Global #Bitcoin mining

Unlike previous Bitcoin halving events, the fourth halving saw a distinct change. While miners now receive reduced block subsidy rewards from 6.25 BTC to 3.125 BTC, they still earn additional rewards from transaction fees per block.

Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, aged 39, appeared in court for the first time following their arrest in Tallinn, Estonia in November 2022. They are accused of multiple criminal charges linked to their alleged involvement in a large-scale cryptocurrency fraud.

In a surprising development within the Bitcoin mining realm, a notable decrease in Bitcoin's mining difficulty has opened doors for more cost-effective miners to secure a greater share of the market.

Despite the prolonged duration of this process, even the most vocal critics of the cryptocurrency market have begun to participate, especially during the 'crypto winter'. However, 2024 has emerged as the year of institutional adoption of cryptocurrencies.

According to Reuters, El Salvador has utilized the geothermal energy from the Tecapa volcano to mine 473.5 Bitcoin (BTC) over the past three years.

Marathon Digital, a Bitcoin mining firm, encountered operational hurdles but managed to achieve record financial results in the first quarter of 2024.