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How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 2
13.10.2024
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 3, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng follows up on her first...
How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 1
13.10.2024
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng explores how bitcoin miners...
Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW
11.10.2024
Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using mid-generation machines due to their low power...
Bitcoin Shatters All-Time Hashrate Record at 698 EH/s as Miners Defy Market Challenges
10.10.2024
According to the latest network data, bitcoin’s computational power hit an all-time peak today on Oct. 10, 2024, reaching 698 exahash per second (EH/s). This new record surpasses the previous high of 693 EH/s, set on Sept. 8. Bitcoin’s Hashrate Skyrockets to 698 EH/s as Miners Surge Ahead...
Bitcoin Miners at a Crossroads: Gain Market Share or Go All-In on AI?
8.10.2024
The top 4 miners by market cap all beat their monthly production numbers
Bitcoin miners show mixed performance in September amid market volatility
7.10.2024
While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency
Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners
3.10.2024
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...
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...
China still controls 55% of Bitcoin hashrate despite crypto ban
23.9.2024
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021
China still controls 55% of Bitcoin hashrate despite crypto ban
23.9.2024
China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021
Bitcoin Miners Riot and Bitfarms Reach Settlement Ahead of Shareholder Meeting
23.9.2024
Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23, 2024. The agreement, which was filed with the U.S. Securities and Exchange Commission (SEC), comes ahead of Bitfarms’ special shareholder meeting on Nov. 6, 2024....
The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles
21.9.2024
Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in...
Bitcoin outperformed nearly every asset class in past year — VanEck
20.9.2024
VanEck expects Bitcoin’s long-term bull market to continue, but miners are struggling
Bitcoin outperformed nearly every asset class in past year: VanEck
20.9.2024
VanEck expects Bitcoin’s long-term bull market to continue, but miners are struggling
Bitcoin miner wallets awaken after over 15 years — Is this Satoshi?
20.9.2024
Five miner wallets that received block rewards weeks after Bitcoin's launch started moving their tokens.
Mining New Bitcoin Is More Difficult Than Ever. Here's How it Could Impact BTC Prices
12.9.2024
The next difficulty adjustment is expected to decrease mining difficulty, potentially relieving some pressure on miners. But market sentiment and broader financial conditions could influence bitcoin's price, with possible selling pressure if the overall market weakens
Bitcoin’s All-Time High Difficulty Challenges Miners as Revenue Falls
11.9.2024
On Sept. 10, Bitcoin’s mining difficulty rose 3.58% higher bringing the network’s difficulty to a new all-time high of 92.67 trillion. The news follows Bitcoin’s overall hashrate rising near the 700 exahash per second (EH/s) range when it tapped 693 EH/s. Rising Bitcoin...
Fractal Bitcoin: good or bad for mining revenues?
5.9.2024
August 2024 represented the worst month for Bitcoin mining revenue since September 2023, with $827.56 million in fees generated
Bitcoin Mining Profitability Is Stuck at Record Lows, JPMorgan Says
4.9.2024
Miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record, the report said