The US-based bitcoin miner – Marathon Digital Holdings Inc. – reportedly has exposure of more than $80 million in one of its hosting providers – Compute North. Two weeks ago, the latter joined the list […]
Cryptocurrency mining surf a large quantity of electricity. And since the crypto industry saw widespread adoption in recent years, it scaled up mining activities likewise, which caused electricity shortages in some countries like Iran and […]
This is an opinion editorial by Doc Sharp, a bitcoin product designer currently funded by Spiral to contribute to various bitcoin FOSS projects. It’s not a stretch of truth to anyone who’s been around the […]
Data shows the public Bitcoin mining companies have been spending more excessively on administration, compared to other industries like gold mining. Average Public Bitcoin Miner Spends 50% Revenues On Administrative Costs According to a new […]
The environmental impact of bitcoin mining has long been a topic of great debate in the community. Due to the amount of energy consumed by the high-powered computers that are required to solve complex mathematical […]
The Texas-based cryptocurrency mining firm – Core Scientific – produced 1,334 BTC in August and sold 1,125 BTC of that stash for approximately $25.9 million. In June this year, when the crypto market and bitcoin […]
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