Category: Bitcoin Mining

An Open Letter to President Biden Regarding Bitcoin Mining

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Mr. President, leveraging the potential of bitcoin mining to accelerate the transition to a renewable-powered, efficient, and interconnected energy grid presents a remarkable opportunity for our nation’s energy future. By providing incentives that encourage miners to use renewable energy sources and invest in sustainable practices, we can create a win-win situation for both the environment […]

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Marathon Digital (MARA) Mined 77% More Bitcoin (BTC) in May With the Help of Its Software

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Marathon in the previous month produced markedly little bitcoin per exahash, which can be partly attributed to downtime of its mining machines. In April, Marathon mined 50 bitcoin per exahash of computing power, the least out of 14 publicly listed miners. In comparison, during April, peer CleanSpark (CLSK) mined 78 bitcoin, Riot Platforms (RIOT) had […]

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USBTC Aims to Become Bitcoin (BTC) Mining Giant After Deal to Buy Celsius Assets

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Under the Celsius deal, USBTC will enter into one or more operating and services agreements to be the “exclusive operator” of the Celsius mining fleet, the miner said. On top of that, USBTC will receive a $15 million annual management fee for the mining assets, net of operating expenses, for the five years it will […]

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