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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...
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
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
Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge
6.7.2022
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Bitmain Launches...
5,800 Rigs Are Now Churning at Hut 8's Ontario Site - And the Miner Will Be 'Hodling' All the Bitcoins They Mine
6.7.2022
HUT continues to hold onto its bitcoin while others sell off
BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected
2.7.2022
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bitcoin’s hashrate has remained high...
Bitcoin miner Mawson to defer all major capital expenditures until market conditions normalize
28.6.2022
The bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year
Bitcoin Miner Marathon Digital’s Montana Operations Go Offline After Storm
28.6.2022
The miner had about 30,000 miners in the Montana facility, representing over 75% of the company’s active fleet
Compass Mining loses facility after allegedly failing to pay power bill
28.6.2022
The facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills
Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
27.6.2022
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that...
Bitcoin miner 'capitulation event' may have already happened — research
24.6.2022
Investigative work argues that on-chain metrics are proving miners have capitulated, while whales appear to be lone Bitcoin dip-buyers
New Solar-Powered Bitcoin Miner Launches Operations Despite Difficult Market
23.6.2022
Aspen Creek Digital will also host miners from Galaxy Digital at its new data center in western Colorado
Bitcoin Miner Iris Energy Increases 2022 Hashrate Estimate to 4.3 EH/s
22.6.2022
The bitcoin miner will continue to sell its bitcoin instead of taking on financing
Miner Bitfarms Sold Almost Half Its Bitcoin to Reduce Debt
21.6.2022
The miner sold 3,000 BTC in the past week to reduce its Galaxy credit facility. It also closed an NYDIG equipment-financing loan
$30K BTC price has 'severe impact' on Bitcoin miner profits — analysis
10.6.2022
Miners are facing an increasingly problematic climate for participating in the Bitcoin blockchain, and only higher BTC prices can help
Bitcoin Miner Mawson Exchanges Mining Rigs for Stake in Tasmanian Data Center
7.6.2022
The move comes as more miners have begun using alternative sources of funds to support their expansion
Crypto Miner Hive Blockchain Selling Ether to Pay for Intel Mining Rigs
6.6.2022
The miner expects to have a bitcoin-equivalent hashrate of 6.2 exahash per second (EH/s) in the next 12 months
Crypto Miner Hut 8 Bucks Trend by ‘Hodling’ its Mined Bitcoins
6.6.2022
The miner also concluded its crypto lending program, bringing all of its bitcoin back into custody
Kevin O’Leary Backed Bitcoin Miner to Locate HQ in North Dakota
2.6.2022
Bitzero plans to invest about $400 million to $500 million to build 200 megawatts of data centers in the state
Bitcoin Miner Riot Blockchain Names Its Head of Corporate Operations as New CFO
2.6.2022
Current CFO Jeff McGonegal will retire and move into a new role as senior advisor of the miner in mid-August