News
Russia will continue taking measures to encourage crypto mining businesses to register with the tax authority, including imposing bigger penalties for violations.
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Mining News
Mining is the process of adding and validating transaction records on the Bitcoin public blockchain ledger while securing uptime for the network. This is how the network persists without relying on trusted third parties using vulnerable, centralized infrastructure. Mining is also used to distinguish legitimate Bitcoin (BTC) transactions from attempts at double-spending, which is when a user attempts to re-spend money that has already been spent somewhere else.
What miners are actually doing is continually guessing for a specific number (the nonce) designated in the header of the following block, which has a predetermined number of zero bits. When they guess the correct number after using extensive computation power, they solve the proof-of-work and are rewarded with the protocol currency, BTC. This simultaneously serves as the minting process for Bitcoin.
Bitcoin mining has come a long way since the network’s launch in 2009. In the early days, mining was how one would participate within the Bitcoin economy, using relatively modest computation resources such as an average consumer-grade laptop to allocate hashing power to solving the proof-of-work algorithm and earn Bitcoin from the block subsidy, all while securing the network.
Since then, mining has become a multibillion-dollar global industry, with massive operations and facilities around the world using incredible amounts of resources to compete for the block rewards of many different cryptocurrencies, all the while providing critical infrastructure and security to these networks.
- News
Ohio’s House passed a bill to legally insulate various crypto activities, such as mining and staking, and exempt some transactions from capital gains tax.
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Bitmain, Canaan and MicroBT — producing over 99% of global Bitcoin mining ASICs — are launching US-based production units in response to tariffs.
25465 - How to
Discover how to mine Bitcoin at home in 2025 using the latest ASIC hardware, optimized mining software, low-cost electricity setups and secure wallets to maximize efficiency and profitability.
317442 - News
The median cost of mining a single Bitcoin was only $52,000 in Q4, but jumped 23% in the first quarter and has risen again in Q2.
4166 - Explained
Yes, you can mine Bitcoin with a gaming PC — but between low performance, high electricity costs and tough competition from ASIC miners, it’s rarely worth the effort.
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BTC miners continue to face economic headwinds and challenges, including gradually rising computational requirements to mine blocks.
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Russian authorities found 95 mining rigs and a mobile transformer in a KamAZ truck illegally tapping power meant for a village in Buryatia.
24911 - Explained
With 93% of all Bitcoin already mined, the race for the remaining coins is intensifying. Here’s how it impacts scarcity, mining rewards and the future of the network.
- Explained
Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan
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Cybersecurity firm Kaspersky says the Librarian Ghouls may be hacktivists, based on their reliance on legitimate, third-party utilities, a technique commonly associated with similar groups.
2566 - News
American Bitcoin, backed by Eric Trump and Donald Trump Jr., has quietly amassed over $23 million in BTC while preparing to go public via a Gryphon merger.
6923 - News
The USDt issuer plans to launch its open-source project by the fourth quarter of 2025, according to CEO Paolo Ardoino.
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Illegal mining and a lack of regulation limit Malaysia from tapping into the crypto mining revenue.
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A Bitcoin miner secured a $330,000 block reward despite network difficulty surging to a record 126.98 trillion.
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