Tag: Bitcoin Mining

Bitcoin mining is not as profitable as many earlier projected it to be considering the erratic moves in the mining difficulty

Bitcoin mining profitability rose in June compared to May, thanks to a 2% gain in the BTC's price and a 5% decrease in network hashrate.

Riot Platforms capitalized on power credits, earning $6.2 million in June as a part of the company’s strategy to optimize its operations.

Bitcoin miner Bitfarms reported a 21% rise in BTC production in June, despite an aggressive acquisition effort from competitor Riot Platforms.

Bitdeer, a Bitcoin mining firm, has announced a significant expansion of its operations through a strategic lease agreement

Hashrate Futures, trading under the ticker HUP and offered by Luxor and Bitnomial, represent a novel financial instrument.

Marathon Digital CEO Fred Thiel is excited to team up with the Kenyan government to further develop the country’s renewable energy sector.

South American nation Venezuela is cracking down on crypto mining engagements as it noted plans to save the power grid

US President Joe Biden aims to rescind MineOne's property rights due to potential threats to the United States' national security.

Bitcoin network has recorded the largest drop in mining difficulty since December 2022, a trend proving more profitable for miners

Q1 2024 was particularly eventful for Core Scientific. The company emerged from bankruptcy and it's shares resumed trading on the Nasdaq. 

American coal miner Alliance Resource Partners has revealed it has stated mining Bitcoin with surplus electricity

The reward for solving block 841,286 was recently halved from 6.25 BTC to 3.125 BTC during the Bitcoin halving at block 840,000 on April 20.

Block announced the completion of the development of a three-nanometer chip specifically designed for BTC mining.

Two top Executives of mining machine producer Canaan are betting on the future of the company with $2 million share purchase

Bitcoin mining difficulty has grown to record highs as more miners are plugging into the network, raising the hashrate

While China and Iceland have long been synonymous with crypto mining, the tide is turning towards South America and Africa.

The coming Bitcoin Halving event has triggered an unusual trend with the migration of mining equipment to position for the supply crunch