Tag: miners
Kazakh crypto miners plead with President to cut energy prices
In Kazakhstan, the world’s third-largest market in terms of Bitcoin mining hash rate, the local crypto-mining operators are complaining about the high [...]
3 reasons why Bitcoin miners are selling BTC — and why it’s not capitulation
Crypto analysts, traders and anonymous influencer Bitcoin pundits on X (formerly known as Twitter) frequently interpret what Bitcoin miners do with th [...]
Bitcoin miners double down on efficiency and renewable energy at the World Digital Mining Summit
Bitmain rolled out its next generation Antminer S21 and S21 Hydro ASIC miners at the World Digital Mining Summit in Hong Kong on Sept 22, revealing th [...]
How Bitcoin miners can survive a hostile market — and the 2024 halving
Only seven months remain before the next Bitcoin (BTC) halving in April 2024. It happens approximately every four years and is a deflationary process [...]
Chamber of Digital Commerce launches Digital Power Network miners’ coalition
Cryptocurrency miners have a new voice in Washington with the launch of the Digital Power Network (DPN), a new coalition affiliated with the Chamber o [...]
Bitcoin Miners HUT, MARA, RIOT Rally as BTC Retakes $27K
At press time, bitcoin was holding at $27,300, up 3.1% over the past 24 hours. Coming later this week is a rate-setting meeting for the U.S. Federal R [...]
Bitcoin miners seek alternative energy sources to cut costs
During the 2021 bull market, many large mining companies took on massive loans to buy equipment and the proper infrastructure required to mine cryptoc [...]
Micro $3 Bitcoin miners won’t make bank, but that’s not the point: Inventors
While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inv [...]
U.S. Crypto Tax Proposal Lets Miners off the Hook, Snares ‘Some’ Decentralized Exchanges
The Treasury Department published a nearly 300-page proposed rule on Friday in response to the 2021 Infrastructure Investment and Jobs Act saying cent [...]
Dropbox ditches unlimited storage offering, blaming crypto cloud miners
The online storage platform Dropbox has binned its unlimited storage plan after discovering some of its users were using the service for resource-inte [...]
Crypto Miners Such as HIVE, RIOT Are Looking to Diversify Into Artificial Intelligence (AI): JPMorgan
Bitcoin (BTC) miners are moving into new business areas, including offering high performance computing (HPC) services to the fast growing artificial i [...]
Blockstream plans $50M raise to buy miners
Blockchain technology firm Blockstream is looking to raise up to $50 million to purchase and store mining equipment that it perceives to be undervalue [...]
Futurama’s latest reboot takes aim at Bitcoin miners
The animated science fiction cartoon series Futurama, which was created long before Bitcoin (BTC) was even a gleam in Satoshi Nakamoto’s eye, poked fu [...]
RIOT, MARA,HUT Are Among BTC Miners Likely to Benefit From a Growing Hashrate, Bitcoin Halving: Bernstein
Four – Riot (RIOT), Marathon Digital (MARA), Hut 8 (HUT) and Hive Digital (HIVE) – hold bitcoin on their balance sheet. This allows these firms to wai [...]
Bitcoin miners need BTC price over $98K by the halving — Analysis
Predictions that Bitcoin (BTC) will see a six-figure price by the end of next year continue to surface despite BTC price losing the $30,000 level in r [...]