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Nalezeno "Bitcoin (BTC) mining": 53

Bitcoin Miners’ June Revenue Dips Slightly Below May


The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second (PH/s) of hashpower, decreased from $57 per PH/s to the current $48. Bitcoin...

Argentina Energy Provider Seals New Bitcoin Mining Deal


Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia. The post Argentina Energy Provider Seals New Bitcoin Mining Deal appeared first on Cryptonews

BitRiver – Bitcoin Mining More Profitable in Russia Than US


The head of Russia’s biggest crypto mining firm says that Bitcoin (BTC) mining is more profitable in his country than in the United States – and that halving will only heighten the discrepancy. Per RBC, Igor Runets, the Founder and CEO of BitRiver, said the difference would likely become more...

Bitcoin Mining Using Sustainable Energy With a Record High of 54.5% in 2023


Sustainable energy use for Bitcoin (BTC) mining reached an all-time high of 54.5% in 2023, a 3.6% increase throughout the calendar year. The analysis, conducted by The Bitcoin ESG Forecast, compared Bitcoin’s sustainable energy mix to other industries using publicly available data over...

Cipher Mining Boosts Capacity with 16,700 New Bitcoin Miners


Source: Adobe / Photocreo Bednarek Prominent Bitcoin (BTC) mining firm Cipher Mining has acquired 16,700 new mining rigs, aiming to position itself as one of the leading players in the industry following the anticipated Bitcoin halving event in April.  The company plans to install these...

Indonesian Authorities Raid Ten Crypto Mining Facilities for Energy Theft


Source: AdobeStock / Photocreo Bednarek Indonesian authorities crack down on ten Bitcoin (BTC) mining sites for stealing energy from the national grid to power mining operations in the country. According to reports from local media outlets, the government moved in on ten crypto mining sites whose...

Student by Day, Crypto Miner by Night: NYU Undergrad’s $6 Million Empire


Source: AdobeStock / LIGHTFIELD STUDIOS Jerry Yu is a 23-year-old student at New York University. He’s also the majority owner of a Bitcoin (BTC) mining farm in the US, fighting legal battles and various allegations. Yu, a Chinese national and US resident, is what the Chinese call...

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