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Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner
10.7.2022
Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, even when the price is hovering around $20,000, a bitcoin miner with these attributes can still...
US dominates crypto ATMs installations and BTC hash rate worldwide
10.7.2022
With China out of the competition, the US picked up the slack to become the highest BTC hash rate contributor — representing 37.84% of the total mining power by Jan 2022
Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower
10.7.2022
Bitcoin’s hashrate has declined in recent times after reaching an all-time high on June 8, 2022, at block height 739,928. 30-day statistics show the hashrate has slipped from 243 exahash per second (EH/s) to today’s 178.44 EH/s, losing 26.56% during that time frame. After two drops...
Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits
9.7.2022
On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13 million ethereum locked into the Beacon Chain worth $15.8 billion using...
Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners
9.7.2022
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for government officials involved in mining....
Global GPU price drops to compensate for falling Bitcoin mining revenue
9.7.2022
The meteoric drop in GPU prices opened up a small window of opportunity for small-time miners to procure a piece of more powerful and efficient mining equipment
US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils
9.7.2022
U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto...
Stop Your Crypto Operations in Russia, Washington Tells Japanese Exchanges & Miners
9.7.2022
Washington wants Japanese regulators to convince domestic crypto exchanges and miners to cut all ties with Russia, per a new report.
The Financial Times claimed that American “diplomats” believe “several” Japanese crypto exchanges are “still running in Russia,” according to unnamed “people close...
Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate
8.7.2022
According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the research report on July 2, 2022. The OSTP official...
Crypto Biz: Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars
8.7.2022
As the search for an elusive Bitcoin bottom continues, at least one United States miner was forced to liquidate a portion of its holdings in June
Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility
8.7.2022
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider Broad Reach Power LLC. Broad Reach Power plans to supply battery power to Lancium’s Fort Stockton-based 25-megawatt facility and when the grid is swamped...
Blockchain.com's USD 270M Exposure to Three Arrows Capital + More News
8.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Blockchain.com's USD 270M Exposure to Three Arrows Capital + More News
Analysts Discuss 'Inherent Resilience' in Bitcoin & Crypto as Rally Fades
8.7.2022
Major cryptoassets gave back some of their previous gains in early European trading on Friday after a strong overnight session that briefly sent bitcoin (BTC) above the USD 22,000 mark, helped by improving risk sentiment on Wall Street on Thursday. Despite the losses in early trading, the coin...
Compass Mining retrenches 15% of staff, execs to take major pay-cuts
8.7.2022
Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn
Crypto Mining Stocks Bounce Amid Bitcoin Recovery
8.7.2022
Investors are likely feeling comfortable as bitcoin has stabilized over the past few days
Compass Mining Cuts 15% of Staff, Lowers Executive Compensation
7.7.2022
Compass Mining is reassessing its priorities after growing too quickly, the company said in a statement
Bitcoin miners sell their hodlings, and ASIC prices keep dropping — What’s next for the industry?
7.7.2022
Beset with multiple challenges, Bitcoin miners continue to liquidate their reserves, and a handful are selling more BTC per month than they make, but is there a silver lining?
Another miner cashes in: Argo Blockchain reports selling 637 BTC to pay debts
7.7.2022
Argo reported it had an outstanding balance of $22 million on a loan from Galaxy Digital, from which it secured BTC-backed loan agreements in 2021
Reddit Launches NFT Avatar Marketplace, New Gaming Investments + More News
7.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Reddit Launches NFT Avatar Marketplace, New Gaming Investments + More News
Coming to Texas: Riot Blockchain announces plans to move NY miners to Lone Star State
6.7.2022
Moving rigs from New York to Texas was part of Riot's effort to reduce the firm’s operating expenses through lower power costs and eliminate “all third-party hosting fees.”