Tag: Mining
The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
“I don't think the competition for power from AI facilities will significantly impact hashprice,” Mellerud said. “The Bitcoin mining network is a self [...]
Crypto Mining Companies Powered by Nuclear
As big tech searches for ways to meet its voracious energy demands and policymakers search for cleaner alternatives to secure energy independence, nuc [...]
Bitcoin (BTC) Mining Economics Improved in the First Half of November: JPMorgan
The hashprice, a measure of mining profitability, "increased 29% since the end of October as the BTC rally outpaced network hashrate growth and transa [...]
Jack Dorsey’s Square to Invest More on Bitcoin Mining, Self-Custody Wallet and Wind Down ‘Web5’ Unit TBD
Square is also focusing more on its self-custody wallet, Bitkey, which the company started shipping in March. At the time, the company said that Bitke [...]
Michael Novogratz's Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computer [...]
Bitcoin (BTC) Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners
Bitcoin’s hashrate hit a record high on a seven-day moving average of 755 EH/s last week. Hashrate is the computational power required to mine and pro [...]
Bitcoin (BTC) Mining Startup Promises Free Money to Renewable Energy Companies
This is where bitcoin mining, Marr realized, can provide a profitable solution. If a solar plant, or a wind farm, has the ability to convert, nearly i [...]
U.S. Treasury Clamps Down on Projects Near Military Bases, Such as Crypto Mining Sites
In May, Biden ordered the bitcoin mining facility near Warren Air Force Base to stop operations, citing a threat to national security as it uses forei [...]
Bitcoin (BTC) Mining Bans Can Backfire on Climate Conscious Governments: Exponential Science
Overall, mining bans would be more effective, from an environmental perspective, in countries such as China, Russia, and Malaysia, with Kazakhstan tak [...]
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
The network's monthly average hashrate surged to a record high, the report said.
www.coindesk.com [...]
BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
www.coindesk.com [...]
Bitcoin (BTC) Mining Difficulty Hits All-Time High as Hashrate Surges
From November 2023 to July 2024, we saw over 30,000 bitcoin leave miner wallets, one of the longest distribution periods from miners on record. Howeve [...]
Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners’ Share of the Network Peaks
Bitcoin mining is one of the hardest industries to stay profitable, due to it's capital intensive nature, on top of block rewards getting cut in half [...]
Bitcoin (BTC) Mining Profitability Fell in September, Jefferies Says
North American listed mining companies mined a larger share of bitcoin in September than August, and comprised 22.2% of the total network, up from 19. [...]
Utah Judge Rules SEC’s Case Against Alleged Crypto Mining Scam Green United Can Proceed to Trial
Green United’s founder, Will Thurston (who, along with promoter Kristoffer Krohn, is also named as a defendant in the lawsuit), allegedly used the mon [...]