Bit Mining has purchased 27,191 solana ( SOL) tokens and launched its first Solana network validator, marking a significant step in its strategic shift towards the ecosystem. New Validator Marks Bit Mining’s Deeper Solana Push The company told Cryptox.trade News that it spent approximately $4.89 million to acquire the solana ( SOL), establishing what it […] Source CryptoX Portal
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Blockchain intelligence firm Arkham has revealed that the Chinese mining pool Lubian was the target of a sophisticated 2020 cyberattack in which hackers stole 127,426 bitcoin. A Timeline of the Attack Blockchain intelligence firm Arkham has said their on-chain analysis points to the Chinese mining pool Lubian as the victim of a sophisticated cyberattack in […] Original
Key Notes Bitcoin mining difficulty surged 9% in July while MARA’s energized hashrate improved 3% to 58.9 EH/s despite lower output. MARA maintains 50,639 BTC treasury position, ranking as second-largest publicly traded Bitcoin holder globally. Stock trades at $15.90 with 7% annual decline, underperforming broader markets amid mining profitability concerns. MARA Holdings, Inc. (NASDAQ: MARA) reported a modest decrease in Bitcoin production for July 2025, underscoring ongoing operational headwinds tied to network difficulty and seasonal mining curtailment. The company produced 703 bitcoins in July, marking a 1% decline from June’s…
Key Notes Bitcoin mining difficulty has reached an all-time high of 127.6 trillion. Miner earnings hit a post-halving high of $52.63 million per exahash. Miner outflows have dropped nearly 49%, indicating strong holding sentiment. The Bitcoin BTC $114 969 24h volatility: 1.0% Market cap: $2.29 T Vol. 24h: $28.65 B mining difficulty climbed to a record high of 127.6 trillion this week, making it harder than ever to mine new BTC. Miners now need more computing power to solve the puzzles required to validate transactions and earn rewards. However, a…
Rassemblement National (RN), a French political party, is reportedly pushing to mine Bitcoin using surplus energy from nuclear power plants, signaling a shift from its leader’s previous anti-crypto stance. French newspaper outlet Le Monde reported last week that RN leader and three-time presidential candidate Marine Le Pen now backs idle nuclear energy for Bitcoin (BTC) mining. She reportedly promoted the plan during a visit to the Flamanville nuclear plant on March 11. The party said the initiative will turn wasted electricity into “secure and extremely profitable” digital assets. According to…
Members of France’s National Rally have championed Bitcoin mining as a way to monetize France’s surplus nuclear electricity. According to French media outlet Le Monde, far-right lawmakers have positioned Bitcoin mining as a practical solution to longstanding energy and economic… Original
Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The revenue funds strategic infrastructure development, expanding transmission lines, […] Original
Eight days ago, the network hit a peak of 943 exahash per second (EH/s). Since that high point on July 26, roughly 44.8 EH/s has vanished. Bitcoin Hashprice Falls 11.65% in 30 Days Hashrate has dipped 4.75% over the past eight days, slipping below the 900 EH/s threshold. As of Aug. 3, it’s hovering at […] Original
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…