It’s no secret that the Bitcoin mining industry is currently going through—and deserves—a harsh come-to-Jesus moment. Transaction fees, which were once a juicy complement to block rewards, are hitting three-year lows. Despite Bitcoin’s current price hovering around $104,648, miners are making less money. The halving had just taken a heavy...
AgriFORCE Growing Systems recently opened a bitcoin mining operation in Alberta, Canada that uses flared gas as an energy source. Among other components, the company’s project features real-time emissions tracking and a telemetry system. AgriFORCE plans to expand the site by another 200 kW. Their track record With this move,...
Let’s face it, the Bitcoin mining space is becoming saturated. And now everyone and their grandmother apparently are opening offices in pursuit of those delicious sweet, sweet satoshis. So, when a small-cap agriculture and tech firm like AgriFORCE (AGRI) announces they're diving into the flared gas bitcoin mining business, the...
Vinanz Limited ambitiously expanding its Bitcoin mining operations in North America. This rapid development is matched by a new injection of £3.579 million in new capital, and it’s definitely turning heads. Is this really a shrewd play for future supremacy, or a reckless wager in a short-fuse free-for-all? Let's dissect...
Vinanz has closed their Series A funding round at £3.5 million. This savvy acquisition will give them greater footing among North America’s booming Bitcoin mining industry. This capital infusion arrives at a critical time for the Bitcoin mining industry. It is under assault by the march of technological progress, economic...
Okay, let's talk Bitcoin mining. We’ve all been listening to the rumors, the hype, the panic. But Vinanz’s recently completed £3.579 million funding round to expand into North America? That changes the game, potentially. Forget about the quiet, incremental growth — this is a huge change, a tectonic plate moving...
QFSCOIN, the first U.S. regulated, compliant cloud mining company, has announced a ground-breaking new service. Today, users can mine Bitcoin, Litecoin and Dogecoin through the power of the cloud without the expensive Bitcoin mining hardware investment. Incorporated in Minnesota in 2019, QFSCOIN runs data centers throughout the United States, Canada,...
You can get involved in Bitcoin using two major avenues—Bitcoin ETFs (Exchange Traded Funds) and Bitcoin cloud mining services. QFSCOIN offers one viable solution for cloud mining. Both of these approaches provide you exposure to Bitcoin, but they operate on very different bases. They vary with respect to their accessibility,...
Per TheMinerMag’s recent report, Bitcoin mining costs suddenly increased by 9%. Though this increase may not seem like much, consider the fact that as of press time Bitcoin was priced at about $107,000. Let's not be lulled into complacency. This isn’t just a matter of arithmetic; it’s about recognizing the...
Bitcoin mining, the backbone of the decentralized cryptocurrency network, is facing a significant challenge: rising production costs. With energy prices spiking and competition to attract miners catching fire, the miners are now getting pinched, and investors will need to pay close attention to what that means. In this article, we...
