Mining Under Difficulty Pressure
🔲On July 12, Bitcoin’s mining difficulty increased by nearly 8%, approaching its all-time high — signaling a return of computational power to the network. However, following the adjustment,…
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Hashrate Declines, Profits Rise
⬛Bitcoin’s average monthly hashrate dropped by about 3% in June, according to JPMorgan. Analysts attribute the decline to a seasonal mining slowdown in the U.S., particularly in Texas,…
Miners Under Network Pressure
🔵On June 29, Bitcoin mining difficulty dropped by 7.48% to 116.96 T — the largest decrease in recent years. The network hashrate also fell to 799 EH/s, reflecting…
Riot Shifts Mining Strategy
⬛U.S.-based miner Riot Platforms has sold a portion of its mined bitcoins for the first time since January 2024, directing the $38.8 million in proceeds toward operational expenses…
Bitcoin Mining Becomes More Expensive
🔵The average operational cost of mining Bitcoin for the largest Western mining companies rose by 47% in the fourth quarter of 2024, reaching $82,162 per coin. Meanwhile, the…
Miners Are Doubling Down
⛏Despite Bitcoin’s sluggish price performance, the network’s hashrate continues to hit new all-time highs. At first glance, this appears counterintuitive — mining profitability is declining, difficulty is rising,…
Home Bitcoin Mining in 2025
🟦In 2025, mining Bitcoin at home is still possible through several methods, ranging from lottery-style mining with compact devices to professional solo mining using ASICs. The lottery method…
Mining Ban Hits Energy Sector
🟦Restrictions on cryptocurrency mining in Siberia have resulted in major losses for energy companies. In the Irkutsk region, more than 300 MW of capacity was freed up, but…
Illegal Crypto Farms and Energy Theft
🔲In Karachay-Cherkessia, three illegal crypto farms were discovered using electricity without proper metering. The organizer of the first farm installed 186 devices in a rented facility, modifying the…
Russia Tightens Mining Regulations
🔴The Russian Ministry of Energy plans to hold regular meetings on mining regulation. The Bitcoin mining ban in 10 regions, effective January 1, 2025, has reduced the energy…
Illegal Mining in Irkutsk
🌀An illegal mining farm has been discovered in the Irkutsk region, consuming electricity equivalent to 150 households. Police seized over 130 ASIC miners, while energy providers estimated the…
Mining and Energy in the Russian Far East
🔵The Russian Far East could become a new hub for cryptocurrency mining. Deputy Prime Minister Yuri Trutnev proposed generating surplus electricity to be used for mining. This would…