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Mining news

Mining: What is proof-of-stake (PoS) concept?
Proof-of-stake works through the concept of staking, which means locking up your tokens into a smart contract on the blockchain. In return, you become a validator to verify transactions and..
Mining: Investment company Deus X intends to invest in Bitcoin mining
Deus X, an investment company with $1 billion under management, recently announced its plans to invest in bitcoin mining.
Mining: Bitcoin miners have sold more than 10,000 BTC in the last 24 hours
On January 17, 2024, bitcoin miners sold 10,600 BTC valued at $455 million, resulting in a decline in reserves to the lowest level in a year.
Mining: Bitcoin hashrate drops 34% due to cold weather in Texas
A significant drop in the hashrate of the leading cryptocurrency was the result of extremely cold weather in Texas, where a significant number of bitcoin miners are concentrated.
Mining: The youngest US presidential candidate and Bitcoin supporter refused to participate in the elections
Bitcoin advocate Vivek Ramaswamy, also known for his anti-Ukrainian statements, has officially withdrawn his candidacy from the presidential race in USA.
Mining: The estimated value of mining 1 BTC after the halving event is projected to be $37,856
In 2023, the hashrate of the bitcoin network has grown significantly - by 90%. CoinShares experts in their report assessed the future prospects of the industry by analyzing..
Mining: Phoenix Group enters into a $187 million deal with Bitmain to supply mining equipment
Phoenix Group recently partnered with Bitmain, a leading player in the mining hardware industry.
Mining: Celsius creditors are asked to return money
Cryptocurrency lender Celsius has notified its creditors who withdrew significant amounts of money in the 90 days leading up to its bankruptcy declaration that they will have to repay some..
Mining: 26.9 Bitcoins were transferred to Satoshi Nakamoto’s wallet
On January 5, an unknown user transferred 26.91 BTC (the equivalent of almost $1.2 million at current exchange rates) to the wallet of Satoshi Nakamoto, the mysterious creator of bitcoin.
Mining: Bitcoin hashrate continues to grow, leading to a drop in miners' income
On December 26, the computing power used by the Bitcoin (BTC) network reached an all-time high. However, the profitability of mining in the blockchain of the leading cryptocurrency began..
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