Bitcoin Mining

Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain network. It involves powerful computers solving complex mathematical problems to secure the Bitcoin network and maintain its decentralized nature. Individuals, companies, and even specialized mining pools participate in this process, known as miners. These miners play a crucial role in ensuring the integrity and security of the Bitcoin network. As the number of bitcoins in circulation is limited, mining also serves as a means of distributing new bitcoins. Miners are rewarded with newly minted bitcoins for their computational efforts and the energy they contribute to the network. Bitcoin mining has evolved over time, with the advent of more efficient hardware and the rise of mining farms. These farms, often operated by companies, leverage economies of scale to maximize their mining capabilities. Additionally, mining protocols and algorithms have been developed to adapt to the increasing computational power and maintain the network's stability. Crypto exchanges facilitate the trading of bitcoins, allowing miners to convert their earned bitcoins into traditional currencies or other cryptocurrencies. This dynamic ecosystem of people, companies, protocols, and blockchain networks collectively contribute to the functioning and growth of Bitcoin and the broader cryptocurrency market.


Finanzas

Bitcoin Miner Hut 8 Shares Slide as CEO Departs Weeks After Short-Seller Report

Former CEO Jamie Leverton is succeeded by president Asher Genoot.

Jaime Leverton (Hut 8)

Opinión

The U.S. Government Seems to Be Closing in on Bitcoin Mining

A Department of Energy survey to collect data about crypto's energy consumption could be used to justify the stance that blockchain poses a “public harm.”

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Regulación

U.S. Drilling Down on Crypto Miners' Energy Use Draws Ire From Community

The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.

(Jacob Lund/Shutterstock)

Finanzas

Celsius' Bitcoin Mining Assets to Restart as New Firm Prepares to Go Public

The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).

Ionic's CEO Matt Prusak (Ionic Digital)

Finanzas

Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing

GRIID commenced trading on the Nasdaq Global Market on Monday under the ticker symbol "GRDI" while continuing to trade on Cboe Canada under the same ticker.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)