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Mining

22 articles

Bitdeer Mined 1,310 Bitcoin in August and Ended the Month With 61
Business

The miner's self-mining hashrate rose to 79.9 EH/s and production was up about 249 percent from a year earlier, but its bitcoin balance ended the month at 61 coins, against 257 a month earlier and 1,934 a year ago. The company's own footnote says the figure counts coins pledged as collateral, which rules out one explanation for the drop.

·MiningPool Staff
House Crypto Tax Bill Exempts $10 Fees and Drops Staking Deferral
Policy

The Ways and Means Committee marked up H.R. 10357 on Wednesday morning, a day after the CLARITY Act stalled in the Senate. The bill waives tax on network fees of $10 or less from 2028, but settles only that staking and mining rewards are ordinary income, not when they are taxed.

·MiningPool Staff
Bids for Dashjr's Forked Bitcoin Peaked at $82
Tech

The BLAKE2b chain locked out every SHA-256 rig in existence when it activated on 1 September. The one venue quoting the coin showed a 131.7 per cent bid-ask spread, and no major exchange has listed it at all.

·Oliver Bradford
Marathon Digital first miner to exceed 30 EH/s hash rate
Tech

Marathon Digital achieved approximately 30 exahashes per second of energized hashrate in mid-2024, representing over 30,000 operational mining devices and confirming the company's status as a leading North American mining operator.

·Oliver Bradford
Sichuan flooding disrupts 20% of Bitcoin hashrate
Tech

Heavy rainfall in Sichuan province during late June 2019 destroyed tens of thousands of mining rigs and disrupted up to 20 percent of the global Bitcoin hashrate, prompting miners to relocate operations to Xinjiang.

·Oliver Bradford