News
Arkansas has been resistant to crypto mining, with repeated community pushbacks over noise, energy use and sustainability concerns.
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Bitcoin Mining News
Bitcoin mining involves solving complex mathematical puzzles, validating transactions and securing the network. Miners compete to find the correct hash, adding new blocks to the blockchain and earning rewards in the form of newly minted Bitcoin (BTC). Notably, a new Bitcoin block is mined every 10 minutes on average.
Bitcoin mining has undergone a significant evolution since its early days. Initially, miners utilized CPUs and GPUs for mining. As demand increased, specialized hardware called ASICs (application-specific integrated circuits) emerged, drastically enhancing mining efficiency. In recent years, a noteworthy trend has been the shift toward renewable energy sources for mining operations. Miners are increasingly adopting eco-friendly solutions, minimizing the environmental impact of energy-intensive mining processes.
Mining can be done individually (solo mining) or collaboratively in groups (mining pools). Solo miners solve blocks independently, receiving the entire reward. In contrast, mining pools combine computational power, share profits and increase the chances of earning rewards collectively. This collaborative approach has become popular due to its steadier income stream.
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The Los Angeles Police Department said it seized $2.7 million worth of Bitcoin mining rigs allegedly stolen at the city’s airport from a shipment bound for Hong Kong.
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The Bitcoin mining company holds 19,223 BTC currently valued at nearly $1.8 billion.
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Bitdeer secured $60 million to expand ASIC production and self-mining as Bitcoin’s hashrate hit record highs and miner profits faced pressure.
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Uminers CEO Batyr Khydyrov discusses how the company is helping reshape the future of Bitcoin mining with sustainable infrastructure, global partnerships, and a bold zero-interest financing model.
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A senior Fed official believes markets are still functioning properly, but said the central bank would "absolutely" step in if financial conditions become disorderly.
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Since at least 2023, Bit Digital has been expanding into artificial intelligence and high-performance computing to diversify its revenue beyond crypto mining.
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Miners continue to face economic challenges as the cost of everything from energy to hardware is projected to rise due to trade tariffs.
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Auradine is aiming to expand its presence in the Bitcoin mining market, but it faces strong competition from established Chinese manufacturers.
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CleanSpark plans to sell mined Bitcoin each month and has secured a $200M credit line from Coinbase Prime as it shifts toward self-funding operations.
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The Bitcoin miner plans to start manufacturing mining rigs in the United States, according to Bloomberg.
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Stablecoin firm Tether said it will direct its Bitcoin hashrate to Ocean's mining pool as part of its mission to make Bitcoin block building more decentralized.
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Hashlabs CEO Jaran Mellerud says US crypto miners could rush to buy mining rigs amid Donald Trump’s 90-day tariff pause but baseline levies will leave them at a disadvantage.
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The Bitcoin network is especially vulnerable to geopolitical tensions because of its physical hardware requirements, crypto executives said.
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The Trump administration’s global “reciprocal tariffs” could see cheaper crypto mining rigs for non-US miners as manufacturers look to offload stock initially intended for the US.
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