Mining
Mining News
Mining News: The backbone of the Cryptocurrency Industry.
Mining has been a vital part of the cryptocurrency industry since its inception. It is the process by which new coins are created and transactions are validated on the blockchain network. As the demand for cryptocurrencies continues to rise, so does the demand for mining. The mining industry is constantly evolving, with new technologies and techniques being developed to increase efficiency and profitability.
Stay tuned to cryptonews.one for the latest updates and developments in the mining industry, including news on popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more.
Russia Adopts Bitcoin for Foreign Trade as Sanctions Drive Crypto Innovation
24
Russia embraces Bitcoin and cryptocurrencies for international trade, legalizing mining and transactions to counter Western sanctions. The shift underscores its strategy to reduce dependence on the US dollar.
Read More...
Read More...
Bitcoin Ends 2024 in Gains, But Mining Stocks See Mixed Results Amid Challenges
24
Despite Bitcoin all-time highs and a strong hashrate, most mining stocks struggled in 2024, with some like Argo Blockchain down 82%, while others like TeraWulf surged 170% due to diversification efforts.
Read More...
Read More...
Marathon Digital Acquires $618M in Bitcoin, Expands Corporate Treasury
33
Bitcoin mining giant Marathon Digital has purchased $618 million worth of Bitcoin at an average price of $95,352 per BTC. This acquisition raises its corporate BTC treasury to $3.3 billion, solidifying its position as the second-largest…
Read More...
Read More...
Russian Power Provider Shuts Down Illegal Crypto Mining Farm with 110 Rigs in Dagestan
29
Rosseti, Russia power provider, dismantled a large illegal crypto mining operation in Dagestan capital, seizing 110 rigs and investigating damage to the energy grid.
Read More...
Read More...
Miners Go Nuclear: Bitcoin and Energy Sectors Forge New Symbiosis
32
The merger of Bitcoin mining with nuclear energy marks a transformative trend in the energy and crypto sectors. As policymakers champion nuclear energy and Bitcoin prices hit $90K, mining operations leverage nuclear power for cost-effective…
Read More...
Read More...
Online advertising service 1lx.online
Marathon and Riot Set New Bitcoin Production Records Amid Rising Mining Difficulty
34
Marathon Digital and Riot Platforms achieved record-high Bitcoin production post-halving in October, driven by enhanced transaction fees and increased hashrate despite rising network challenges.
Read More...
Read More...
Germany Eyes Bitcoin Mining for Renewable Energy Stability with Deutsche Telekom New Project
52
Deutsche Telekom and Riva GmbH team up to launch a Bitcoin mining project in Germany. This initiative seeks to use surplus renewable energy for mining, showcasing how digital assets can contribute to energy grid stability.
Read More...
Read More...
Top PC Mining Apps for 2024: Maximize Your Crypto Mining Efficiency
33
Explore the best crypto mining apps for PC in 2024, each tailored to different expertise levels and preferences. From user-friendly interfaces to advanced customization features, find the right fit for your mining goals.
Read More...
Read More...
Malaysia Loses $103 Million to Illegal Crypto Mining: TNB Battle Against Energy Theft
43
Illegal crypto mining has cost Malaysia national electricity provider TNB RM 456 million, or approximately $103 million, from 2022 to 2023. Authorities are intensifying efforts to curb this theft.
Read More...
Read More...
Bitcoin Mining Revenue Drops to 2024 Low, Down 70% from March Peak
28
Bitcoin miners hit a revenue low in October 2024, with earnings plummeting by 70% since March’s peak. Rising mining difficulty and reduced transaction volumes have driven a sharp decline in earnings.
Read More...
Read More...