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MINING

Bitcoin Hashrate Growth Slows Amid Tough Market Conditions for Smaller Miners

Bitcoin's hashrate growth has slowed, with market consolidation as larger firms dominate while smaller operators struggle due to declining revenue and profitability challenges post-halving.

cryptonews.net • 20/02/2025 - 19:26 PM

MINING

Bitcoin miner Riot tells Texas Congress state Bitcoin reserve needed to 'prepare for future downturns'

Pierre Rochard supports Texas Senate Bill 21 for a state Bitcoin reserve, citing benefits for finances, oversight, and economic resilience amid growing digital asset interest.

cryptonews.net • 19/02/2025 - 13:23 PM

MINING

Bitcoin mining has added over $4 billion to the US economy

Bitcoin mining contributed over $4 billion to US GDP and created 31,000 jobs in 2024, highlighting economic benefits despite environmental concerns.

cryptonews.net • 18/02/2025 - 22:15 PM

MINING

MARA Holdings Closes Deal for Texas Wind Farm

MARA Holdings completes a Texas wind farm acquisition to enhance bitcoin mining efficiency and reduce costs, utilizing renewable energy for its operations.

cryptonews.net • 18/02/2025 - 15:16 PM

MINING

U.S.-Listed Bitcoin Miners Accounted for 29% of Global Hashrate in February: JPMorgan

U.S. Bitcoin miners' hashrate almost doubled, accounting for 29% of global network; profitability declines amid lower prices and heightened competition.

cryptonews.net • 18/02/2025 - 13:06 PM

MINING

Russian power company reports $14 million in damages from illegal crypto mining last year

No article content provided for rewriting or summarizing.

cryptonews.net • 18/02/2025 - 11:11 AM

MINING

Bitcoin Miner HIVE Names Former Apple Exec to Lead Cloud Unit in $100 Million Push

HIVE Digital Technologies appoints Craig Tavares as President and COO of Buzz HPC to expand its GPU Cloud and HPC services as part of a $100 million revenue goal.

cryptonews.net • 18/02/2025 - 10:29 AM

MINING

KYC is (Becoming) a Key Legal Requirement for Mining Pool Providers

KYC is essential in the mining sector for regulatory compliance, ensuring transparency, attracting institutional investment, and fostering innovation while countering illicit activities.

cryptonews.net • 17/02/2025 - 19:41 PM

Cold weather in US spurred Bitcoin's first negative difficulty adjustment in four months

A January Arctic blast reduced Bitcoin mining profitability in the U.S., leading to a drop in mining difficulty for the first time in months amid rising energy costs.

theblock.co • 01/02/2025 - 18:35 PM

MINING

Arkansas Senate rejects bill to ban crypto mining near military facilities: report

The Arkansas Senate committee rejected a bill prohibiting crypto mining near military facilities, despite national security concerns and environmental criticism over mining practices.

theblock.co • 31/01/2025 - 04:35 AM

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