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Luxor Technology Signs $131.4 Million Deal With Bitcoin Mining Rig Maker Microbt

Luxor Technology Signs $131.4 Million Deal With Bitcoin Mining Rig Maker Microbt

Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Lux...
MiningLuxor
Dec, 11, 2024
by Bitcoin News
Ethiopia increases BTC hashrate with 600MW commitment to Bitcoin mining

Ethiopia increases BTC hashrate with 600MW commitment to Bitcoin mining

Ethan Vera, co-founder and COO at Luxor stated that Ethiopia had increased its BTC hashrate as the 600 MW (megawatts) dedicated to mining was now f...
BitcoinLuxorETBEEP
Oct, 09, 2024
3 min read
by CryptoPolitan
Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop

Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop

On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitco...
BitcoinMiningMining DifficultyHashprice
Aug, 07, 2024
by Bitcoin News
Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High

Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High

According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25...
BitcoinBlockchainMiningDigital Currency
Jul, 28, 2024
by Bitcoin News
Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto

Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto

On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology ...
MiningMarathonOrdinal InscriptionsBitcoin Blockchain
May, 03, 2024
by Bitcoin News