El Salvador Mines 474 BTC in 3 Years
Since 2021, El Salvador has produced 473.5 BTC, valued at approximately $29 million, through a state-owned geothermal power plant utilizing volcanic energy, according to Reuters.
Bitfarms Fires its CEO
Toronto-based Bitcoin mining company Bitfarms terminated CEO Geoffrey Morphy with immediate effect on Monday.
Bitcoin Mining Difficulty Falls by Almost 6%
On Thursday, Bitcoin mining difficulty fell to 83.1 trillion, a decrease of 5.7%, making it the biggest negative adjustment in almost 18 months.
Marathon Digital Mined 2,811 Bitcoins in Q1 2024
In the first quarter of this year, Marathon Digital reported that it mined 2,811 Bitcoin, which is equivalent to $176 million based on current prices, as stated in their earnings report.
Bitcoin Mining Difficulty Reaches a New Record High
On Wednesday, the Bitcoin mining difficulty saw a 3.9% increase, reaching a new all-time high in the final adjustment before the halving, expected to occur on April 20.
Marathon CEO Says BTC Halving Already Included in Crypto Price
The upcoming halving of Bitcoin’s rewards for miners has already been taken into account to some extent in the current upward trend.
Paraguay to Temporarily Ban Crypto Mining
Paraguay’s legislators have put forth a proposal to temporarily prohibit crypto mining and associated activities in the country.
