Bitcoin (BTC) mining difficulty has just seen its largest drop in a year, helping miners increase their profitability during this harsh crypto winter. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, dropped by 5% today. This brought it down to 27.69 T – the level last seen in…
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Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A…
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The global Bitcoin (BTC) mining industry had a sustainable electricity mix of 59.5% during the second quarter of the year, or slightly up compared with the first quarter, according to the latest quarterly survey conducted by the Bitcoin Mining Council. The survey, which collected data from over 50% of the global Bitcoin mining network, representing…
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Ukraine’s main law enforcement agency has busted an illegal facility mining cryptocurrencies in the Kharkiv region. The operators of the crypto farm have been minting coins using large amounts of stolen electricity, threatening energy supply to critical infrastructure, the agency said. Illegal Mining Farm Discovered in War-Torn Kharkiv Region Officers from the Security Service of…
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The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s).
Marathon Secures 254 MW of Bitcoin Mining Capacity —…
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While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second…
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Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking advantage of for some time, a media report revealed. Crypto Miners…
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