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Tag: Bitcoin Mining


Blockchain, Crypto

Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023

April 20, 2023

Via: Bitcoin.com

In less than two months, Bitcoin’s difficulty surged by over 22% and reached an all-time high on Thursday, April 20. The current difficulty of 48.71 trillion implies an exceptionally high average hash rate necessary for mining a new block. Specifically, […]


Blockchain, Crypto

Cleanspark Boosts Bitcoin Mining Capacity With Acquisition of 20,000 Bitmain Rigs

February 17, 2023

Via: Bitcoin.com

Cleanspark CEO Says Proprietary Mining Model Gives Company Greater Control and Efficiency Cleanspark, the publicly listed bitcoin mining firm (Nasdaq: CLSK), has announced that it acquired 20,000 Antminer S19j Pro+ units for $43.6 million. The company stated that it used […]


Blockchain, Crypto

Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction

November 29, 2022

Via: Bitcoin.com

Bitcoin’s Next Difficulty Retarget Is Expected to Decrease, Data Suggests a Notable Drop in the Cards When the last Bitcoin difficulty change occurred on Nov. 20, 2022, at block height 764,064, it increased by a mere 0.51% that day. The […]


Blockchain, Crypto

Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn

September 29, 2022

Via: Bitcoin.com

A recently filed SEC Form D registration explains that Rhodium Enterprises, Inc. raised $11.9 million this month, according to a notice of an exempt offering of securities filing published on September 19, 2022. Ten days later, Rhodium and Silversun Technologies […]