Bitcoin mining - Redeeem

Bitcoin network hits new difficulty level

The difficulty of mining Bitcoin rose to 28.587 trillion some days ago, just moments after miners released the 19th millionth bitcoin.

Exxon Mobil

Exxon Mobil pilots Bitcoin mining program with excess natural gas

Exxon Mobil is running a pilot program that uses natural gas that otherwise would have been burned off from its North Dakota oil wells to power crypto mining.

European Parliament

European Parliament votes against Bitcoin mining ban

Members of the Economic and Monetary Affairs Committee of the European Parliament voted against a bill on Monday that could have banned proof-of-work cryptocurrencies like Bitcoin and Ethereum.

Intel

Intel to unveil 'energy-efficient' bitcoin mining chip

Intel will unveil a Bitcoin mining “Bonanza Mine” chip during this year's International Solid-State Circuits Conference.

Bitcoin mining

Square CEO considers Bitcoin mining

Jack Dorsey has said they are "considering" building their own bitcoin mining system using an open-source software and custom silicon.

Bitcoin

Bitcoin used more electricity in 3 quarters of 2021 than all of 2020

A study suggests that the Bitcoin network has already consumed more power this year than it did during the entire year of 2020.

Bitcoin mining

Malaysian Police destroy over 1000 Bitcoin mining rigs

The possessor of these rigs was reportedly accused of stealing electric power, causing losses worth $2 million for Sarawak Energy, the electric utility company powering the Sarawak province in Malaysia.