Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis

Key TakeawaysTlaola police followed strange noises and power use and found 300 GPU miners humming away deep in Puebla’s jungle.Reuters says the 300-GPU setup tapped hydro power, hinting...

Key TakeawaysGrayscale estimates Zcash rewards at twice Bitcoin’s daily rewards per rig.Zcash mining activity has increased more than 2.5 times this year.Electricity, equipment, and operating costs shape actual...

Bitcoin’s August price recovery coincided with a sharp improvement in mining revenue, but the network is preparing to reclaim part of that gain.A mempool.space difficulty reading preserved at...

Key TakeawaysBitdeer added 65.1 MW in Malaysia, lifting secured AI Cloud capacity to 206.5 MW.The shift shows bitcoin miners chasing steadier AI revenue from existing power infrastructure.Bitdeer targets...