BIT Mining, a Chinese Bitcoin mining company, completed a $14.28M deal with Ethiopia on December 3rd to acquire a 51-megawatt facility and 18K mining rigs. Ethiopia is now at par with Norway, ...

China currently dominates the market for the hardware and software used to mine cryptocurrency. Creating a large federal ...

Bitcoin mining is important for the blockchain’s security because it prevents double-spending. Miners contribute to the ...

Bitcoin miners are seeing a threefold profitability margin despite rising network difficulty, according to data from ...

“Cryptocurrency trading and mining are banned to prevent capital ... Mr Hennessy said there were major differences between China’s digital yuan and the privately owned cryptocurrencies such as bitcoin ...

On January 6, Chinese authorities revealed plans to develop a comprehensive national data infrastructure, with blockchain technology positioned as a foundational element. The initiative seeks to ...

Innovative technologies converge to address global energy needs, highlighting the potential of clean power solutions.

Cango purchased 50 EH/s worth of mining power towards the end of 2024, making it one of the biggest players in the bitcoin ...

When bitcoin typically puts in these many consecutive positive adjustments it has marked near cycle tops and bottoms.

In fact, for Dr. Youwei Yang, chief economist at BIT Mining, Ethiopia’s ultra-low electricity costs provide the firm with a unique opportunity to extend the shelf life of its bitcoin mining rigs which ...