Thu, November 21

Japan’s TEPCO Taps Surplus Green Energy for Bitcoin Mining

Japan’s Tokyo Electric Power Company (TEPCO) is exploring green energy management through its subsidiary, Agile Energy X. By utilizing surplus renewable energy for Bitcoin mining, the company aims to tackle energy waste and generate significant revenue. According to a report by local media Asahi Shimbun, Agile Energy X revealed that

September 9, 2024 2 mins read

Rhodium Approved for $30M or 500 BTC Loan Amid Bankruptcy

Rhodium Encore LLC, a Bitcoin mining firm based in Texas, has received court approval to pursue a financing plan during its Chapter 11 bankruptcy proceedings. The firm faces a debt of $100M. On Friday, the company was granted permission to choose between receiving $30 million in U.S. dollars or 500

August 31, 2024 2 mins read

Jack Dorsey’s Ocean Mining Launches Global Hub in El Salvador

Jack Dorsey-backed Bitcoin mining pool Ocean has launched a “global hub” in El Salvador via its new entity. According to the X post, the new venture, Ocean Mining S.A. de C.V., headquartered in San Salvador, aims to leverage the favorable regulatory environment in El Salvador to expand its operations and

May 30, 2024 1 min read

Bitcoin (BTC) Mining Difficulty Has Gained New All Time High

Bitcoin (BTC) price increase has brought jouissance to all sectors of crypto market players. The BTC miners are employing a huge amount of hashing power to mine a block. In the last 24 hrs, the BTC difficulty is 39,350,942,467,773 at the height of 774,286. On the 29th of Jan, 2023,

January 30, 2023 2 mins read

Bitcoin (BTC) Miners Are Again Making A Profit

The crypto market pioneer Bitcoin (BTC) is surging steadily. The coin has crossed over the $22K limit after four long months. BTC is currently trading at $22,624 at the time of writing. And it is to remember that last time the crypto was in the $22K range during September 2022

January 21, 2023 2 mins read

Bitcoin Hashrate Bounces Back Overall After 39% Drop

Bitcoin hashrate which fell on Dec 25th nearly reaching a 39% low in the week started to surge. As per the CoinWarz data, the bitcoin hashrate was 168.85 EH/s on Dec 25th. And two days prior (Dec 23rd) it was 271.4 EH/s. The reason for the fall was stated to

December 26, 2022 1 min read

Global Bitcoin (BTC) Adoption 10% Higher By 2030

BTC adoption on the rise. 10% global adoption by 2030. Price of BTC will surge up constantly. However, be the market stance for the Bitcoin (BTC), there are always teams around the world on further constant analysis and research upon it. Accordingly, a recent report put out by the Blockware

June 10, 2022 2 mins read

New York State Passes Bill Regarding BTC Mines Ban

BTC mines working on PoW are under the microscopic view of the NY State Senate. Mines are requested to change from fossil energy usage to renewable energy. The New York State passed a bill to ban Bitcoin (BTC) mining plants that run on energy obtained from fossil fuels. BTC and

June 3, 2022 2 mins read

BTC Fails Makes Argo Blockchain Suffer 90% Downs

Argo Blockchain suffers losses of more than 90%. This accounts for Q1 of 2022 alone. BTC’s market crash accounts as a major reason. The recent market crash has completely devastated the crypto market. Not only the Bitcoin (BTC), but almost all the cryptocurrencies are down for the past several days.

May 18, 2022 2 mins read

ChickenFast Builds New Crypto Mining Facilities in the US

ChickenFast (CF), a leading cloud-based pool of computer power for cryptocurrency mining, officially announced that it has built end-to-end encrypted crypto mining facilities in Texas, US, and it is planning to build more others in the near future. The mining facilities are one-of-a-kind innovations to address the scarcity of mining

April 11, 2022 2 mins read