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September Slump: Bitcoin Miners See 2024’s Lowest Revenue
1.10.2024
According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul. Bitcoin Miners Earn $815.7M in September, Lowest Monthly Total of 2024 September was a tough...
Bitcoin Mining Profitability Fell for Third Straight Month in September: JPMorgan
1.10.2024
Daily block reward gross profit fell to the lowest "on recent record" last month, the report said
Bitcoin miner claims judge, prosecutor, targeted firm with noise laws
1.10.2024
Bitcoin mining firm NewRays alleges that Judge Allen Dodson, prosecuting attorney Phil Murphy, selectively enforced noise legislation to target its business.
Proton Management Says Swan Bitcoin ‘Does Not Have Mining Business of Its Own’
1.10.2024
Response to Swan’s lawsuit says that the mining company at the center of the controversy was only minority-owned by the company, and not a full-fledged subsidiary
Hive Digital expands focus from crypto mining to AI data centers
30.9.2024
Hive’s strategy targets meeting the rising demand for AI computing while boosting its balance sheet with green-mined Bitcoin
X Empire Features on NYC Times Square as Mining Ends Today!
30.9.2024
X Empire is making waves as it announces the end of its mining phase, with the news displayed…
Bitcoin maximalist paradox: BTC adoption threatening founding principles
30.9.2024
As Bitcoin becomes more institutionalized, some argue that it is losing ties to its founding principles of decentralization.
Bitcoin maximalist paradox: BTC adoption threatening founding principles
30.9.2024
As Bitcoin becomes more institutionalized, some argue that it is losing ties to its founding principles of decentralization.
Bitcoin maximalist paradox: BTC adoption threatening founding principles
30.9.2024
As Bitcoin becomes more institutionalized, some argue that it is losing ties to its founding principles of decentralization.
Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month
29.9.2024
Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last four days alone. Hashprice Jumps Nearly 9% in 4 Days: Bitcoin Miners Catch a Break as September Nears End On Aug. 29, 2024...
7 confusing crypto terms (almost) nobody understands
28.9.2024
The crypto world is full of technical terms, some of which are so difficult that almost no one understands them
7 confusing crypto terms (almost) nobody understands
28.9.2024
The crypto world is full of technical terms, some of which are so difficult that almost no one understands them
Swan Bitcoin Claims Ex-Employees 'Stole' its Mining Business at Tether’s Direction
27.9.2024
Swan Bitcoin has filed suit against a group of former employees and consultants, alleging that they “hatched and executed a ‘rain and hellfire’ plan” to steal its lucrative bitcoin mining business with the help of Tether, Swan Bitcoin’s one-time ally and fundraising partner
Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business
27.9.2024
A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton...
Swan Bitcoin sues ex-staff over ‘rain and hellfire’ plan to steal mining biz
27.9.2024
Swan Bitcoin has accused several former employees of “stealing the crown jewels” from its Bitcoin mining business to create a “counterfeit competitor.”
Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs
26.9.2024
Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in a Chicago-based tier-three data center, for an artificial intelligence...
The key misunderstanding with China's purported BTC hashrate dominance
26.9.2024
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%
Bitdeer Completes Testing of SEAL02 Bitcoin Mining Chip
26.9.2024
Bitdeer Technologies Group has successfully completed prototype testing for its SEAL02 bitcoin mining chip, marking a pivotal advancement in the company’s technological development. The chip exhibited a power efficiency ratio of 13.5 joules per terahash (J/T) when operated in low-voltage mode,...
Hut 8 launches GPU-as-a-service program for AI developers
26.9.2024
The cryptocurrency mining company now has 1,000 Nvidia GPUs available
Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages
26.9.2024
Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the power grid and public safety. Underground mining operations have caused recent infrastructure damage, including a substation fire. Officials call for stricter measures to address...