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Bitcoin Mining

Bitcoin miners are devouring electricity at record pace during crypto rally

Since February 2023, 13 of the top mining companies have placed orders for over $1 billion worth of specialized computers, according to data compiled by TheMinerMag based on public filings

Bitcoin miners are devouring electricity at record pace during crypto rally
Updated On : 09 Mar 2024 | 8:38 PM IST

Bitcoin hits two-year peak breaking over $68,000, gains 50% in 2024

There's definitely something of an irrational behaviour creeping into the market," said Kyle Rodda, senior markets analyst at Capital.com

Bitcoin hits two-year peak breaking over $68,000, gains 50% in 2024
Updated On : 08 Mar 2024 | 10:43 AM IST

What is cryptocurrency mining?

Companies take the primary market route to raise funds. And, in the process, new securities are created. But, ever wondered how new cryptocurrencies are generated? We answer this in this segment

What is cryptocurrency mining?
Updated On : 01 Nov 2022 | 8:23 AM IST

Govts, companies own 8% of all Bitcoins worth $46 bn in the world: Report

The governments and companies own close to 8 per cent of all Bitcoin in the world, roughly 1 million Bitcoin (BTC) worth $45 billion, and Bulgaria is the major holder of it, a report said

Govts, companies own 8% of all Bitcoins worth $46 bn in the world: Report
Updated On : 26 May 2022 | 4:20 PM IST

Amid 40% fall in price, Bitcoin could be laid low by miners' malady

The hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second

Amid 40% fall in price, Bitcoin could be laid low by miners' malady
Updated On : 22 Feb 2022 | 1:55 PM IST

Bitcoin miners eye N-power as environmental criticism mounts

Firms aim to bring advanced fission to energy-intensive process of minting new coins, diversify energy sources used by miners

Bitcoin miners eye N-power as environmental criticism mounts
Updated On : 26 Sep 2021 | 11:45 PM IST

Bitcoin mining generates tonnes of e-waste every year, says study

Bitcoin mining generates as much as 30.7 metric kilotonnes of e-waste every year as of May 2021 which is comparable to small IT equipment waste produced by countries like the Netherlands

Bitcoin mining generates tonnes of e-waste every year, says study
Updated On : 21 Sep 2021 | 9:51 AM IST

Bitcoin nosedives as China expands crackdown on cryptocurrency mining

The price of bitcoin has nosedived after fresh reports emerged that China has expanded its crackdown on the mining of cryptocurrencies.

Bitcoin nosedives as China expands crackdown on cryptocurrency mining
Updated On : 22 Jun 2021 | 1:56 PM IST

China's crypto crackdown speeds shift to central Asia, North America mining

China's central government vowed to clamp down on bitcoin mining and trading

China's crypto crackdown speeds shift to central Asia, North America mining
Updated On : 26 May 2021 | 6:00 PM IST

Explained: The rise and rise of Bitcoin; India investment rules

In this edition of the podcast, we will breakdown the meaning of bitcoin for you and will rewind its stupendous rally

Explained: The rise and rise of Bitcoin; India investment rules
Updated On : 09 Feb 2021 | 5:19 PM IST

Is your smart fridge mining bitcoin for criminals? A guide to cryptojacking

Industry experts first noted crypto-jacking as a threat in 2017

Is your smart fridge mining bitcoin for criminals? A guide to cryptojacking
Updated On : 29 Jun 2018 | 9:07 PM IST

Why mining rig company Canaan is planning $2 bn IPO in wobbly bitcoin world

Bitcoin prices have fallen 40 percent this year, hurting margins for miners

Why mining rig company Canaan is planning $2 bn IPO in wobbly bitcoin world
Updated On : 22 May 2018 | 6:49 AM IST

Amid Bitcoin mania, how browser-based cryptomining is back from the dead

Browser-based mining is a process of cryptocurrency mining that occurs in a browser and implemented using cryptomining software and script

Amid Bitcoin mania, how browser-based cryptomining is back from the dead
Updated On : 27 Dec 2017 | 5:04 PM IST

How coal is fuelling Bitcoin's meteoric rise

The global industry's power use already may equal 3 million US homes, topping the individual consumption of 159 countries

How coal is fuelling Bitcoin's meteoric rise
Updated On : 16 Dec 2017 | 11:15 PM IST