Technology giant Bitdeer announced the release of new chips to significantly improve Bitcoin mining by reducing power consumption, costs, and the environmental footprint of BTC mining. Representatives of Bitdeer, one…

In 2024, Bitcoin mining facilities in the U.S. consumed over 20,800 GWh of electricity, which at the average commercial cost amounts to $2.7 billion. On a daily basis, $18.65 million…

Luxor Technology Corporation and Bitnomial Inc. introduced the world’s first Bitcoin mining derivative. The new product will be available on a regulated exchange in the United States and will allow…

Block keeps working on its own decentralized Bitcoin mining system and announced that it completed the development of three-nanometer chips for mining devices. Block, a company headed by Jack Dorsey,…

Finland is using specially designed Bitcoin mining devices that integrate into the district heating system and allow households to be heated while mining BTC.  Hashlabs Mining, a company that specializes…

Marathon Digital, the largest mining company, developed a Layer 2 solution for Bitcoin to enhance BTC functionality and drive innovation. Marathon Digital Holdings, the largest cryptocurrency mining firm and blockchain…

The Bitcoin halving, scheduled for April, will reduce the block reward by half, rendering approximately one-fifth of mining rigs unprofitable. According to a Galaxy Digital report, the Bitcoin network’s hashrate…

Tether Holdings Ltd. plans to invest about $500 million in the construction of mining facilities and credit financing for publicly traded mining companies. Tether, the USDT issuer, plans to invest…

Blockchain is reshaping the financial market, with cryptocurrencies opening up new opportunities for payments, investments, and passive and active income. A 2023 study found that 92% of users are aware…