Recent mining News

Bitcoin millionaires have been on the rise since the start of the year, with the number of wallet addresses holding over a million US dollars worth of the cryptocurrency skyrocketing from approximately 30,000 to 74,809, as of April 14th, 2023. This tremendous surge has been attributed to a notable i ...

The Bitcoin network hash rate has reached an all-time high, even as the price of Bitcoin has fallen from its bear market highs. This has put extreme pressure on miners, who are now facing declining revenues and profitability. The situation has been made worse by soaring energy prices, which have fur ...

The EU Commission is planning to introduce an efficiency class system for cryptocurrencies by 2025. This would assess the underlying blockchain for sustainability. Minimum standards for energy consumption would then be set. In addition, the Commission also wants to evaluate the "climate impact of ne ...

Climate change is one of the most pressing issues of our time, and it is becoming increasingly clear that we must take action to reduce our impact on the environment. Cryptocurrencies are one of the major contributors to climate change, and their impact is only getting worse. Bitcoin, the most wel ...