Tag: Mining

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Bitcoin (BTC) Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners

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

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

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

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

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

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

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 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

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

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 [...]
Swan Bitcoin Claims Ex-Employees ‘Stole’ its Mining Business at Tether’s Direction

Swan Bitcoin Claims Ex-Employees ‘Stole’ its Mining Business at Tether’s Direction

With the tacit blessing of Tether, as well as an alleged agreement to provide “legal cover” for the coup, Swan claims, in mid-July Zagary began to “so [...]
Bitcoin (BTC) Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows

Bitcoin (BTC) Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows

Consistent with this pattern, bitcoin has already shown signs of recovery, gaining about $9,000 since the local bottom on Sept. 6, representing a 15% [...]
Russia Moves Closer to Finalizing Crypto Mining Tax Rules – FX Leaders

Russia Moves Closer to Finalizing Crypto Mining Tax Rules – FX Leaders

Russia Moves Closer to Finalizing Crypto Mining Tax Rules  FX Leaders news.google.com [...]
Bitcoin Mining Projects Pocket Bhutan a Cool $780 Million

Bitcoin Mining Projects Pocket Bhutan a Cool $780 Million

Bhutan, which is smaller than Switzerland, has little economic diversification and nascent private sector development. It relies on hydropower, touris [...]
Bitcoin (BTC) Mining Profitability Remains at All Time Lows, JPMorgan (JPM) Says

Bitcoin (BTC) Mining Profitability Remains at All Time Lows, JPMorgan (JPM) Says

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