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TeraWulf: Overview of a Rising Bitcoin Miner in 2024
27.10.2024
TeraWulf stands out as a top-performing Bitcoin mining stock in 2024, up 70% YTD with 62.49% institutional ownership. Discover How Financial Health, Expansion, and Low-Cost Energy Fuel TeraWulf’s success The following guest post comes from Bitcoinminingstock.io, the one-stop hub for...
A New Approach to Analyzing Operational Efficiency of Bitcoin Mining Companies
26.10.2024
Discover how Bitcoin mining companies are navigating operational efficiency amid global layoff trends by examining their G&A expenses relative to revenue. Analyzing the Operational Efficiency of Mining Firms Like MARA, CLSK, RIOT, and Other Top Miners The following guest post comes from...
Meet the Sealminer A2: Bitdeer’s New ASIC in the Bitcoin Mining Arena
26.10.2024
This week, Bitdeer (Nasdaq: BTDR), a publicly listed firm in bitcoin mining and rig production, unveiled its latest product: the Sealminer A2. Bitdeer claims this machine clocks in at an impressive 226 terahash per second (TH/s) with a sleek energy efficiency of 16.5 joules per terahash (J/T)....
TeraWulf to raise $350M in convertible notes for share repurchase
24.10.2024
TeraWulf’s focus on raising capital through institutional buyers suggests confidence in its future despite volatile cryptocurrency markets
Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes
24.10.2024
Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power is keeping pace, operating at a blazing 729.13 exahash per second (EH/s) at the time of reporting. In the coming days...
Bitfufu Expands to Africa: Acquires 80MW Bitcoin Mining Facility in Ethiopia
23.10.2024
Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions from an asset-light strategy to managing a diverse...
Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago
23.10.2024
AI clusters and bitcoin mining operations have vastly different needs. Core Scientific's chief development officer gets down to the nitty gritty
Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; Signals Upcoming Bull Run
23.10.2024
Bitcoin mining difficulty jumps 3.9%, hits 95.67T on Tuesday, amid record hashrate
BitFuFu boosts Bitcoin mining with first physical facility in Ethiopia
22.10.2024
BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio.
How long does it take to mine 1 Bitcoin?
22.10.2024
Mining a Bitcoin block takes about 10 minutes, but does that timeframe translate to mining 1 Bitcoin?
Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture
22.10.2024
Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to struggle with reduced Bitcoin rewards. If the sale goes through, Northern Data plans to use...
Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership
21.10.2024
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency mining. Both entities plan to build data centers...
Mining PAC launches ad for Ted Cruz as early voting begins in Texas
21.10.2024
More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025
Bitcoin Miner Ionic Digital Renews IPO Push, Reports Significant BTC Holdings
21.10.2024
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at $135.3 million as of Sept. 30, 2024. Ionic Digital...
Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners' Share of the Network Peaks
21.10.2024
Bitcoin's 7-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April's halving
Bitcoin hashrate hits all-time high, boosting network security
21.10.2024
The growing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms
The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice
21.10.2024
Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated...
Bitcoin Mining vs. AI Hosting: The Unexpected Parallels Unveiled
19.10.2024
Bitcoin miners and artificial intelligence (AI) cloud providers, along with high-performance computing (HPC) operators, share an unexpected bond in their quest for computing muscle. As the cryptocurrency scene shifts, some bitcoin mining setups are finding fresh purpose in the fast-growing fields...
Rebar aims to launch Bitcoin-native MEV Shield by end of 2024: CEO
18.10.2024
The startup is onboarding Bitcoin miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce.
Rebar aims to launch Bitcoin-native MEV Shield by end of 2024: CEO
18.10.2024
The startup is onboarding Bitcoin miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce.