Explained
While technically possible, the likelihood of mining a block solo without significant hash power is extremely low.
Cloud Mining News
Cloud mining allows the use of computing power for data processing centers and mining cryptocurrency without the need of buying special equipment, software, spending on electricity and so on. The main idea of cloud mining for Bitcoin, — which is also called cloud hashing — is that the user buys some computer power of the machinery set up in such data centers after agreeing on a cloud mining contract and do mining via cloud. Cryptocurrency cloud mining has many advantages for those who are not so technically skilled and are not ready to compile the equipment and set the special software. Besides that, this is a great opportunity for people living in countries with a too high cost for electricity to set up their own mining farms.
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Bitdeer aims to become a fully vertically integrated Bitcoin miner after the Canada project acquisition, but its stock performance continues to struggle.
14490 - Explained
Discover the key factors influencing cryptocurrency mining profitability in 2025, including electricity costs, hardware efficiency, mining difficulty and evolving regulations.
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The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models.
2712 - News
Europe’s biggest telecommunications provider plans to mine Bitcoin using surplus energy from renewable sources that would otherwise go unused.
4465 - News
BitFuFu expands its mining capacity by over 60% despite a dramatic rise in Bitcoin mining costs post-halving.
3828 - News
Senator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud and hot and “suck up a ton of electricity, which can crash the power grid.”
2159 - Follow up
US mining firms are confounding pre-halving expectations by hodling the BTC they mine.
7800 - Report
How can retail investors profit from Bitcoin mining after the halving slashed profit margins?
10211 - News
Northern Data is considering listing its cloud computing and data center business under two separate entities on the Nasdaq in the first half of 2025.
5486 - Video
In our latest video, we explore five methods for earning passive income with crypto, exploring the pros and cons of each one.
5194 - News
The new NiceHash firmware will combine the advantages of two products.
6510 - News
The unsolicited buyout bid followed a series of long-term business contracts in which Core Scientific would provide infrastructure for Coreweave.
1708 - News
Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value, including selling the business.
10208 - News
The Swedish Tax Agency found several crypto firms provided misleading business descriptions to avoid paying taxes between 2020 and 2023.
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