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Browsing Category
Mining
Bitcoin Miners Weathering ‘Identity Crisis’ as Some Eye AI and Acquisitions
Bitcoin mining firms sized each other up at Bitcoin 2024 in Nashville late last week, as a post-halving stretch continues to put pressure on firms' established business models. While some…
Foundry announces non-profit initiative to support Bitcoin developers
Foundry is launching a new program that allows miners to contribute a part of their mined coins to Bitcoin developers. Bitcoin (BTC) mining firm Foundry said in a Tuesday press release that it wants…
Iris Energy Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord
Canaccord raised its Iris Energy share-price target to $15 from $12. The bitcoin miner has ample power supplies and high-performance computing options, the report said. Iris can monetize the…
Solo Bitcoin Miner Beats the Odds, Bagging $200K Reward
A lone-wolf Bitcoin miner hit the jackpot today by processing a block on the biggest cryptocurrency’s network. The block contained 4,365 transactions and was processed at 12:43pm ET on Wednesday. The…
MicroBT Unveils New WhatsMiner M6XS+ Series at Bitcoin 2024 Conference
MicroBT, a leading innovator in the Bitcoin mining industry, unveiled its latest WhatsMiner M6XS+ series during the Bitcoin 2024 conference in Nashville, TN. The new series, featuring air-cooling,…
Are PoS networks really more expensive to attack than PoW?
Is it more expensive to attack a Proof-of-Stake (PoS) network compared to a Proof-of-Work (PoW) one? BitMEX’s latest report digs into this debate, challenging the idea that PoS systems are harder to…
Auradine Ships 3nm Teraflux Bitcoin Mining Platform
Auradine has begun shipping its new Teraflux 2800 series bitcoin mining platforms. The company claims these systems, built with 3-nanometer (nm) silicon application-specific integrated circuit (ASIC)…
Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein
Bernstein said bitcoin miners have upside from the power portfolios they control. Miners that focus on an active power strategy and efficiency are more likely to see a valuation rerating, the report…
Bitcoin Mining Profitability Surges: Relief for BTC Miners Amid Price Hike and Network Adjustments
Bitcoin’s mining profitability has recently seen a significant uptick, providing much-needed relief to BTC miners. Various factors have contributed to this surge in profitability, including the…
Russia’s Crypto Mining ‘Legalization’ Bills Could Be Approved ‘This Week’
Russia may legalize industrial crypto mining by the end of the week, media outlets in the nation have claimed. Interfax reported that the State Duma passed a third reading of a draft law that would…