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Ad Bitcoin (BTC) miner Argo said it mined 162 BTC or its equivalents in February, equating to 5.7 BTC per day, according to a March 7 operational update. The firm stated that its daily BTC production increased 7% to 5.7 BTC per day from a daily 5.4 BTC recorded in January. Argo added that it […]
Ad TeraWulf (WULF) has launched its Nautilus Cryptomine facility marking the inauguration of the first bitcoin mining facility in the US powered by nuclear energy. New Nautilus facility opens in Pennsylvania The mining giant has put almost 8,000 rigs into operation, generating a substantial computing power or hash rate of around 1.0 exahash per second […]
Ad The environmental impact of Bitcoin mining has been a hot topic in the past year, especially in the U.S. Following the coveted mining ban in China, a huge number of large mining operations set up shop in the U.S., taking advantage of loose regulation and low energy prices. The influx of mining companies to […]
Ad Crypto mining firm Marathon Digital Holdings published its February operations report on March 2, outlining its finances and hashrate data for the past month. Marathon has $410 million of unrestricted assets In its report, Marathon said it increased its unrestricted cash to $219.7 million and increased its unrestricted Bitcoin holdings to 8,260 BTC ($191.2 […]
Ad Crypto mining firm Riot Platforms published its 2022 financial results on March 2 and reported that it would delay its 10-K filing with regulators. Riot saw significant growth in 2022 In its annual report, Riot reported “record results” for the year of 2022. The company said that it brought in $259.2 million in total […]
Ad In February, Bitcoin (BTC) price increase outperformed 20 out of 25 stocks that belong to mining companies, according to Hashrate Index data. BTC closed at $23,723.77 on Feb. 1, according to Yahoo Finance data. On Feb. 20, BTC recorded its monthly high by closing at $24,829.15, which marks a 4.6% increase. The chart below […]
The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $23,480.17 and BTC market dominance is %. The price of Ethereum is $1,637.02 and ETH market dominance is %. The best performing cryptoasset sector is Energy, which gained 5%.
Ad Montana’s state senate passed a bill on Feb. 23 to protect individuals’ and businesses’ right to engage in cryptocurrency mining. The bill specifically aims to prevent the government from imposing higher electricity rates on crypto miners and imposing additional taxes on cryptocurrencies. It also seeks to ensure that mining firms can operate in industrial […]
Ad A Massachusetts man faces charges after mining cryptocurrency in a school crawl space, according to a report from the Washington Post on Feb. 23. That report says that Nadeam Nahas, a Cohasset, MA, municipal employee, was set to be arraigned today for fraudulent electricity use and vandalism. He did not arrive in court, and […]
Ad Bitcoin (BTC) mining from public companies has grown exponentially in recent years, with the hash rate share of the top mining companies increasing from 23.93 EH/s to 56.98 EH/s between Jan. 2022 and Jan. 2023. The increase represents a staggering 82% growth in hash rate YOY. Top public miners CryptoSlate analyzed ten of the […]
