According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices of application-specific integrated circuit (ASIC) bitcoin mining rigs, highlighting […]
On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s lead for mining hardware products, Naoise Irwin. The post revealed enhancements in the chip design, upgrading from the initially planned 5-nanometer (nm) process to an […]
A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of Antpool. This revelation follows earlier findings that highlighted a notable concentration of custodianship among the same pools. Analysis Reveals Shared Mining Practices Among Top Bitcoin […]
With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining facility by an additional 72 megawatts. This project is scheduled for completion by the end of the second quarter of 2024. This expansion aims to augment the company’s existing hashpower capacity. Core Scientific Plans for […]
California State Lawmaker Introduces Bill To Ban Excessive Homework Authored by Eric Lundrum via American Greatness, A state lawmaker in California has introduced legislation that would severely restrict a teacher’s ability to hand out homework assignments to students that are deemed to be too much. As reported by Breitbart, State Assemblywoman Pilar Schiavo (D-Calif.) introduced AB 2999, formally known as The Healthy Homework Act, in February. The bill would mandate public...
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging, with the network’s difficulty reaching an all-time high of 88.10 trillion. This complexity, coupled […]
California State Assembly member Pilar Schiavo (D) introduced a bill that would ban teachers from assigning students excessive amounts of homework.
A bipartisan pair of California lawmakers want to do away with the obnoxious CLEAR line-cutting racket that lets the wealthy buy their way to the front, reports Politico. As Democratic Senator Josh Newman explains of his proposal to ban CLEAR from California airports, "The least you can expect when you have to go through the security line at the airport is that you don't suffer the indignity of somebody pushing you out of the way to let the rich person pass you," His Republican colleague Janet...
Norway has recently announced its intention of enacting a data center-focused law, which seeks to exert more control over the operations performed at these locations. One of the objectives behind this move would be to crack down on data centers hosting cryptocurrency mining operations, as it is an unwanted business in the country. Norway to […]
By extending this innovative functionality to the underground mining sector, FIRSTGREEN aims to revolutionize safety standards and mitigate the inherent risks associated with traditional mining operations.
BlockDrop Coin operates as a cutting-edge cryptocurrency that allocates mining rewards to token holders via weekly airdrops, simplifying access to the mining economy. Historically, the entry barriers to profitable Bitcoin mining have steadily increased, pushing individual miners and small operators to the periphery of the Bitcoin mining economy. This centralization of Bitcoin mining power raises […]
Hong Kong customs officers arrested three individuals involved in a HK$1.8 billion ($228 million) money laundering operation that utilized a cryptocurrency platform and bank accounts of shell companies, with investigations revealing suspicious activities such as abnormally frequent large transactions in accounts with no clear financial backgrounds. The suspects, who did not know each other, allegedly […]