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Mining
Post halving, Bitcoin miners are choosing between hodling BTC and upgrading to AI
After the Bitcoin halving took place in April, major Bitcoin miners have increasingly started choosing one of two strategies — either hodl the BTC they mine or gear up with artificial intelligence…
Bitcoin Mining vs. AI Hosting: The Unexpected Parallels Unveiled
Bitcoin miners and artificial intelligence (AI) cloud providers, along with high-performance computing (HPC) operators, share an unexpected bond in their quest for computing muscle. As the…
October Boosts Bitcoin Miners’ Revenue—But How Will the Election Shift the Market?
With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network’s hashprice, which represents the value of one petahash…
Bitcoin hashprice surges to two-month high, buoying miners
Bitcoin’s hashprice has risen to a two-month high, exceeding $50 for the first time since mid-August, according to data from Hashrate Index. On Oct. 17, the hashprice hit $53.64, marking its highest…
U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan
JPMorgan said the combined hashrate of the publicly listed bitcoin mining stocks it tracks now accounts for a record 28.9% of the network hashrate. The bank noted that the network hashrate has risen…
NiceHash Launches World’s First Firmware for Antminer Kaspa ASICs
Founded in 2014, NiceHash is one of the most recognized names in the cryptocurrency industry. As a bitcoin-focused platform, NiceHash provides a complete ecosystem of mining, hashrate, and payment…
How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 2
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 3, 2024, it…
Bitcoin Mining Profitability Fell in September, Jefferies Says
Bitcoin mining profitability dropped in September, the bank said. Jefferies said October could be a harder month for the sector as the hashrate has risen 11%, more than offsetting the 5% increase in…
From Hydro to Solar: UAE’s Rise as a Global Bitcoin Mining Contender
With 4% of the global Bitcoin mining capacity currently possessed by the UAE, nations like the US, China, and Russia face significant competition. To reduce the cost of mining Bitcoin, the UAE is…
Mayor of Rockdale says Bitcoin mining saved the town’s economy
Rockdale, a small town in Texas, went through an economic disaster in 2008. The Alcoa aluminum plant, once the largest employer in town, shut down due to rising energy costs and new regulations. The…