Browsing Tag
Mining
466 posts
Bitmain-backed cloud mining company BitFuFu’s revenue up 150% in Q1
Bitcoin mining company BitFuFu has rolled out its financial report per Q1, showcasing a 150% increase in total…
Miners need a Bitcoin use case to stick | Opinion
Currently, Bitcoin mining’s profitability hinges on a temporary subsidy. Emerging technologies supporting steady Bitcoin use cases are required…
Venezuela cracks down on crypto mining to tackle energy crisis
Venezuela’s Ministry of Electric Power plans to cut off crypto-mining companies drawing power from the national power grid…
AntPool mines 7 consecutive blocks, ‘centralization trend’ continues
Antpool, the second-largest Bitcoin (BTC) mining pool, recently made headlines by successfully mining seven consecutive blocks on May…
As Bitcoin rebounds to $66k, short-term holders sell at ‘basically zero profit’
While large investors appear to demonstrate their interest in Bitcoin, the growth has yet to accelerate in order…
Biden blocks China-backed crypto mining firm from Wyoming
The United States government has ordered a Chinese-backed cryptocurrency mining company to stop constructing a mine in Wyoming.…
Bitcoin mining difficulty drops by 6%, lowest since December 2022
Bitcoin mining difficulty has dropped to its lowest level since December 2022.
Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production
Core Scientific reported a $210.7 million net income for the first quarter on May 8. The change represents…
What is a block reward?
Block rewards play an integral role in the tokenomics of a cryptocurrency. Read on to learn what is…
Mining firm Stronghold considering sale of company in latest financial report
Stronghold Digital Mining announced it is considering a sale or other strategic alternatives aimed at maximizing shareholder value.…
