Browsing Tag
Mining
509 posts
Analysts say Bitcoin’s hashrate surge will ‘smack miners’
Crypto mining analytics firm Hashrate Index says public Bitcoin miners are energizing their ASIC orders on schedule. Bitcoin…
Riot offers $950 million to buyout Bitfarms in hostile takeover amid CEO controversy
Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to…
Bitcoin miner Marathon partners with Kenya to capitalize on excess energy
Marathon Digital Holdings has partnered with Kenya to monetize underutilized energy. Marathon chairman and CEO Fred Thiel signed…
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.
