News
The Bitcoin network rate briefly soared above 1 Zetahash per second, multiple data sources show, making it one of the world’s most powerful supercomputers.
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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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Nakamoto’s legacy grew from a simple experiment to a “cornerstone of economic sovereignty.”
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Crypto firms take a hit as Trump’s new tariffs rattle markets, sinking stocks and stalling IPO ambitions across sectors.
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In an exclusive interview, Hut 8 CEO Asher Genoot reveals how the Trump-backed American Bitcoin venture is aiming to dominate US mining and ultimately take its vision public.
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“It will take a decade for the US to catch up with cutting-edge chip manufacturing,” Braiins chief marketing officer Kristian Csepcsar said.
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An initial tranche of $50 million will be used to develop Bitfarms’ Panther Creek data center in Pennsylvania.
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MARA Holdings and the head of digital assets research at VanEck endorsed the FLARE Act proposed by Texas Senator Ted Cruz on April 1.
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American Bitcoin was born from a deal involving members of Trump's family and Hut 8, a Bitcoin miner.
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The new fund will differ from GoMining’s product aimed at retail miners and feature a 2% annual management fee.
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Coinbase experienced its worst quarterly stock performance since the FTX collapse, dropping 33% in Q1 2025 despite strong revenue expectations.
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Bitcoin mining has shifted away from coal as an energy source despite global coal usage increasing to new highs in 2024.
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Research from Fidelity Digital Assets suggests that the Bitcoin bull market is not done yet, as the “acceleration cycle” has yet to produce a blow-off top.
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US President Donald Trump’s sons partner with Hut 8 to launch American Bitcoin, aiming to build the world’s largest Bitcoin mining firm with strategic reserves.
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Bitcoin miner MARA Holdings will offer up to $2 billion worth of its stock, the proceeds of which will partly be used to purchase more Bitcoin.
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GameStop is buying Bitcoin, miner revenues are stabilizing and a new real estate tokenization platform launches on Polygon.
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