Tag: Mining
Loka Launches Bitcoin {{BTC}} Mining Pool for Institutional Investors With Support From Hashlabs
“We’ve seen tremendous interest from larger investors seeking better ways to access bitcoin, and thanks to Hashlabs’ supply of hashrate and access to [...]
Iris Energy (IREN) Has Committed Most of Childress Site to Expansion of Bitcoin (BTC) Mining: Bernstein
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As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in
The following month, the Texas Blockchain Council (TBC), an industry group, and mining company Riot Platforms filed suit against the DOE, EIA, OMB and [...]
Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says
Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted.
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Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies
Marathon mined the most bitcoin in June, 590, though that was 4% fewer than in May. CleanSpark (CLSK) mined 445 tokens, an increase of 7%, the report [...]
Bitcoin Mining Rigs Chalk Up Losses as BTC Slumps to $54K
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Bitcoin Miner Marathon (MARA) Mined $15M Kaspa (KAS) Tokens to Diversify Revenue
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Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
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Bitcoin Whales Sold Over $1B BTC in Past Two Weeks: CryptoQuant
Since June 5, BTC prices have fallen from $71,000 to just over $65,000 as of Wednesday on a strong dollar, a flight away from riskier assets, and grow [...]
Bitcoin (BTC) Price Bounces to $67K with Mining Stocks HIVE, WULF, CAN Rallying; XRP Leads Altcoins
Bitcoin has been chopping sideways in a tight range below its all-time record prices since March, flushing out excess leverage in liquidation cascades [...]
Biden’s Proposed Nonsensical 30% Tax Would Kill Bitcoin Mining in the U.S.
The egregious mining tax, implemented despite the billions of dollars invested in the sector, is part of his budget proposal for the fiscal year 2025, [...]
Bitcoin Mining Stabilizes Power Grids Strained by AI Data Centers
To keep a power grid at the correct frequency, grid operators must “balance” the power grid by adjusting energy production to match user demand. This [...]
Texas’ Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
Speaking to the Texas Senate Business and Commerce Committee Wednesday, Pablo Vegas, the CEO of the Electric Reliability Council of Texas (ERCOT), whi [...]
Bitcoin (BTC) Selling By Miners Rises to Two-Month High
The prior day, miners sent more than 3,000 BTC ($209 million) to exchanges with the majority of that coming from the btc.com mining pool into Binance. [...]
Bitcoin (BTC) Mining Stocks Like Core Scientific and TeraWulf (WULF) Soar Amid M&A Frenzy
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