Bitcoin mining Archives

Bitcoin Hashrate Breaks a New All-Time High – Is a Massive $BTC Price Rally Next?

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Bitcoin has hit yet another milestone as its network hashrate reached a new all-time high of 1.046 zettahashes per second, marking the strongest security level in the cryptocurrency’s 16-year history. Source: Bitcoin Magazine This hash rate breakthrough occurs at a time when approximately 93.3% of Bitcoin’s total 21 million supply has already been mined. Due […]

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Canaan Announces Record Bitcoin Mining Month with Over 109 BTC Mined

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Bitcoin Magazine Canaan Announces Record Bitcoin Mining Month with Over 109 BTC Mined Canaan Inc. (NASDAQ: CAN), an innovator in Bitcoin mining, reported today their bitcoin mining update for the month ending May 31, 2025, with 109 bitcoins mined. The company’s total bitcoin holdings rose to 1,466 BTC. “In May 2025, despite the 10% increase

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Bitcoin Hash Ribbons Indicating Prime Buying Opportunity, Analyst Says

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin

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Russia’s War On Illegal Mining Heats Up With Bitcoin Seizures

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A former electric‐grid executive in Russia has lost roughly ₽7 million (about $88,570) in Bitcoin after law enforcement agents seized his stash. According to a press release from the Investigative Committee for the Amur Oblast, the man—once in charge of technological connection

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Bitcoin Hash Breaks Record Even As Mining Harder Than Ever

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the 7-day average of the Bitcoin Hashrate has just set a new record, despite network difficulty being at an all-time high. Bitcoin Hashrate Has Observed A Sharp Surge Recently The “Hashrate” refers to an indicator that keeps track of

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IMF Warns Against Pakistan’s Power Push for Bitcoin Mining, AI Data Centers

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Key Takeaways: The IMF has questioned Pakistan’s plan to power Bitcoin mining and AI centers. It raised concerns over legal risks and energy strain. Pakistan advances national crypto and blockchain strategy. The International Monetary Fund (IMF) is pushing back on Pakistan’s plan to allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI)

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Bitcoin Difficulty Set for Another Jump—How High This Time?

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Bitcoin network Difficulty is set to go up in the next adjustment and is estimated to reach a new all-time high (ATH). Bitcoin Difficulty Will Go Up Again In The Upcoming Adjustment The “Difficulty” refers to a feature

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Bitcoin Miners Now Making M Daily—How It Stacks Vs Past

Bitcoin Miners Now Making $50M Daily—How It Stacks Vs Past

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Bitcoin miners are currently making more than $50 million in daily revenue. Here’s whether this is near the record or not. Bitcoin Miner Revenue Has Seen A Surge Recently In a new post on X, CryptoQuant author Axel

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Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers

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Pakistan will allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI) data centers. According to a Bloomberg report, the Pakistan Crypto Council (PCC) overseeing the project confirmed that three underutilized coal-powered plants, currently operating at just 15% capacity, will be repurposed to support this initiative. This development is part of the government’s

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Sangha Renewables Launches 20 MW Bitcoin Mining Facility Powered by Solar Energy

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Bitcoin Magazine Sangha Renewables Launches 20 MW Bitcoin Mining Facility Powered by Solar Energy Sangha Renewables has officially broken ground on a 19.9-megawatt (MW) bitcoin mining facility in West Texas, marking a notable step in its mission to merge sustainable power with digital asset infrastructure, according to a recent press release sent to Bitcoin Magazine.

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