Yesterday iMiner, a Turkish company that has been operating in the mining sector for over 7 years, announced that it has received a license to mine crypto in Iran, making it the largest mining farm in this territory. First of all, here are the impressive numbers of iMiner: this is a company with 96 thousand
Yesterday saw the usual update to the difficulty of Bitcoin mining. Bitcoin mining difficulty value falls Following the collapse of the Bitcoin price, the level of difficulty also drops This time it was a 2.3% drop, with the difficulty dropping from the previous 30.3T to around 29.6T. It is worth noting that the all-time high
The head of the Russian Central Bank’s financial technology department, Kirill Pronin, said the country’s monetary authority would be ready to support the legalization of cryptocurrency mining. Russia is intent on making crypto mining legal The Russian Central Bank is keen to make crypto mining activities in the country legal The bank is placing a
Bitcoin’s (BTC) hash rate surged 17% to an all-time high of 361.28EH/s on Jan. 6 from around 233 EH/s recorded on the same day — the second biggest one-day increase in the past year.It has since retraced to 269.56 EH/s, as of press time.Source: GlassnodeOver the past week, data shows that Foundry USA contributed 29.08% of
For some time now, the South Korean phone company, Samsung, had already revealed initiatives in the blockchain world, but it is now news that it is also starting to produce 3-nanometer (3nm) chips for crypto mining. Samsung jumps into cryptocurrency mining The new microchip signed by Samsung for crypto mining Samsung is currently reportedly in
Bitcoin’s hashrate has been setting one record after another lately. Just six days ago, for the first time in history, 300 Eh/s was exceeded, while today for the first time 320 Eh/s was also surpassed. According to CoinWarz data, the peak occurred tonight at 321 Eh/s, after it had dropped as low as 213 Eh/s
Yesterday there was the second most significant decline in mining difficulty in Bitcoin’s history. In fact, it suddenly went from 19.99T to 16.78T, a decrease of 16%. The mining difficulty of Bitcoin is updated about once every two weeks, and in the previous weeks, it had always been increasing. By mid-September, it was around 17T
CEO of Ark Investment, Cathie Wood, is certain that the industry will increasingly shift to solar and wind power and because of this, Bitcoin will one day reach $500,000. Cathie Wood’s predictions for Bitcoin’s price and mining Cathie Wood, CEO of the investment firm Ark Investment, predicts that in the future renewables will account for
A new heat wave hits Texas, and cryptocurrency miners are feeling all the negative effects. Texas summer doesn’t seem like a good place for cryptocurrency miners Mining requires a great deal of electricity consumption from the use of special machinery, which in turn produces heat. To avoid being overheated and to allow them to work
China is no longer the beating heart of Bitcoin mining: other regions, including Kazakhstan and the United States, now assume considerable weight. China’s ban, the recent fight against mining farms, concerns about high energy consumption, and the resulting environmental impact are transforming the BTC production industry. Another not insignificant detail should be added: after the
