The Bitcoin mining difficulty dipped slightly recently, and while some are cheering a possible breather for smaller players, I'm seeing red flags. Are we doing a good job of fully appreciating what this small change is actually all about? It's not all sunshine and rainbows, folks. In truth, this may...
Sentinum is one of several fast-growing players in the Bitcoin mining industry. They created an ambitious corporate goal of achieving a $41 million annual Bitcoin mining run rate. As you can see, this projection is based almost entirely on Bitcoin reaching a price of at least $108,000. This year’s estimate...
Hyperscale Data, Inc. is a diversified holding company listed on the NYSE American under GPUS. Its wholly owned subsidiary, Sentinum, Inc., is on track to reach a high margin $41 million annual Bitcoin mining run rate. This projection assumes a Bitcoin price of around $108,000. Sentinum is doubling the size...
Russian authorities have shut down one of the most unique illegal cryptocurrency mining operations ever seen—one that was hidden inside a KamAZ truck—located in Buryatia. Our covert operation had been stealing power from an adjacent community—wreaking havoc on the place’s grid. This marks the sixth documented case of electricity theft...
A KamAZ truck, loaded with 95 mining rigs, illegally draining power from a 10-kilovolt line in Buryatia. This may sound like the plot line of a terrible action movie, but it’s true. And it’s a lot more than an eccentric-niche news brief. The crypto gold rush has had unintended consequences,...
The world of cryptocurrency and blockchain technology is full of promise. One another such rising worry, though, is illegal crypto mining — especially where energy is cheap. For the past few years Russia has experienced an upsurge of these operations often resulting in severe environmental, social and economic repercussions. This...
Alright, a portable crypto mine stuffed into a KamAZ truck in Russia. As absurd as it may seem, this bona fide proposition sounds like something pulled directly from a terrible action-movie script. Rather than write it off as unadulterated foolishness, let’s stop and think. Might this strange action provide us...
Pakistan has allocated 2,000 megawatts of electricity for the establishment of bitcoin and AI data centers. The announcement, made by the nation's finance division, signals a major push towards digital transformation, as Pakistan seeks to leverage emerging technologies to bolster its struggling economy. This initiative—the Digital Pakistan Initiative—seeks to bring...
France is set to take an even bolder step. Put aside the old tropes of Bitcoin as an energy glutton. French legislators recently tabled a proposal for a thorough analysis of how Bitcoin mining can best serve to improve their national energy grid. I'm not talking small tweaks, folks. This...
France, a major producer and exporter of electricity in Europe, is contemplating tapping into the potential of Bitcoin mining to smoothen its power grid. As a nation largely dependent on nuclear power, Japan creates frequent electricity surpluses as a result of its nuclear-heavy energy infrastructure. In France, lawmakers have introduced...
