Search
US Bitcoin ETFs bought 6x more than BTC miners produced last week
5.5.2025
Spot Bitcoin exchange-traded funds (ETFs) in the United States bought up nearly six times as many Bitcoin as were produced by miners over the last week.The US-based Bitcoin (BTC) funds bought a whopping 18,644 Bitcoin over the past week when only 3,150 BTC were mined for the period, reported asset...
Chart of the Week: 'Dire Picture' for BTC Miners as Revenue Flatlines Near Record Low
20.4.2025
Despite bitcoin trading around $84,000, miner revenue has decreased due to the recent halving event and rising operational costs
BTC miners adopted ‘treasury strategy,’ diversified business in 2024: Report
7.1.2025
In 2024, the combined market capitalization of public Bitcoin mining companies reached $50 billion for the first time
BTC miners adopted ‘treasury strategy,’ diversified business in 2024: Report
7.1.2025
In 2024, the combined market capitalization of public Bitcoin mining companies reached $50 billion for the first time
BTC miners adopted ‘treasury strategy,’ diversified business in 2024: Report
7.1.2025
In 2024, the combined market capitalization of public Bitcoin mining companies reached $50 billion for the first time
CleanSpark to raise $550M via bond, not buy BTC with proceeds
13.12.2024
CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds
CleanSpark to raise $550M via bond, not buy BTC with proceeds
13.12.2024
CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds
BTC miners are ideal energy consumers, but regulators need to catch up — Hive
4.10.2024
According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems
BTC Miners Increase Earnings With Fractal Bitcoin Mining
22.9.2024
According to the latest data, the blockchain network Fractal Bitcoin continues to capture around 226 exahash per second (EH/s) of Bitcoin’s hashrate via merged mining. Additionally, Fractal Bitcoin’s native crypto asset, FB, achieved an all-time high (ATH) last week but has since...
TeraWulf launches new Bitcoin mining facility, eyes major tech partnership
29.8.2024
TeraWulf claims to be the most profitable miner on a per-share basis, with an average production cost of $40,000 per Bitcoin
Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall
23.8.2024
On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per transaction by 7 p.m. EDT. Data collected from the day’s blocks revealed that a few fortunate...
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
4.7.2024
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily...
Bitcoin ‘cascading long squeeze’ to blame for slump to $60K
25.6.2024
An increasing number of traders entering new long positions was the ‘fuel’ behind Bitcoin’s slump to $60,000, according to a Bitcoin analyst Willy Woo
Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
17.6.2024
As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted
Bitcoin breaks 18-month hashrate uptrend. Are BTC miners capitulating?
14.6.2024
Despite the drop in hash rate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000
Paraguay Gov’t Looks to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’
20.5.2024
The government of Paraguay will ask lawmakers to approve a bill that proposes jailing illegal Bitcoin (BTC) miners for up to 10 years.
The post Paraguay Gov’t Looks to Jail Illegal Bitcoin Miners for ‘Up to 10 Years’ appeared first on Cryptonews
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
18.5.2024
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes...
Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise
16.5.2024
According to the seven-day simple moving average (SMA) statistics regarding Bitcoin’s hashrate, the network hashrate has stayed below the 600 exahash per second (EH/s) mark for approximately one week. The recent rise in bitcoin’s price has positively influenced the overall hashprice...
Bitfarms Fires CEO Geoffrey Morphy Following $27 Million Lawsuit
13.5.2024
Bitfarms has ousted its CEO Geoffrey Morphy after he filed a $27 million lawsuit against the Bitcoin miner, the Toronto-based firm announced Monday. News of Morphy's ousting comes amidst decreased Bitcoin production values for public crypto mining companies following last month's halving event.
The...
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value
1.5.2024
In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56...