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Tag: bitcoin mining difficulty

U.S. congressman says crypto mining tax scrapped in debt ceiling deal

A proposed tax on electricity used by cryptocurrency miners in the U.S. has been scrapped in the deal between U.S. President Joe Biden and...

As Bitcoin Mining Difficulty Hits Record High, We Examine Its Impact on Market Dynamics

Bitcoin mining, a critical facet of the cryptocurrency ecosystem, has again seized the spotlight. Earlier today, crypto analyst “Crypto Rand” highlighted a significant rise...

Polygon (MATIC) Continues To Plunge; Why Are The Bears Still Dominant?

Polygon (MATIC) is below the $1 mark today as the bears continue to pressure its price. From April 19, 2023, it moved into a...

Russia is 2nd biggest Bitcoin miner after U.S.: report 

Russia is now the second largest Bitcoin miner after the U.S., according to a report by Russian media Kommersant. Russia’s new ranking comes amid moves...

Bitcoin Hashrate Surges as Mining Difficulty Reaches Record High with 1.7% Increase

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin’s mining difficulty has hit a record high of 48.71 T after...

Bitcoin mining difficulty rises 1.7% to record high, hashrate jumps

Bitcoin’s mining difficulty level rose 1.72% on Thursday, hitting a record high, while the network’s hashrate increased, showing miners are applying more computing power....

Bitcoin Mining Difficulty Hits All-Time High For The 4th Time In 2023: Here’s Why  

Bitcoin mining difficulty continues to break records despite the struggles of BTC to surpass the $30,000 resistance mark. The leading coin has attracted the...

Bitcoin miner TeraWulf reports 146% revenue growth, expanded mining capacity

Nasdaq-listed Bitcoin mining firm TeraWulf, which started operations in March last year, reported a 146% surge in revenue in the fourth quarter of last year...

Bitcoin gains as investors diversify amid worries about banking system; U.S. equity futures rise

Bitcoin and the other top 10 non-stablecoin cryptocurrencies opened the working week with gains in Monday morning trading in Asia, as investors seek to...

Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps

Bitcoin’s mining difficulty level rose 7.56% on Friday, hitting an all-time high along with the network’s hashrate, showing miners are applying more computing power....

Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike

Publicly-listed Bitcoin (BTC) mining firm Argo Blockchain has reported an increase in its daily Bitcoin production for the month of February, despite a significant...

Bitcoin mining difficulty dips 0.5% over two weeks after hitting record high

Bitcoin’s mining difficulty edged down 0.5% in the two weeks through Sunday after hitting an all-time high in the previous adjustment, according to data...

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