Marathon Mines $15M in Kaspa Tokens
Marathon, a Bitcoin mining company, has expanded its mining operations to include the layer 1 protocol Kaspa in order to increase its revenue.
Paraguay Authorities Seize 2,738 Crypto Miners
A property with 2,738 units dedicated to crypto mining in Salto del Guairá, Paraguay, was recently confiscated by the National Electricity Administration (ANDE) after an investigation revealed unauthorized power connection in the area.
Bitcoin Mining Difficulty Rises by 1.5%
Following a recent adjustment, the difficulty level for mining the first cryptocurrency increased by 1.48% to 84.38 T.
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.
