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Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility

Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility

Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,00...
Sep, 09, 2024
by Bitcoin News
Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity

Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity

Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site ...
Aug, 29, 2024
by Bitcoin News
Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price

Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price

On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. ...
Sep, 06, 2023
2 min read
by Bitcoin News
Bitcoin Miners Feel the Pinch: 10% Value Drop Tanks Hash Price in August

Bitcoin Miners Feel the Pinch: 10% Value Drop Tanks Hash Price in August

August has proved to be a challenging month for bitcoin miners, facing two difficulty spikes and witnessing the currency’s value plummet over 10% i...
Aug, 29, 2023
2 min read
by Bitcoin News
Bitcoin Miners Navigate Record Challenges and August’s Dual Difficulty Hike

Bitcoin Miners Navigate Record Challenges and August’s Dual Difficulty Hike

Bitcoin miners faced another uphill battle this month, marking the second straight increase in mining difficulty. On August 22, at block height 804...
Aug, 23, 2023
2 min read
by Bitcoin News