Japanās largest power utility, TEPCO, is exploring Bitcoin mining using surplus renewable energy through its subsidiary, Agile Energy X. TEPCO estimates that using 10% of Japanās surplus renewable energy for Bitcoin mining could generate up to $2.5 billion a year. Japanās Tokyo Electric Power Company (TEPCO) is exploring green energy management through its subsidiary, Agile…
Bitcoin minersā revenue fell in August 2024 compared to July 2024, according to data from Bitbo.Ā The revenue for August 2024 was around 5% greater than the revenue for August 2023.Ā Bitcoin mining hashrate continues growing, reaching 667,144,833.765 TH/s on July 27, 2024. Cryptocurrency mining was once termed one of the most profitable sub-categories of…
Rhodium Enterprise got the courtās green signal over the recent Chapter 11 bankruptcy filing.Ā The Bitcoin miner filed for bankruptcy on August 24, 2024, noting $50 Million to $100 Million in debt.Ā Rhodium has total assets valued between $100 Million and $500 Million, the bankruptcy filing notes.Ā In the past few years, several leading companies…
š Stay Ahead with AltcoinDaily.co! š A solo Bitcoin miner has recently defied the odds and successfully processed a Bitcoin block, earning nearly $200,000 for their efforts. The miner, associated with the Solo CK Pool, solved block number 858,978 at 4:21 pm UTC, as per data from the Bitcoin block explorer Mempool.space. This block contained…
A solo Bitcoin miner earned $199,101 by successfully mining the Bitcoin block 858,978 on Aug 29. The block contained 2,391 transactions, and the reward for processing was 3.27 BTC. While the Bitcoin miners are facing difficulties in maintaining profitability following the April 19 halving, a solo miner has successfully processed Bitcoin block 858,978 and netted…
On August 29, 2024, a solo miner received a reward of 3.275 BTC for miningĀ ā858,978ā block over the Bitcoin blockchain.Ā The validated block ā858,978ā contained 2,391 transactions weighing ā3.99 MWU. Ā Crypto mining has evolved significantly in the past few years; the surge is fueled by the entry of publicly listed companies with massive…
š Stay Ahead with AltcoinDaily.co! š Thailandās authorities, comprising police and electricity officers, raided a house suspected to be a Bitcoin mine in Ratchaburi town, west of Bangkok after residents complained of incessant power outages. Given the equipment found when they visited, authorities say the house served as an illegal Bitcoin mine. According to a…
Bitfarms Ltd, one of the leading digital asset mining firms, announced the acquisition of Stronghold Digital Mining for $175 Million. As per recent information, Stronghold owns over 750 acres of land with options on over 1,100 additional acres with two merchant power plants.Ā A recent filing states that Riot Platform Inc. boosted 1 Million stakes…
In a bold move to enhance its cryptocurrency portfolio, Marathon Digital, one of the leading Bitcoin miners, has successfully raised $250 million. This substantial investment is earmarked for increasing its stakes in Bitcoin (BTC) and the promising altcoin ETFSwap (ETFS). As the company looks to solidify its position in the crypto market, this strategic acquisition…