Paraguay’s Bitcoin mining industry is in danger of losing a significant portion of its operations, a…
Category: Mining
Mining
Bitcoin Network Witnesses Second Largest Decline in Difficulty in 2024
On July 4, 2024, the Bitcoin network saw its second-largest decrease in mining difficulty since the…
Corruption in Paraguay Senator Reveals Illegal Bitcoin Mining Farms Command Up to 500000 for Underground Operations
Senator Salyn Buzarquis of Paraguay has publicly accused senior officials from the National Power Ad…
Marathon Digital Announces Rise in Hashrate Holds 18536 BTC
Marathon Digital Holdings, Inc. has announced its latest updates on bitcoin production and miner ins…
LAPD Launches Investigation into Theft of 579000 Bitcoin ASIC Miner Suspected Individual Released
A resident of Canyon Country in Santa Clarita, California has been accused of stealing bitcoin miner…
Paraguay Implements 14 Increase in Bitcoin Mining Power Fees Prompting Companies to Consider Ceasing Operations
The National Power Administration of Paraguay (ANDE) has unexpectedly increased electricity fees by…
Coinmetrics Report Highlights Challenges in Bitcoin Mining During Q2 2024
Bitcoin miners faced a testing second quarter in 2024, grappling with a 7% decline in hashrate follo…
June Earnings for Bitcoin Miners Marginally Fall Short of Mays Figures
Bitcoin miners experienced a slight decline in revenue during June, with earnings totaling $963.67 m…
Alleged Involvement of ANDE Employees from National Power Administration in Unlawful Bitcoin Mining Farms Established in Paraguay
ANDE Engineers Accused of Orchestrating Illegal Bitcoin Mining Operations in Paraguay
Reports have e…
Bitcoin Miners Witness Exit of 100 EHs from Network Amid Falling Prices and Revenues
Bitcoin’s value has fallen by 5% in the past week, causing miners to experience a decrease in revenu…
