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1 week ago | 
cryptonews.com.au | Jose Oramas |Bitcoin Mining
Tether will redirect its Bitcoin mining power to Ocean, a decentralised mining pool founded by core dev Luke Dashjr, to counter centralised block-building dominance. The move aligns with Tether’s mission to support Bitcoin decentralisation and uses Ocean’s Datum protocol, enabling miners to generate their own block templates. Tether (USDT) is moving its global Bitcoin mining power to Ocean, a decentralised mining pool launched by Bitcoin core developer Luke Dashjr.
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3 weeks ago | 
cryptonews.com.au | Jose Oramas |Bitcoin Mining
Trump family members support a new venture aimed at building the world’s largest Bitcoin mining operation, with Hut 8 taking a majority stake in American Bitcoin. The consolidation will merge mining hardware under the American Bitcoin brand to create a focused, efficient pure-play miner and build a strategic Bitcoin reserve.
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1 month ago | 
cryptonews.com.au | Jose Oramas |Bitcoin Mining
The SEC clarified that PoW mining on permissionless networks isn’t deemed an “offer and sale of securities” under the 1933 Act if specific conditions are met. The regulator stated that mining is an administrative activity — securing the network, validating transactions and earning rewards based on computational contribution. The ruling applies to individual miners, mining pools and operators, aligning with the SEC’s broader move to drop lawsuits against major crypto firms.
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1 month ago | 
cryptonews.com.au | Aaron Feuerstein |Bitcoin Mining
Bitcoin experienced significant price volatility in late February and early March, with values fluctuating between US$78,452 and US$94,727. JPMorgan reported a collective 22% drop in mining stocks and a 5% decrease in mining revenue, with miners averaging US$54,300 per EH/s. Marathon Digital (MARA) reported a 6% decline in blocks won and Bitcoin production, attributing this to February’s shorter month and increased network difficulty.
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2 months ago | 
cryptonews.com.au | Ben Knight |Bitcoin Mining
A Welsh Computer engineer is going to great lengths to try and find his hard drive containing approximately 8,000 BTC. The drive was thrown out over a decade ago and supposedly sits in a landfill. Howells has been trying to gain access to the landfill for years but has been rejected by the local council and the UK High Court. His final play could be to buy the entire landfill in the hope of finally recovering his billions of BTC.
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Nov 28, 2024 | 
cryptonews.com.au | Aaron Feuerstein |Bitcoin Mining
Switzerland’s Bern advances a proposal to use excess energy for Bitcoin mining, aiming to boost crypto innovation. The feasibility study in Bern will assess environmental, energy and regulatory impacts of Bitcoin mining. Meanwhile, Vancouver proposes adding Bitcoin to its investment portfolio, targeting financial diversification and stability. Donald Trump’s proposed Bitcoin reserve is still a possibility and indeed Senator Cynthia Lummis confirmed the plans post-election.
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Sep 25, 2024 | 
cryptonews.com.au | Ben Knight |Bitcoin Mining
To have mined Bitcoin back in 2009 – it’s everyone in the community’s “what if” scenario. Except, for some, this dream was actually a reality. A 15-year-old Satoshi-era wallet sprung to life after decades of dormancy, moving 5 BTC out of its 1.2k in holdings. These Bitcoins, mined on an everyday PC, are now worth a whopping US $77m – and have been held since the coin was practically valueless.
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Sep 24, 2024 | 
cryptonews.com.au | Aaron Feuerstein |Bitcoin Mining
Despite a 2021 ban, China continues to lead in Bitcoin mining hashrate distribution. The US, Kazakhstan, and Russia are experiencing growth in mining activities, with the US share increasing steadily. CryptoQuant’s CEO highlighted that US miners are mostly institutional, contrasting with China’s smaller-scale operations. The rivalry in crypto policies between the US and China could benefit the global industry, as other countries also vie for a share.
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Sep 17, 2024 | 
cryptonews.com.au | Jose Oramas |Bitcoin Mining
The Royal Government of Bhutan holds 13,011 BTC, making it one of the largest Bitcoin-holding nation-states. Arkham Intelligence revealed the nation’s Bitcoin holdings, worth around US$780 million, by identifying the country’s Bitcoin addresses. Unlike many governments, Bhutan’s BTC comes from its Bitcoin mining operations rather than law enforcement asset seizures. You probably haven’t heard of it, but the Royal Government of Bhutan is one of the largest Bitcoin holders.
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Sep 12, 2024 | 
cryptonews.com.au | Jose Oramas |Bitcoin Mining
Bitcoin mining difficulty has hit a record high, rising by 3.5%, increasing competition among miners. High operational costs are making it challenging for miners to remain profitable, especially with rising difficulty and reduced margins, an expert said. Bitcoin mining difficulty has reached a record high, reflecting increasing competition among companies mining the cryptocurrency, according to data from crypto-mining tracker CoinWarz.
