#BitcoinMining

In a surprising move for the crypto sector, the mining firm Marathon Digital announced a $100 million injection to purchase BTC. This initiative highlights the company’s solidity and the confidence of its leadership in the future of the crypto market. The company affirms that it is resuming its total Bitcoin holding strategy. This strategy means…

Hypothetically, mining 1 Bitcoin could take around 10 minutes. This is because a new block is added to the Bitcoin blockchain, releasing the associated block reward, approximately every 10 minutes. However, in reality, mining 1 Bitcoin in a reasonable timeframe requires a substantial investment in ASIC miners. Currently, the Bitcoin block reward stands at 3.25…

Paraguay has taken the initiative to sell surplus hydro-energy to Bitcoin miners, boosting economic growth while balancing the need for regulatory oversight to effectively manage the sector. Paraguay has made a significant step in leveraging its abundant hydro-energy resources to support Bitcoin mining, aligning this move with its broader economic development strategy. The country’s decision…

In a groundbreaking move, Genesis Digital Assets Limited (GDA), a powerhouse in global Bitcoin mining, has forged a strategic alliance with YPF Luz, a branch of Argentina’s national energy firm YPF. The collaboration has given rise to a cutting-edge Bitcoin mining facility in Rincón de Los Sauces, Neuquén province. This facility is engineered to convert…