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…
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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…
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…
Foundry Launches Bitcoin Mining Equipment
⚡ Foundry, a subsidiary of Digital Currency Group and operator of the largest Bitcoin mining pool, has launched a new venture, Foundry Hardware. The company is producing its…
Bitcoin Miners’ Total Revenue in March
The total revenue of Bitcoin miners in March this year exceeded $2 billion. According to The Block, this marks a new all-time high. Transaction fees accounted for $85.81…