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Thai Authorities Raid Illegal Bitcoin Mine After Power Outages Spark Resident Complaints
26.8.2024
Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the occupants of the house were not fully paying for. Bitcoin...
Satoshi VS physics: How quantum Bitcoin miners could make ASIC obsolete
23.8.2024
Quantum rigs might pose a bigger threat to blockchains than quantum decryption
Satoshi vs physics: How quantum Bitcoin miners could make ASIC obsolete
23.8.2024
Quantum rigs might pose a bigger threat to blockchains than quantum decryption
Satoshi vs physics: How quantum Bitcoin miners could make ASIC obsolete
23.8.2024
Quantum rigs might pose a bigger threat to blockchains than quantum decryption
Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says
23.8.2024
The Wall Street bank updated its models and price targets for the miners to account for second quarter results and changes in the price of bitcoin and the network hashrate
Bitcoin avg transaction fee rises 937.7% in 24 hours
23.8.2024
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users
Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
23.8.2024
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
U.S.-Listed Bitcoin Miners Have the Upper Hand Over Unlisted Peers: Bernstein
20.8.2024
The ability to raise debt or equity in the world's deepest capital markets is a major advantage, the report said
3 reasons why Bitcoin won’t be ‘boring’ in September
20.8.2024
While Bitcoin failed to close above the $60K psychological level on the weekly chart, the long-term holders (LTHs) continue to adopt a bullish strategy in 2024
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
18.8.2024
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days....
Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck
18.8.2024
Bitcoin miners could increase profitability and improve "bad balance sheets" by allocating some of their energy capacity to the AI and HPC sectors, according to VanEck
Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable
15.8.2024
Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as they face diminishing profit margins and rising operational difficulties....
Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits
15.8.2024
With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much...
AI may already use more power than Bitcoin — and it threatens Bitcoin mining
14.8.2024
AI may already consume more power than Bitcoin mining, and its deep pockets mean miners face stiff competition for equipment and electricity
Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright
14.8.2024
The broker upgraded the bitcoin miner's shares to buy from sell and raised its price target on the stock to $13.50 from $7.50
Michael Saylor Urges Bitcoin Miners to Adopt New Strategy
13.8.2024
Michael Saylor, the CEO of MicroStrategy, has urged Bitcoin miners to change their approach to boost their revenues.…
Bitcoin miners record lowest daily revenue of 2024
12.8.2024
Bitcoin miners' daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
31.7.2024
Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant. This recovery is attributed to improved revenues, which have led to a reduction in selling pressure from miners. Miners Hold Steady:...
Hashrate recovery reduces Bitcoin miners’ selling pressure in July
31.7.2024
Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners’ reserves
Bitcoin Miners Have Considerable Upside From Their Power Portfolios: Bernstein
25.7.2024
Investors can benefit by valuing miners’ assets as efficient power shells with data center capabilities, as opposed to just bitcoin mining operations, the report said