of Bitcoin Miners
The NYSE-listed lottery firm may also acquire another 10,000 miners this year.
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Gold could get ‘GameStopped’ next, says Cameron Winklevoss
The ongoing silver price rally, allegedly sparked by retail traders from Reddit, could “tell us just how bullshit precious metals markets are,” said crypto exchange Gemini co-founder Cameron Winklevoss last Sunday. The ramifications of a #silversqueeze cannot be underestimated. If it’s exposed that there are more paper claims on silver than actual silver, not only…
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Interview: Alejandro De La Torre On Hash Rate-Backed Tokens And Taproot
Listen To This Episode: Apple Spotify Google This episode of Bitcoin Magazine’s “Bitcoin In Asia” featured Alejandro De La Torre, vice president at Poolin. De La Torre and Poolin are managing taprootactivation.com to improve on the communication and transparency of the Taproot activation process specifically. Poolin has also recently launched a live-traded, hash rate-backed token,…
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Marathon Patent Group To Receive 4,000 New Bitcoin Mining Rigs From Bitmain
This morning, Marathon announced that a shipment of 4,000 new Antiminer S-19 Pro Bitmain miners are en route to its mining facility in Hardin, MT. This is the first of many shipments that Marathon has scheduled for 2021 which will fulfill its order for more than 103,000 additional miners from Bitmain, according to a release…