🚀 Stay Ahead with AltcoinDaily.co! 🌐 Hut 8 Mining has announced the purchase of 31,145 Bitmain Antminer S21+ machines, which is expected to increase its self-mining hashrate by 66% by the first quarter of 2025. With a price tag of $15 per terahash, these new machines are set to be deployed early next year, bolstering…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Leading Bitcoin miners, Marathon Digital and Riot Platforms, reported record production figures for October, marking their highest output since the Bitcoin halving in April 2024. Marathon mined 717 Bitcoin, equivalent to $48.8 million, while Riot generated 505 Bitcoin, valued at $34.4 million. The post-halving rebound in output underscores the…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 During a speech at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, former Chinese finance minister Lou Jiwei urged China to scrutinize the rapid advancements in cryptocurrency. His comments reflect growing concerns within China’s financial sector about the impact of digital currencies on global markets. Cryptocurrency’s Threat to…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The authorities in Malaysia have destroyed 985 bitcoin mining machines valued at around 1.98 million Malaysian ringgits (around $452,500). This action is part of an ongoing crackdown on power theft linked to bitcoin mining in the country, as reported by local media. The destruction of the mining rigs, which…