BITCOIN MINING
Tether's Bitcoin Mining Site in Latin America Plans to Start Operations in a Few Weeks
Paolo Ardoino, CTO of Tether and Bitfinex, confirmed the authenticity of a photo of a container bearing the "Tether Energy" logo, confirming it was a depiction of a control room at a Latin American site nearing completion. Ardoino also shared a 3D design of the site.
Ault Alliance's Sentinum Mined 909 Bitcoins this year
Ault Alliance's subsidiary, Sentinum, mined 909 Bitcoins from Jan to Jul 2023, with 668 in Michigan and 241 via a partnership with Core Scientific.
Riot Acquires Next-Gen Miners from MicroBT, Boosting Mining Capacity
Riot has made a groundbreaking move by entering into a long-term purchase agreement with MicroBT. This landmark deal involves the acquisition of 33,280 state-of-the-art Bitcoin miners manufactured in the United States by MicroBT.
Coinbase Executives Visit UAE to Explore Potential for Crypto Operations
Coinbase executives, including CEO Brian Armstrong, visited the UAE to explore the potential of the region as a strategic hub for its international operations. The visit coincides with a partnership between Marathon Digital Holdings and Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi.
Marathon Digital and Zero Two Partner for Abu Dhabi Bitcoin-Mining Facility
Marathon Digital Holdings and Zero Two have partnered to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. The joint venture, based in Mina Zayed and Masdar City, will comprise two mining sites with a combined 250-megawatt capacity. Marathon and Zero Two plan to power the facilities with excess energy from Abu Dhabi’s grid.
Block's 5nm Bitcoin Mining Chip Prototype
Block has completed the prototype design for its 5nm Bitcoin mining chip, with plans to decentralize the supply of mining rigs through open-source technology. The company has purchased a large batch of ASIC chips from Intel to fast-track development of its proprietary 3nm chip.
Bhutan Embraces Bitcoin Mining with Green Energy
Bhutan, known for its focus on "Gross National Happiness," has been quietly accumulating and mining Bitcoin with the help of its abundant hydroelectric power. The country is negotiating with Bitdeer to expand its mining operations further.
CleanSpark Buys 45,000 Bitmain Antminer S19 XPs for $144.9 Million
CleanSpark, a crypto miner, has purchased 45,000 Bitmain Antminer S19 XPs for $144.9 million, which will nearly double its current computing power. The first batch of 25,000 rigs will be delivered in August, with the remainder arriving in September, and they will be installed at a site in Sandersville, Georgia. CleanSpark aims to have 16 EH/s of computing power by the end of the year.
Arkansas passes Bitcoin mining regulation bill
Arkansas has passed a bill to regulate Bitcoin mining activity in the state, protecting miners from discriminatory regulations and taxes. Digital asset miners must pay applicable taxes and operate without causing stress to public utility generation capabilities. The move follows a similar initiative in Montana and New York's proof-of-work mining moratorium.
Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike
Argo Blockchain increased its daily Bitcoin production to 5.7 BTC per day in February, up from 5.4 BTC per day in January, despite a 10% increase in network difficulty.
Former facilities worker who allegedly set up a secret cryptocurrency mining operation
After skipping a court arraignment session, Nadeam Nahas faces arrest for using a school's energy for bitcoin mining.
A cryptocurrency mining rights bill prohibit the discrimination of crypto
The Montana Senate approved a law to protect cryptocurrency miners from discrimination.
Bitcoin Ordinals Create Stir Within Crypto Community
Luxor CEO Nick Hansen stated Bitcoin Ordinals might produce "synergies" between the mining pool and OridinalHub.
CleanSpark Buys 20000 New Bitcoin Miners to Boost
CleanSpark bought 20,000 Antminer S19j Pro+ devices for $32.3 million to increase its mining capacity.
Bitcoin's Average Block Size Hits All-Time Highs
The average Bitcoin block size has reached record highs after Bitcoin NFT Ordinals protocol launched.
