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Hut8 Mining CEO says Bitcoin’s coming halving will be on a ‘different scale’

Hut 8 Mining CEO Asher Genoot said the coming Bitcoin halving will be on a “different scale” in terms of impact on the mining industry. Genoot said during an interview with Bloomberg on April 2 that large scale miners must become “low-cost operators” to ensure they can survive the turbulent market conditions post-halving. дальше »

2024-4-3 00:09


Green Bitcoin: Sustainable Energy Usage Surges To Record 55% High

Bitcoin, the enigmatic cryptocurrency known for its volatile price swings and digital gold status, is making a surprising play for a new title: sustainability champion. A recent analysis by Bitcoin environmental impact expert Daniel Batten reveals a remarkable surge in renewable energy use for mining, reaching a staggering 55%. дальше »

2024-2-23 18:00


Bitcoin In Danger: European Commission’s Methodology Threatens EU Mining Ban

The European Commission (EC) is facing criticism from the crypto community over its proposed methodology to calculate and mitigate the “environmental” impact of Bitcoin.  Daniel Batten, co-founder of CH4 Capital, has expressed concerns that the EC’s approach could lead to an EU mining ban and have far-reaching consequences for the global Bitcoin community. Batten argues that […] дальше »

2023-12-6 05:00


Bitcoin Community Accuses BBC Of Sensationalism In Controversial Mining Article

A recent article published by the BBC has sparked a heated debate among cryptocurrency enthusiasts and critics regarding the environmental impact of Bitcoin (BTC) mining.   The piece, titled “Every Bitcoin payment ‘uses a swimming pool of water,’” raised concerns about the water consumption associated with the mining process. дальше »

2023-12-2 03:00


Drowning In Complexity: Bitcoin Miners Submerged By Soaring Mining Difficulty

Bitcoin miners face mounting challenges as the difficulty adjustment in Bitcoin (BTC) mining continues to impact profitability and an energy crisis disrupts operations.   Created by Satoshi Nakamoto, the difficulty adjustment protocol aims to maintain an average interval of 10 minutes between new blocks, affecting the mining process and costs. дальше »

2023-8-10 12:50


Bitcoin Mining Firm Core Scientific Stock Plunges Amid Bankruptcy Rumors

The crypto winter that began in early 2022 has resulted in several financial issues, including Bitcoin mining firms. Many crypto firms have struggled, while others had to close shop. The crypto community felt the impact, mainly through many crypto firms, including Celsius Network, Three Arrows Capital, Voyager Digital, etc. дальше »

2022-10-31 14:15