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The government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically since early 2023,” the crypto intelligence firm explained. Bhutan Revealed as a Major … Read more
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second. … Read more
On August 23, the China-based firm Bitmain Technologies revealed the company’s latest mining device, the Antminer S9 Hydro. The newly manufactured rig is a water-cooled SHA256 miner that commands a hashrate of around 18 trillion hashes per second (TH/s). Also read: Innosilicon’s T2-Turbo Bitcoin Miner is Powerful, But GMO’s B3 is Still the Champ The Antminer … Read more
In a recent interview, Daumantas Dvilinskas, the founder and chief executive officer of Transfergo, a U.K.-based remittance firm that processes 1 million transactions each year on average, discussed the company’s decision to launch a cryptocurrency trading facility. Also Read: Bitcoin Mining News: Brookstone to Build Wind Farm in Morocco, Québec Increases Rates Transfergo Launches Cryptocurrency Trading … Read more
