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From Record Hashrate to a 241% Onchain Fee Increase – Bitcoin Mining’s Big October Unpacked
2.11.2024
Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase. Bitcoin Mining’s October Comeback On Oct. 31, one petahash per second (PH/s) of computing power was valued at $54.52 per PH/s, the highest hashprice...
The US Election is Just Days Away: Which Party is Best for Bitcoin Mining Stocks?
2.11.2024
Ever wondered how U.S. presidential elections impact the stock market? We explore historical trends, stock market predictions, and Bitcoin price movements under different administrations. The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research,...
Inside Cleanspark’s Move to Boost Efficiency With 3,800 Immersion-Cooled Canaan Bitcoin Miners
1.11.2024
Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm. A New Deal Between Canaan and Cleanspark According to the announcement, the bitcoin miners, set to run at 249 terahash per second (TH/s)...
Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds
1.11.2024
The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction
Bitdeer Unveils Next-Gen Bitcoin Mining Machines Featuring Its Own Chip and Air and Hydro-Cooling Innovations
1.11.2024
Nasdaq-listed Bitdeer announced the launch of its second-generation Bitcoin mining machine, the SEALMINER A2 series, on October 31, 2024. The new machines feature a power efficiency ratio of 16.5J/TH, with the air-cooled model achieving a hashrate of 226TH/s and the hydro-cooled model reaching...
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
1.11.2024
The network's monthly average hashrate surged to a record high, the report said
Sazmining Brings Bitcoin Mining-Powered Sustainable Heating to a Norwegian Town
1.11.2024
Sazmining, a green Bitcoin mining company with operations in Wisconsin and Paraguay, aims to improve the heating business using mining as a key element. The company reported that it is currently working on substituting the traditional petrol-based heating elements of a building for a system that...
CleanSpark targets 400MW Bitcoin mining capacity after acquiring GRIID
1.11.2024
CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee.
Bitfarms inks another 10,000 Bitcoin miner hosting agreement with Stronghold
1.11.2024
The Bitcoin data center firm is deploying an additional 10,000 miners to Stronghold’s Scrubgrass site.
Coinshares Report: Inside Bitcoin’s Cost Crunch—Why Mining Expenses Are Hitting Record Highs
31.10.2024
Coinshares’ Q3 mining report, led by researcher James Butterfill, highlights mounting costs and challenges impacting the bitcoin mining industry in 2024. How Bitcoin Mining Industry Giants Are Battling Rising Prices The Coinshares Q3 mining report, with research led by James Butterfill...
Riot revenue rises 65% from 2023 but says hashrate plans hampered
31.10.2024
Riot has reduced its hashrate projections due to delays in expansion at its recently acquired Kentucky facility.
Russia to Ban Crypto Mining in Key Regions as Energy Shortages Intensify
30.10.2024
Russia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until 2030. Crypto Miners Face a Major Blow in Russia’s Energy-Restricted Zones Russian Deputy Energy Minister Yevgeny Grabchak has stated that digital...
Bitcoin miners cut costs, embrace AI post-halving: CoinShares
29.10.2024
Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said
Bitcoin miners cut costs, embrace AI post-halving: CoinShares
29.10.2024
Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said
Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'
29.10.2024
The broker initiated coverage of HIVE with an overweight rating and $9 price target
Bitcoin Mining, Gamified: Inside Miner Wars and the GoMining Ecosystem With CPO Dan Otryvanoff
29.10.2024
Miner Wars by GoMining is a GameFi approach to Bitcoin mining that has been steadily gaining traction since its beta release in mid September. Players can join or create clans to strategize and compete for BTC and GOMINING rewards while engaging in real-time battles that mirror actual block-solving...
Bhutan gov’t sells $66M of Bitcoin stash as price tops $71K
29.10.2024
Bhutan holds another $886 million worth of Bitcoin, which could introduce more selling pressure, as the country has been mining and holding Bitcoin for over five years
Bitcoin mining stocks rocket 24% on macro climate, AI play: Analyst
29.10.2024
Deficit spending and lower interest rates have boosted global liquidity higher, benefiting Bitcoin and related markets, Blockware’s Mitchell Askew said
An Arctic Circle Bitcoin Mine Will Heat a Building in a Fishing Village
28.10.2024
Sazmining launches a bitcoin (BTC) mine in Norway that will heat a building, aiming to demonstrate sustainable mining benefits despite past regulatory concerns
BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies
28.10.2024
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target