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Browsing Category
Mining
Miners Eye Middle East as Next Region for Growth
The Biden Administration's proposed 30% tax on electricity use for digital asset mining operations is raising concerns among crypto miners that they could be priced out of operating in the U.S. market…
From BTC to HPC: Miners signal evolving focus after the halving
Bitcoin miners have spoken after the halving. Many have said they are looking to wade deeper into the high-performance computing (HPC) space in a world of lower BTC rewards. HPC proved an oft-heard…
Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise
According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week.…
Biden Order to Halt China-Tied Bitcoin Mine Beside Nuke Base Came as U.S. Firm Just Bought it
CleanSpark had just finished hailing the benefits of its purchase of a Wyoming crypto-mining site when the White House declared that the current operation was a national security threat that must be…
DePIN is a lifeline for Bitcoin miners, says Livepeer CEO
Bitcoin (BTC) miners might turn to the DePIN ecosystem to turn mining facilities profitable after the latest halving cut block rewards to 3.125 BTC, shared Livepeer CEO Doug Petkanics with Crypto…
Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy:…
Hut 8 owns more than 9,100 bitcoin giving it a large amount of capital for future projects, the report said. Craig-Hallum upgraded the stock to buy from hold with an unchanged $12 price target. The…
Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming
It is no secret that the bitcoin mining industry is being battle-tested in the wake of the fourth halving. Hash price (revenue per terrahash) has reached historic lows as bitcoin’s block subsidy has…
Bitcoin Hashrate Decline Signals Miner Capitulation After 4th Halving
One month after Bitcoin’s fourth halving event, analysts are closely monitoring Bitcoin hashrate as a key indicator of miner sentiment. Recent observations suggest a noteworthy decline in hashrate.…
El Salvador mines nearly 474 Bitcoin using volcanic geothermal power
El Salvador has mined 473.5 Bitcoin (BTC) over the past three years using the geothermal power of the Tecapa volcano, Reuters reported today. Based on Bitcoin’s current price, this amount has…
Bitcoin Miner Bitfarms Enhances Paraguay Facility With New 100 MW Hydropower Deal
On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq and Toronto Stock Exchange (TSX), announced it has secured an additional 100 megawatts (MW) of power from Paraguay’s state-owned…