Pi Network has responded to a controversy triggered by a post from Bybit CEO Ben Zhou challenging the project’s legitimacy and accusing it of being a scam. On Feb. 20, an X account describing itself […]
Understanding Bitcoin solo mining Solo mining involves an individual miner independently validating Bitcoin transactions and adding new blocks to the blockchain without collaborating with others in a mining pool. This process requires substantial computational power […]
Bitcoin (BTC) miners are increasingly shifting toward artificial intelligence (AI) and high-performance computing (HPC) as transaction fee revenues remain inconsistent, according to a recent VanEck report. The firm noted that while network congestion can lead […]
Riot Platforms’ VP of Research, Pierre Rochard, yesterday testified before the Texas Senate Committee on Business and Commerce in support of Senate Bill 21, which would establish a state Bitcoin reserve. His testimony on Feb. […]
Russian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting to approximately 1.3 billion rubles ($14.2 million). On Feb. 18, local media outlet Tass reported […]
US-based crypto miners are facing delays in receiving ASIC mining hardware due to intensified scrutiny of shipments from China’s Bitcoin, the dominant supplier of Bitcoin (BTC) mining rigs. As Bloomberg News reported, industry executives said […]
Russia’s Ministry of Energy plans to introduce a nationwide registry for crypto mining equipment, making registration mandatory for all operations. According to a Feb. 3 TASS report, Deputy Minister of Energy Yevgeny Grabchak is leading […]
Grayscale has introduced a new crypto-related investment product focused on the Bitcoin mining sector, according to a Jan. 30 statement shared with CryptoSlate. The new product is called the Grayscale Bitcoin Miners ETF and is designed […]
Digital Currency Group (DCG) has announced the launch of Fortitude Mining, a new subsidiary focused on diversifying exposure to high-growth crypto assets and Proof-of-Work ecosystems beyond Bitcoin (BTC). DCG CEO Barry Silbert revealed the move […]
Rosseti, Russia’s state-owned electricity giant, is reportedly evaluating Bitcoin mining to enhance energy utilization in areas with surplus capacity, local news agency TASS reported. According to the report, the power grid operator plans to establish […]
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