Precious metals and minerals mining articles
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US Coal Miner Uses Excess Power to Mine BTC; Earns 61 Coins in Q1 2024 – Mining Bitcoin News
Alliance Resource Partners (ARLP), a coal mining company in the U.S., recently disclosed its use of underutilized electricity loads for bitcoin mining. Cary Marshall, the company’s CFO, revealed that ARLP concluded the first quarter of 2024 with an approximate total of 425 bitcoins. Marshall also stated that during the first quarter, ARLP mined 61 bitcoins […]
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In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286 – Mining Bitcoin News
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging, with the network’s difficulty reaching an all-time high of 88.10 trillion. This complexity, coupled […]
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M23 rebels seize key smartphone mineral mining town in eastern Congo
A rebel group with alleged links to Rwanda this week seized Rubaya, a mining town in eastern Congo known for producing a key mineral used in smartphones, the group said Thursday in a statement. In a statement shared with The Associated Press, a spokesperson for the M23 rebel group said the town was "liberated." EASTERN CONGO AID GROUPS WARN OF NEW HUMANITARIAN CRISIS LINKED TO REBEL GROUP The Congolese army declined to comment on the situation. The decadeslong conflict in eastern Congo has...