News for tag «Mining» (6):
Early Miner Called 50 BTC Reward for $5.68 in Electricity Unprofitable
In September 2010, forum user TTBit calculated that mining a Bitcoin block with a 50 BTC reward would cost $5.68 in electricity and called it unprofitable.
Public Bitcoin Miners Cut Hashrate Amid AI Growth
Major public miners have significantly reduced their total hashrate over the past six months.
Hyperscale Data Has Halted Bitcoin Mining in Michigan to Build an AI Data Center
Hyperscale Data has ceased all Bitcoin mining operations at its Michigan facility, pivoting to the development of an artificial intelligence (AI) data center.
IREN Reports Cloud AI Services Revenue Surpassing Bitcoin Mining for the First Time
In the fourth quarter of fiscal year 2026, ending June 30, IREN recorded for the first time that revenue from cloud artificial intelligence services exceeded income from Bitcoin mining.
Whiteville Authorities Impose Temporary Ban on Cryptocurrency Mining
The municipal authorities of Whiteville, North Carolina, have imposed a temporary ban on the construction of new data centers and the installation of digital currency mining equipment.
Bitdeer Mined 1,190 Bitcoin in July 2026
Bitdeer Technologies Group reported a record 1,190 Bitcoin mined in July 2026 in its operational report, up 20% from June and 322% higher than the same period last year.