Search
Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings
6.10.2024
In July, the proof-of-work (PoW) crypto mining algorithm Kheavyhash, used by the kaspa (KAS) crypto asset, held the top spot for profitability among consensus algorithms. Fast forward to today, and it’s the Blake3 algorithm that’s taking the lead, with alephium (ALPH) miners raking...
Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks
6.10.2024
According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8. In its more than 15 years of operation, the Bitcoin network has witnessed daily transfer...
BTC miners are ideal energy consumers, but regulators need to catch up — Hive
4.10.2024
According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems
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...
Bitcoin miner claims judge, prosecutor, targeted firm with noise laws
1.10.2024
Bitcoin mining firm NewRays alleges that Judge Allen Dodson, prosecuting attorney Phil Murphy, selectively enforced noise legislation to target its business.
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...
The key misunderstanding with China's purported BTC hashrate dominance
26.9.2024
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%
US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant
24.9.2024
According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin’s network hashrate, while U.S.-based mining pools control about 40%. Chinese Pools Still Control Majority of Bitcoin Hashrate On Monday, Cryptoquant’s founder...
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....
BTC Miners Increase Earnings With Fractal Bitcoin Mining
22.9.2024
According to the latest data, the blockchain network Fractal Bitcoin continues to capture around 226 exahash per second (EH/s) of Bitcoin’s hashrate via merged mining. Additionally, Fractal Bitcoin’s native crypto asset, FB, achieved an all-time high (ATH) last week but has since...
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...
Glassnode Reports Rising Bitcoin Hashrate, ETF Outflows, and Lower Investor Engagement
10.9.2024
Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite for speculation. Miners Persist Amid Bitcoin...