Cryptocurrency Mining

Estonian nationals Sergei Potapenko and Ivan Turogin have agreed to surrender all claims to digital assets seized by US authorities as part of their plea agreement. To date, $350 million has already been returned to victims.

Pi Network will launch its Open Network on 20 February 2025, ending its Enclosed Mainnet phase. With 10.14 million migrations and 19 million verified Pioneers, this transition unlocks Pi’s ecosystem for real-world use, enabling integration with other compliant systems.

A solo Bitcoin miner successfully mined block 883,181 and earned 3.158 BTC, worth about $310,000, despite the tough competition from large mining operations. Experts believe the miner used CKPOOL or a Bitaxe device, highlighting the rare but possible success of solo mining.

A Coinbase executive analysed Bitcoin’s early transactions and found links between Satoshi Nakamoto’s wallets and a Canadian exchange. His research suggests Satoshi’s last on-chain activity was in 2014, and Kraken may hold data revealing their identity.

Bitcoin miners are struggling to maintain their monthly production as the mining difficulty-measured by the computational power required to validate BTC transactions and generate new blocks-continues to increase.

Russia’s Ministry of Energy has announced plans to establish a mandatory registry for crypto mining equipment, requiring all mining operations to register their hardware, according to a report from state-owned news agency TASS.

The January Arctic blast has brought the Bitcoin mining process to come to a chilling halt, after Bitcoin miners in the state of Texas find themselves faced with the painful decision to temporarily shutdown their mining farm. The cold weather isn't just causing discomfort for residents-it is also wreaking havoc on Texas's energy grid.

More than 60 tenants and shop owners found themselves faced with millions of dollars of debt after their homes were used by tenants as illegal Bitcoin mining grounds. In a press conference yesterday, the Gopeng MP Tan Kar Hing revealed that their service centres had received more than 60 of such reports. Each of these claims received ranges from RM30,000 to RM1.2 million.

Bitcoin has hit a new all-time high of $109,000, driven by optimism ahead of President-elect Trump’s 20 January inauguration. As speculation grows over potential crypto-friendly policies, the question remains—can Bitcoin sustain its momentum and climb even higher?

Bitcoin’s mining difficulty has hit an all-time high of 110.45 trillion, making it harder to mine new blocks. Meanwhile, mining revenue has dropped nearly 20%, signaling economic pressure on miners.