In the world of cryptocurrency, crypto mining is crucial for keeping networks safe and confirming transactions. While it used to be limited to desktop computers and specialized hardware, now mining has evolved greatly thanks to the rise of mobile apps.…
Key Takeaways Two Bitcoin Mining Giants, Marathon Digital and Core Scientific, have now found themselves entangled in a lawsuit. Patent Hoarder, Malikie Innovations has sued the mining firm for using the Elliptic Curve Cryptography (ECC) employed by the Bitcoin blockchain,…
Key Takeaways Leading crypto mining firm, Bitdeer reported a net loss of $531.9 million for the fourth quarter of 2024. The firm noted that the loss was mainly owing to non-cash fair value changes in derivative liabilities—$413.7 million related to…
Key Takeaways Leading Bitcoin miner TeraWulf reported $34.4 million in revenue for Q1 2025, marking a 19% year-over-year drop as the company faced multiple operational headwinds. The decline was largely attributed to the April 2024 Bitcoin halving, which cut mining…
Key Takeaways The Planning Commission of Vilonia, Arkansas, has unanimously rejected a proposal to establish a crypto mining facility within city limits, following weeks of vocal opposition from residents. The vote marks the latest instance of local resistance to the…
Key Takeaways The Arkansas Senate’s City, County and Local Affairs Committee recently rejected a bill that aimed to prohibit crypto mining operations within a 30-mile radius of military facilities in the state. The proposed legislation, Senate Bill 60, was voted…
Key Takeaways Russia has announced a regional ban on crypto mining, set to commence on January 1, 2025. The ban, which will last for six years until March 15, 2031, was introduced as part of legislation signed by President Vladimir…
Key Takeaways On November 25, Chief U.S. District Judge Kristine Baker issued a temporary restraining order (TRO) blocking the enforcement of two Arkansas laws targeting foreign ownership of digital asset mining operations and property. The laws, Act 636 of 2023…
Key Takeaways A group of residents from Granbury, Texas, has filed a class-action lawsuit against Marathon Digital Holdings, a leading Bitcoin mining company, accusing it of creating unbearable noise pollution that has disrupted their daily lives. The lawsuit, filed on…
Key Takeaways Chinese Bitcoin miners continue to dominate the global Bitcoin network, maintaining over 55% of the network’s total hash power despite the country’s ban on cryptocurrency activities. While U.S. mining pools account for 40% of the hash power, China’s…
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