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Block has announced its first customer for its 3nm mining ASICs. The buyer is Core Scientific, a major Bitcoin mining firm. This deal is significant in the history of Bitcoin mining, as it proves Jack Dorsey is a a real visionary far beyond Twitter. Core Scientific will receive chips with 15 exahas

The Bitcoin mining industry is facing challenges. This could be a bullish sign for Bitcoin's price, based on historical data. Bitcoin's total hash rate has declined. It dropped from 658 exahashes per second (EH/s) in late May to 556 EH/s on June 28. This data comes from Hashrate Index. Hash rate m

Riot Platforms reported a significant, almost 50% increase in its deployed hash rate during June. The company's hash rate in Bitcoin mining rose from 14.7 exahashes per second (EH/s) to 22 EH/s. This surge enabled Riot, a prominent Bitcoin mining firm, to mine 255 Bitcoin in June. That is a nearly

Bitcoin mining is not that bad for our mother nature, after all. According to a recent study, Big Tech's carbon emissions continue to grow exponentially. This is largely due to the rise of generative artificial intelligence. Amazon alone now produces more carbon dioxide per year than all global Bitc

Bitcoin miners are shifting to other cryptocurrencies amid falling profits, reports CryptoQuant CEO Ki Young Ju. Bitcoin's hashprice has hit an all-time low. This metric indicates expected daily earnings per unit of mining power, which is a fundamental indicator of the overall efficiency of the min