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Latest Mining News

28% of Bitcoin hash rate supplied by public miners

Public miners now constitute 28% of Bitcoin's global hash rate, signaling a shift in the industry, as highlighted by Bloomberg analyst Jamie Coutts

4 days ago

Thinking outside the rig: 5 creative ways to mine crypto

Cryptocurrency mining is not just about computer rigs. From Teslas and human heat to vintage tech and repurposed waste, delve into the most unusual crypto mining methods.

5 days ago

Tecpetrol to launch gas-powered crypto mining facility

Tecpetrol, an Argentinian oil company, has announced plans to launch a crypto mining facility powered by natural gas

6 days ago

Marathon reportedly mined an invalid Bitcoin block

Marathon reportedly mined an invalid Bitcoin (BTC) block that was later scraped

6 days ago

Educational website with 5m monthly visitors hit by hidden Monero miner

The analysts say bad actors put a script on the website that installed malware to download a cryptocurrency miner.

1 week ago

Venezuela authorities seize Bitcoin mining machines from notorious prison

Over 11,000 soldiers and police have taken back the Tocorón prison in Venezuela, which served as the headquarters of the notorious Tren de Aragua gang.

1 week ago

Exploring Bitcoin’s path to a renewable mining future

While Bitcoin's journey toward sustainability shows promise, much work is ahead to assess its environmental consequences fully.

2 weeks ago

Bitmain injects $54m into bankrupt Bitcoin miner Core Scientific

Bitmain is investing $53.9 million in Core Scientific, the bankrupt Bitcoin miner, as part of an ongoing supply contract

2 weeks ago

Bitcoin mining firm Hut 8 gets judicial approval for USBTC merger

Canadian Bitcoin mining giant Hut 8 secured pivotal judicial approval for its merger with USBTC. The British Columbia Supreme Court has granted the final judicial go-ahead for the union between Canadian Bitcoin miner Hut 8 and U.S. Bitcoin Corp (USBTC).…

September 18, 2023 at 7:31 pm

Spacemesh’s members up 5X since July launch

In epochs 2, 3, and 4, Spacemesh community members increased from 2,800 to 32,000

September 18, 2023 at 5:18 pm

Tether launches testing phase for Bitcoin mining platform

Paolo Ardoino, chief technology officer of Tether, announced the launch of the testing phase for Moria, the company’s Bitcoin mining platform. In a posting on X (formerly Twitter), Ardoino declared the platform has achieved a significant milestone during this phase…

September 18, 2023 at 3:41 pm

Celsius acquires Texas mining site from Core Scientific for $14m

Core Scientific CEO Adam Sullivan expressed his satisfaction at the resolution, stating he was pleased to resolve “all existing litigation” with Celsius Mining.

September 16, 2023 at 2:53 pm

Bitcoin miner returns to Paxos $500k in mistakenly paid fees

A Bitcoin miner who mistakenly received the 19.8 BTC in fees returned the funds to the New York-based regulated blockchain, Paxos. On Sept. 10, a BTC transaction that moved only nearly $2,000 had a payment fee of $500,000. Later, on…

September 15, 2023 at 1:23 pm

US Senator says Bitcoin mining could boost energy grid resilience

Ted Cruz has voiced support for Bitcoin (BTC) mining operations in the U.S. The GOP Senator told Fox News that mining operations can improve grid resiliency.

September 11, 2023 at 7:08 am

Texas provides Riot $31.7m to halt Bitcoin mining amidst energy crisis

Texas Bitcoin miners have cut back 90% of their operations during the energy crisis after the state offered $31.7 million in energy credits. Amid an escalating power crisis driven by extreme weather conditions, Texas has turned to an unlikely ally…

September 8, 2023 at 7:06 pm