Search
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
6.9.2024
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs
TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
13.8.2024
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue
TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
13.8.2024
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue
Marathon Digital Reports Increase in Hashrate, Holds 18,536 BTC
3.7.2024
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The company’s operational hashrate increased slightly, and its bitcoin holdings reached 18,536 BTC. Marathon Digital Reports June 2024 Bitcoin Production In June 2024...
Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
2.7.2024
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase
Halving full effect: Bitfarms crypto mining revenue falls 42% in May
4.6.2024
The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in Bitcoin production
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...
Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving
7.5.2024
Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following the halving event.
The post Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving appeared first on Cryptonews
Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts
1.4.2024
Bitfarms reported a slight dip in its Bitcoin (BTC) production for March 2024, as it produced 286 BTC, reflecting a decrease of 5% from February and 33% year-over-year.
The post Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts appeared first on Cryptonews
Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts
1.4.2024
Bitfarms reported a slight dip in its Bitcoin (BTC) production for March 2024, as it produced 286 BTC, reflecting a decrease of 5% from February and 33% year-over-year.
The post Bitfarms Reports Slight Dip in Bitcoin Production for March 2024 Despite Expansion Efforts appeared first on Cryptonews
BlackRock Buys Over 13 Days of Bitcoin Production: A Sign of Supply Shortage?
15.1.2024
In its recent entry into the spot Bitcoin exchange-traded fund (ETF) market, BlackRock has purchased over 11,400 Bitcoins, prompting speculation of supply issues. According to InvestAnswers, BlackRock bought 11,439 Bitcoins following the official launch of their spot Bitcoin ETF. This amount...
Marathon Digital Reports $97.5 Million Revenues in Q3 2023 With Massive Surge in Bitcoin Production
9.11.2023
Source: AdobeStock / Photocreo Bednarek Marathon Digital Holdings, a prominent Bitcoin mining company, has announced a remarkable financial performance in the third quarter of 2023. The company reported a substantial 670% year-on-year increase in profit, primarily driven by a nearly five-fold rise...
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
9.11.2023
Marathon announced a 467% increase in Bitcoin production year-on-year in the third quarter, while hashrate rose over 400% in the same timeframe
Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September
5.10.2023
Marathon Digital, in particular, produced 1,232 Bitcoin in September, which accounted for a record 4.3% share of Bitcoin miner rewards
Bitcoin production growth and capital strategy guiding Marathon Digital: CEO
19.5.2023
In an exclusive interview with Cointelegraph at the Bitcoin Conference, Marathon Digital CEO's Fred Thiel spoke about the mining company's response to the bear market
Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1
5.4.2023
With a new quarterly production record, Marathon Digital is now on track to meet its mid-year target of 23 exahashes
Argo increases Bitcoin production despite BTC difficulty growth
7.3.2023
Argo’s daily Bitcoin production rate in February surged 7% despite a 10% month-over-month increase in average network difficulty
Public miners increased Bitcoin production, hash rate in January
12.2.2023
Core Scientific, Riot, and CleanSpark led the way in increasing Bitcoin production in January helped by better weather conditions and stable electricity prices
Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
2.12.2022
While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s) after dropping below...
Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY
9.8.2022
Marathon Digital, one of the biggest mining companies in the Bitcoin ecosystem, has posted its financial results corresponding to the second quarter of the year. The company revealed that even having increased its production by 8% when compared to Q2 2021, it recorded an impairment of $127.6...