Okay, let's be real. So when I first got wind of Eric Trump being involved in a $220 million Bitcoin play, my brain did a full-on spit take. Crypto and Trump in the same sentence? It’s like trying to combine oil and water, or perhaps, just perhaps, trying to combine...
A 7.5% decrease in Bitcoin mining difficulty – the largest in nearly two years. It sounds like good news, right? More profitability for miners, less energy consumption. What if this apparently encouraging increase is a cause for concern? If not, it would be a sign of worse, more systemic issues...
Okay, let's cut to the chase. In case you haven’t been following, there was a record bitcoin mining difficulty adjustment that just took place. That’s the largest drop since China kicked all the miners out. 7.5% down – that's huge. Some are panicking. I'm seeing something else: a blinking, neon...
The Bitcoin network evolves in real-time to ensure the viability and protection of its ecosystem. One of the most important mechanisms to do so is the mining difficulty adjustment. For the first time in two years, Bitcoin’s mining difficulty just saw a big decrease. This article will break down what...
Bitcoin mining difficulty just had a major 7.5% drop on Sunday — the biggest negative adjustment since July 2021. This decline occurred at block height 903,168. This was largely due to mining sites throughout the U.S.—especially in Texas—suspending operations because of early summer heatwaves. This change comes on the heels...
No one is doubting that IREN hitting 50 EH/s is an impressive accomplishment. Their reported $41,000 all-in cost per Bitcoin? Eye-catching. But hold on, before we all start popping the champagne. That number can start to look like a badge of honor. Instead, it shows the extent of existing vulnerabilities...
IREN Limited surpassed 50 EH/s mining capacity recently, an incredible milestone in and of itself. 50x growth in 30 months? In fact, that’s not merely a climb, it’s a freakin’ rocket launch. They’re even getting it mostly right, claiming very low production costs of only $41,000 to produce each Bitcoin....
The Bitcoin mining landscape is a razor thin competitive arena where efficiency, scale, and real cost management are key. Today, IREN is the driving force of the Congolese mining industry. To date, they have built out a remarkable 50 EH/s of mining capacity, with an equally impressive $41,000 Bitcoin production...
As a vertically diversified data center company, IREN seems to have made it to a critical inflection point. Their mission is to sustainably power Bitcoin mining, AI, and other high-performance computing applications with 100% renewable energy. The company’s techno-economic based Bitcoin mining strategy saw it achieve a sizable enterprise capacity...
(Insert compelling image here: Juxtapose a beautiful shot of Seneca Lake with a grimmer image of the Greenridge facility. Imagine a two-minute video capturing the beauty of the lake, and interviewing residents worried about their drinking water.Picture this—having to turn on your tap, only to not know if the water...
