Search

Nalezeno "US miners": 1987

Russian Crypto Miners Blamed for Siberia Power Outages

26.1.2024
Russian power providers say crypto miners are to blame for “mass” electricity outages during recent cold snaps. Per Interfax, Rosseti Siberia, the local branch of the state-run power provider Rosseti, “recorded an increase in the volume of illegal mining at the end of 2023 in a number of regions...

Russia Mulls Cryptocurrency Mining Disconnection Proposal

25.1.2024
Cryptocurrency miners might be disconnected for up to 500 hours per year in Russia, according to a proposal supported by the State Duma Energy Committee to tackle the energy deficit in some regions. The initiative would be an alternative to introducing special tariffs directed to miners that would...

Russian Crypto Miners Fume at Moscow’s Plans to Raise Their Electricity Tariffs

25.1.2024
Russia’s biggest crypto mining industry association has hit out at Moscow’s plans to increase electricity tariffs for miners. The Ministry of Energy wants miners to fork out between two and five times more than they currently pay. As mining is not yet classified as a state-recognized form...

Do Bitcoin ETFs Kill the Bull Case for Crypto Equities?

24.1.2024
The days of rising crypto prices lifting all boats, including mining stocks, may be gone. But it still looks like being a good year for digital assets, says Alex Tapscott

BlockDAG coin miners take the spotlight as Avalanche fuels Memes and Pepe Coin soars 40%: The latest crypto news

22.1.2024
Have you ever expected Avalanche (AVAX) to help out memes? Well, that’s happening now, so hold on to discover more. Speaking of memes, why don’t we seize the chance and take a tour with Pepe Coin (PEPE) to discover if it’s really about to go up by 40%? But it’s not a complete tour without …

Mining Digital Gold — These Are the Most Profitable Proof-of-Work Algorithms in 2024

21.1.2024
In September 2022, Bitcoin’s SHA256 algorithm ranked as the seventh most lucrative proof-of-work (PoW) network for mining. Fast forward a year and four months, and this algorithm has ascended to become the third most profitable crypto network for mining operations. 2022 to 2024 Sees...

Bitcoin Network’s Mining Difficulty Drops 3.9% to 70.34 Trillion, Easing Miner Workload Amid Texas Cold Snap

20.1.2024
On Saturday, the Bitcoin network experienced its first difficulty reduction of the year, witnessing a 3.9% decrease at block height 826,560. As a result, the network’s mining difficulty now stands at 70.34 trillion, with the next adjustment anticipated on Feb. 4, 2024. Bitcoin Difficulty...

Heightened Bitcoin Fees and Erratic Mining Revenues Herald Murky Shift as Halving Nears

20.1.2024
Recent statistics reveal that for the past 75 days, starting from Nov. 6, 2023, the average transaction fee on the Bitcoin network has consistently stayed over $5. Additionally, since Dec. 4, 2023, these fees have predominantly been over $10, with a single exception occurring when it briefly fell...

BlockDAG Network allows earning 75K BDAG daily with new miners as Bitcoin Mining picks up pace in hopes of a 192% surge

18.1.2024
January 2024 has brought new hopes for the altcoin community, with Bitcoin (BTC) maintaining its influence over the market. Bitcoin miners have also excelled in their efforts to get more of the BTC as the Bitcoin halving event is set to happen in Q2 of 2024. The crypto market is expected to boom...

Bitcoin Hash Rate Plunges Ahead of Anticipated Halving Event – Here’s the Latest

18.1.2024
The Bitcoin (BTC) hash rate experienced a significant drop of 34% as a result of a sudden freeze in Texas, causing some miners to scale back their operations due to the strain on the state’s energy grid. The development comes at a crucial time, with the anticipated halving event, where...

Bitcoin Miners Curtail Operations During Texas Winter Storm

18.1.2024
Everything is bigger in Texas – including the weather. In recent years, The Lone Star State has seen dramatic weather related events, including overly hot summers and unusually cold winters. For instance, an arctic blast hit Texas in February 2021, leaving many Texans literally out in the cold....

Blackout Fears as Russia’s Dagestan Energy Provider Begs Crypto Miners to Turn off Rigs

18.1.2024
Source: Tatyana Olina/Adobe The state-run power provider in the Russian republic of Dagestan has asked crypto miners to turn off their rigs this winter to avoid power outages and blackouts. In a Telegram post politely addressed to operators of “mining farms,” Dagenergo asked miners...

Bitcoin Miners Sell 10,600 BTC, Worth $455.8M in Crypto Renaissance

17.1.2024
Source: AdobeStock The world’s largest cryptocurrency by market cap, Bitcoin, is experiencing a massive selloff from none other than its miners. ???? #Bitcoin Miners in Selling Mode: Recent on-chain data from @cryptoquant_com indicates a substantial increase in selling activity by #BTC miners....

Bitcoin Price Prediction as Miners’ Sell-Off Intensifies – Is a Further Drop Inevitable?

16.1.2024
In recent developments, Bitcoin price prediction turned bearish as  the Bitcoin Miners’ Position Index (MPI) witnessed a remarkable surge, reaching 9.43 on January 12. This significant increase has sparked interest and concern among cryptocurrency investors and enthusiasts. The rising...

Bitcoin’s Ordinal Inscriptions Soar Beyond 55 Million, Achieving Third Highest Daily Record

16.1.2024
Following the weekend, the tally of Ordinal inscriptions on the Bitcoin blockchain surpassed 55 million. Notably, on Jan. 13, 2024, the blockchain witnessed its third-highest day of inscriptions, settling an impressive 477,751 inscription-based transactions on Saturday. Additionally, from...

Leading Crypto Miners Riot, TeraWulf, CleanSpark Brace for 2024 Bitcoin Halving

16.1.2024
Leading cryptocurrency miners are bracing themselves for the challenges ahead as the mining industry prepares for a major transformation with the 2024 Bitcoin (BTC) halving event. Asset manager CoinShares analysis suggests that Riot (NASDAQ: RIOT), TeraWulf (NASDAQ: WULF), and CleanSpark...

Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks

13.1.2024
Although spot Bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the market closed on Friday. For instance, Marathon Digital Holdings’ shares...