Mining

Analysts at H.C. Wainwright expressed confidence that Ben Gagnon’s appointment has alleviated a major concern regarding the stock. On July 8, Bitfarms announced the appointment of Ben Gagnon as CEO,…

Bitcoin mining difficulty dropped significantly by 7.8% on June 5, 2024, reaching levels not seen since before the halving event in April. This marks the largest difficulty drop since the collapse of…

Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the possible outcomes of the war that…

Canadian Bitcoin mining company HIVE Digital has released a June financial report, revealing it has increased its reserves to 2,503 BTC stored on the balance sheet. HIVE Digital Technologies, the…

Bitcoin mining was more profitable in June than May, the report said. Jefferies cut its Marathon Digital price target to $22 from $24. The bank also reduced its price target for Argo Blockchain ADRs…

Bitcoin (BTC) mining saw an increase in profitability in June compared to May, according to a research report from investment bank Jefferies. Bitcoin Mining Profitability Rises in June This increase…

The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a…

Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for operating underground.…

The cost of producing a Bitcoin is taking a toll on Bitcoin miners whose machines are struggling to yield profits due to the flagship digital asset’s price difficulties. According to data platform…

Argentina becomes attractive for Bitcoin mining due to lower energy costs and favorable tax conditions in Zapala. Joint venture between Brazilian and Argentine companies launches a sustainable…