Block Reward Mining

Hut 8 shuts down Alberta site amid surging power costs
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12 March, 2024

Hut 8 shuts down Alberta site amid surging power costs

Hut 8 cited rising electricity costs and constant power disruptions as reasons for the closure, relocating its rigs to another...
Proof of Work in Bitcoin: No floating point number used
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28 February, 2024

Proof of Work in Bitcoin: No floating point number used

In this article, sCrypt shares how Proof of Work (PoW) works in Bitcoin, explaining that its core process involves finding...
Ethiopia inks $250M deal with Hong Kong firm for BTC mining: report
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21 February, 2024

Ethiopia inks $250M deal with Hong Kong firm for BTC mining: report

Ethiopian Investment Holdings has signed the deal with Hong Kong’s West Data Group for data mining and AI, but an...
China’s BTC miners flock to Ethiopia for cheap power, ideal climate
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15 February, 2024

China’s BTC miners flock to Ethiopia for cheap power, ideal climate

Ethiopia is close to completing the construction of Africa’s largest dam, making power cheaper than ever, and Chinese miners are...
The next era of mining
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30 January, 2024

The next era of mining

The time to consider upgrading your mining hardware is now. The S21 and S19 K Pro Antminers offer an opportunity...
Struggling miner Hut 8 pushes back on short-seller’s pump-and-dump claims
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25 January, 2024

Struggling miner Hut 8 pushes back on short-seller’s pump-and-dump claims

A report from a short-selling firm claims Hut 8 is setting its investors up for a pump-and-dump event, which the...
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