Key takeaways Libya’s cheap, subsidized electricity made it profitable to run even older, inefficient Bitcoin miners. At its peak, Libya is estimated to have generated around 0.6% of the global Bitcoin hash rate. Mining operates […]
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Riot case study shows US Bitcoin miners can clear power costs long before they clear full profit Bitcoin mining costs are often reduced to a single number: the “cost to mine one BTC.” In reality, […]
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Starcloud, an Nvidia-backed orbital data center startup, said it will start mining Bitcoin from space later this year when its second spacecraft is launched, positioning it to become the first company to mine Bitcoin off […]
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A Bitcoin developer embedded a 66-kilobyte image inside a single transaction without using OP_RETURN or Taproot. The transaction followed consensus rules. Anyone can verify the bytes using standard node software. Martin Habovštiak didn’t do this […]
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Bitcoin’s hashrate fell 4% over the month to Dec. 15, which could be a positive sign for the cryptocurrency’s price in the months ahead as miner capitulation is “historically a bullish contrarian signal,” VanEck analysts […]
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