BlockDAG has recently made headlines with its innovative approach to the $2.17 billion cryptocurrency mining sector, as revealed in their latest keynote. This strategic development introduces a new era in crypto mining, aimed at democratizing the process through the use of smartphones. Leveraging Kaspa’s technology, BlockDAG promises enhanced speed, safety, and scalability in the crypto...
Bitcoin mining difficulty increased by 70% in a year. According to BTC.com, on March 24, 2022, BTC mining difficulty was 27.42 T. As a result of the next recalculation on March 24 this year, the indicator reached a new all-time high at 46.84 T. The previous record was set on March 11, when the difficulty...
The difficulty of mining bitcoin has reached a new record. As a result of the next recalculation, carried out on March 11, it updated its historical maximum, having increased by 1.16%, to 43.55 T, according to BTC.com. The previous record was set on February 25, when the difficulty reached 43.05 T. At that time, the...
The American mining company TeraWulf has announced the launch of the Bitcoin production site, which receives 100% energy from the nuclear power plant. A joint Nautilus object with Cumulus Coin with a capacity of 200 MW is connected to the Saskuekhanna nuclear power plant in Pennsylvania. The press release states that this is the first...
Bitcoin mining difficulty has set a new historical record. As a result of the next recalculation on February 25, it updated the maximum, increasing by 9.95%, to 43.05 T, according to BTC.com. The previous record was set on January 29, when the difficulty reached 39.35 T. Bitcoin mining difficulty changes every 2016 blocks, or roughly...
Shares of BIT Mining (BTCM) on the New York Stock Exchange (NYSE) rose 106% from USD 2.11 to USD 4.36 per share after the company announced the release of new LD3 mining devices on Twitter on 10 January. On 17 January, hardware manufacturer BIT Mining announced on its blog that the production of these devices...
The MVIS Global Digital Assets Mining Index, which includes data on the top 20 Bitcoin miners including Riot Blockchain, Galaxy Digital, Bitfarms and Iris Energy, has grown by 64% since the beginning of January 2023. This month, the indicator showed the largest increase since its inception in December 2021, according to Bloomberg. At the same...
