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Browsing Category
Mining
Critical Number Revealed for Bitcoin: Miners Start Losing Money If BTC Falls Below This Number
In a new report, CoinShares offers important insights into the economics of Bitcoin (BTC) mining, which is evolving following the network’s 2024 halving and hashrate increase. According to CoinShares,…
Cleanspark Nears Approval for Tennessee Bitcoin Mining Facility
Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations of the site and energy arrangements.…
After Nearly 100 EH/s Exodus, Block Times Stretch to 10:34—What’s Next for Bitcoin Miners?
Over the past week, data reveals that the Bitcoin blockchain has witnessed the departure of nearly 100 exahash per second (EH/s) of hashrate. Much of that exodus unfolded after difficulty climbed to…
LAPD Seizes Stolen Bitcoin Miners Worth $2.7 Million in Cargo Theft Investigation
Los Angeles Police Department Detectives recovered more than $3.9 million in stolen goods—including Bitcoin miners worth $2.7 million—after tracking a cargo theft ring to a San Pedro, CA warehouse.…
Riot Platforms Secures $100M Bitcoin-Backed Credit Line From Coinbase
Bitcoin (BTC) miner Riot Platforms (RIOT) has struck a $100 million credit agreement with Coinbase’s credit arm, using bitcoin as collateral to secure short-term funding for its ongoing expansion. The…
3 new Russian regions seek to ban crypto mining, over a dozen have imposed restrictions
Russian regions where crypto mining is partially or fully prohibited are likely to grow in number with another three asking for Moscow’s permission to adopt a ban. A government commission is going to…
Galaxy , CoreWeave Expand Alliance With Data Center Expansion
Galaxy Digital (GLXY) said it deepened its strategic partnership with CoreWeave (CRWV), reinforcing its ambitions in the fast-growing artificial intelligence (AI) and high-performance computing (HPC)…
Bitcoin Mining Game ‘Miner Wars’ Expands With New Features
GoMining’s Bitcoin mining game Miner Wars bolstered its feature suite on Tuesday with the addition of newcomer-friendly “welcome packs” and a “clan leagues” feature for competitive players, boosting…
Pakistan turns to BTC mining with excess electricity
Pakistan has become the latest country to explore block reward mining with excess electricity amid an economic crisis that has shrunken power demand in the South Asian nation. The new initiative is…
Bitcoin miners face mounting pressure from equipment tariffs and ETF demand: Bitwise
With import levies as high as 46% and capital flowing to low-risk Bitcoin exposure via ETFs, miners are confronting a tightening squeeze on both cost and funding fronts. Bitcoin (BTC) miners in the…