In the world of crypto currencies, many users employ the technique of mining to produce crypto currencies. In this context, a lone miner successfully solved a block of the Bitcoin currency to earn a reward worth $148,000.
Mining technology relies on complex mathematical calculations that...
Compass Mining, a cryptocurrency mining company, reported that Bitmain is changing its ASIC design which is the device used in bitcoin mining, requiring updating if the user wants to continue operating efficiently.
This change caused the old devices to cease functioning completely or partially in...
The U.S. state of Missouri protects cryptocurrency mining operations after a local Senate resolution allows miners to have ownership rights over devices used for mining.
This means that mining devices cannot be considered contrary to environmental law prohibiting the use of mining devices in some...
According to CleanSpark, the company mined a record 697 bitcoin in a single month, up 50% from what was mined in December 2022, and achieved 98% uptime across all of their sites, making it the company's most reliable month ever.
In addition, the company disclosed...
The Litecoin network has procured an ample amount of hashrate over the past 30 days as the blockchain's computing power increased 38%, from 576 terahashes per second on December 28, 2022, to its all-time peak of 798 TH/s on January 25, 2023.
Litecoin's hash rate...
Record Difficulty Increases As Bitcoin Hash Rate Hits Record Highs
Bitcoin's computing power surged in the first week of the year, hitting its first record high since 2023.
As of January 7th, statistics show that the Bitcoin hash rate has stabilized at around 290 EH/s after...
