Global #Bitcoin mining

According to Reuters, El Salvador has utilized the geothermal energy from the Tecapa volcano to mine 473.5 Bitcoin (BTC) over the past three years.

Marathon Digital, a Bitcoin mining firm, encountered operational hurdles but managed to achieve record financial results in the first quarter of 2024.

The recent adjustment occurred at block height 842,688, resulting in a 5.63% decrease in Bitcoin mining difficulty, bringing it down to 83.15 T.

Recent discoveries are challenging the longstanding notion that Bitcoin mining predominantly has negative environmental impacts.

Yesterday, reports emerged indicating that a Bitcoin wallet dating back to the "Satoshi Nakamoto era" had been activated. Satoshi Nakamoto is the pseudonymous individual credited with creating Bitcoin, who mysteriously disappeared in 2011.

Marathon Digital (MARA), a Bitcoin mining firm, is enjoying a positive week marked by significant developments. Its stock price has seen a notable surge following its inclusion in the esteemed S&P SmallCap 600 index and the unveiling of a performance-driven executive incentive program.

The national security risks posed by bitcoin mining in Iran have drawn the attention of US Senators Angus King and Elizabeth Warren.

The "hash price," a statistic that is crucial to the profitability of Bitcoin mining, has recently fallen to previously unheard-of levels, raising fears among the mining community.

Over the past few years, power theft for cryptocurrency mining has become an increasingly serious issue in the Malaysian state of Sarawak. Three hidden cryptocurrency mining operations that were found in shophouses and residential residences in the Miri region recently are suspected of stealing electricity.

In order to solve the environmental issues related to Bitcoin mining, PayPal's Blockchain Research Group is putting forth an innovative solution in partnership with Energy Web and DMG Blockchain Solutions. The study employs the fundamental economic tenets of cryptocurrencies to motivate miners to adopt sustainable practices.

In the face of increased regulatory scrutiny, Tether, the company behind the stablecoin USDT, said that it had diversified into four new business areas.

There are now two measures in the Arkansas State House that might limit bitcoin mining in the state. These bills establish the framework for future debates that may result in legislation, even though they have not yet developed into complete laws.