Amidst a saturated U.S. market, mining rig giants like Bitmain and MicroBT are now setting their sights on expanding into Russia, as revealed by reliable sources.
During this campaign season, politicians are increasingly focusing on cryptocurrency, as evident from a series of bitcoin-related statements and policy announcements. Even those who have been skeptical of crypto should take note, as appearing anti-innovation could be detrimental. This narrative is featured as part of CoinDesk's Mining Week 2023.
Hive aims to enhance its transition into artificial intelligence by offering comprehensive enterprise training on its array of GPUs.
The report highlights the crucial influence of electricity costs on the bear market witnessed in the past year, presenting a formidable hurdle for miners striving to remain operational.
Only the miners who possess the most cost-effective energy solutions and employ highly efficient equipment will emerge victorious in this quadrennial occurrence.
This week, the mining difficulty of Bitcoin is expected to reach an unprecedented level as miners actively introduce new mining equipment to take advantage of the recent surge in profits.
The miner stands to earn up to $75 million in management fees for the Celsius mining rigs over a span of five years, making it a highly lucrative venture.
In an interview with CoinDesk, Fred Thiel, CEO of Marathon, emphasizes the importance of securing adequate funding for the development and upkeep of the open-source Bitcoin Core client software.
A dispute between two mining companies centers around their involvement in demand response programs in Texas.
Bitdeer stated that the agreement represents 'a crucial expansion into Asia' and anticipates initiating fundraising activities later this month.