Bitfarms Highlights for April 2022: * Paraguay’s production is at 6MW * Working on building several additional farms * Achieved milestone of surpassing 3.0 EH/s hash rate * Bitfarms accounts for a 1.3% share of global hash rate market Bitfarms recently released its April mining report with a review of

Over the weekend, Solana experienced its seventh shutdown in 2022. The blockchain recorded six shut downs in January, and this past weekend marks number seven. A tweet from user @YaelOss points out that the shutdown follows a remark from Solana’s co-founder about how BTC should have changed its consensus

Jack Dorsey, Michael Saylor, Fidelity, and others from the Bitcoin Mining Council (BMC) submitted an open-letter addressing environmental concerns to the United States Environmental Protection Agency.   The BMC letter is a direct response to claims made in a letter dated April 20, 2022, signed by Representative Jared Huffman and 22

An upgrade to the Bitcoin protocol is generating yet another controversy that threatens to split the chain. This time, the issue is BIP-119, a proposal to add the OP_CHECKTEMPLATEVERIFY opcode via a softfork. While the proposed change is generally uncontroversial, the consensus mechanism for accepting the change has catalyzed

On April 20th, 2022 Taiwan Semiconductor Manufacturing Company (TSMC) announced that they have recently raised $3.5 billion in bonds to grow their facility in Arizona. The company’s plant is still under construction to meet the world’s high and growing demand for electronics. TSMC is a major supplier

Tether and Bitfinex Chief Technology Officer (CTO) Paolo Ardoino is a full-stack developer and computer scientist. In 2014 he started working for Bitfinex as a senior software developer and was later promoted to Chief Technology Officer within his first two years of working for the company. Ardoino recently attended the

Core Scientific, who’s the world's largest publicly traded bitcoin mining company, has started to report its daily bitcoin production figures on its website to improve transparency.  According to Core Scientific CEO, Mike Levitt, in a press release, the reasoning behind reporting the daily figure is because it’

On April 14th, 2022 Taiwan Semiconductor Manufacturing Company (TSMC) announced on their quarterly earnings call that the company was able to hit their target of $7 billion in net profit and explained that there is still a high demand for electronics. However, Bitcoin and cryptocurrency mining was not mentioned during