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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
Bitcoin network hashrate reaches new all-time high
3.9.2024
Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion
Bitcoin network hashrate reaches new all-time high
3.9.2024
Bitcoin network difficulty, a closely related yet separate metric, is also at historically high levels and currently sits at 89.4 trillion
Bitcoin miners sell their shares worth $154 million
2.9.2024
Bitcoin miners reportedly sold tokens worth over $154 million. It is believed that portfolios shed almost 2,655 BTC.…
Bitcoin miners see worst revenues in 11 months as difficulty climbs
2.9.2024
August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
1.9.2024
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops...
Why crypto miners are ditching debt for equity
30.8.2024
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain
TeraWulf launches new Bitcoin mining facility, eyes major tech partnership
29.8.2024
TeraWulf claims to be the most profitable miner on a per-share basis, with an average production cost of $40,000 per Bitcoin
Bet more on the Bitcoin miners cashing in on AI
27.8.2024
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners