Bitcoin mining is like a digital treasure hunt. Equipped with powerful computers, miners search for a 64-digit hexadecimal code known as a hash, which represents a block of transactions.
Role of Data Centers and Rented Computing Power Data centers handle the heavy lifting—performing the mining process using large-scale hardware setups. As a user, you simply rent a portion of their ...
Share Bitcoin mining difficulty hits a new all-time of 95.7 trillion, reflecting a 3.9% increase. The Bitcoin hash rate level has also climbed to a record seven-day moving average of almost 724 EH/s.
Bitcoin miner Hut 8 forecasts its self-mining hash rate will increase by 66% around the first quarter of 2025 after agreeing to buy 31,145 Bitmain Antminers S21+ machines. Hut 8 agreed to pay $15 ...