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satoshin • Jul 10, 2023, 1:45 pm EDT

Anticipated Spike in Bitcoin Mining Difficulty: Record-Breaking Hike to Wipe Out Recent Drop

In the fast-paced realm of Bitcoin mining, a significant rise is expected in the upcoming difficulty adjustment, which is slated to swing upwards between 4.74% and 7.7%, thereby offsetting the recent 3.26% reduction observed on June 28, 2023, as per data recorded on July 9, 2023.

3 minutes

satoshin • Jul 9, 2023, 5:43 pm EDT

Green Energy Revolution: Bitcoin Network’s Carbon Offset Potential

Bitcoin’s superior financial settlement network is often attacked on it’s energy consumption needs – but a closer look at the hard facts often paints quite a different picture

3 minutes

satoshin • Jun 29, 2023, 2:44 pm EDT

Riot Platforms Partners with MicroBT to Bring Bitcoin Miner Production Onshore: A New Era for the U.S. Crypto Mining Industry

In a significant stride for the U.S. Bitcoin mining sector, Riot Platforms, the largest public U.S. Bitcoin mining company in terms of developed capacity, has announced a landmark partnership with Bitcoin ASIC manufacturer, MicroBT. This collaboration is set to bring the production of MicroBT’s ASICs to America, marking a monumental shift in the traditionally Asia-centered Bitcoin miner manufacturing industry. The primary objective of this partnership is to secure miners for Riot’s Corsicana facility, a move set to considerably enhance the company’s mining capabilities. According to a press release shared with Bitcoin Magazine, this development aligns with Riot’s plans to amplify

2 minutes