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Cathedra Bitcoin cools off mining to tap MicroStrategy playbook
17.9.2024
Cathedra Bitcoin said Bitcoin mining simply hasn’t provided enough shareholder value on a Bitcoin basis over the last three years, which prompted a change in strategy
Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market
16.9.2024
Cathedra Bitcoin will move away from mining business and will develop data center instead
Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says
16.9.2024
Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality
15.9.2024
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise...
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
15.9.2024
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD
Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
15.9.2024
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD
Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
14.9.2024
According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024.
Miner Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold
14.9.2024
Bitfarms said the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay, sometime in December 2024.
Bitcoin and Ethereum Mining Wallets have seen Declining Supply
13.9.2024
According to Santiment, there has been a declining supply of Bitcoin and Ethereum mining wallets held since the…
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
Crypto stocks recover from dip as polls say Harris won debate against Trump
12.9.2024
Crypto and Bitcoin mining-related stocks in the US bounced back from an early trading day dip after opinion polls showed voters rated Kamala Harris debate performance
Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities
11.9.2024
Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected to boost the company’s current mining capacity by 5 exahash per second (EH/s) by 2024, representing a 22% increase in its operational hashrate. Cleanspark...
CleanSpark acquires 7 mining sites in Tennessee, hashrate to grow 22%
11.9.2024
CleanSpark is acquiring more sites in Tennessee after buying GRIID Infrastructure's facilities there
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...
State Regulator Warns of Crypto Fraud After Investor Loses $750K
11.9.2024
The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing. Despite the investment supposedly growing to $1.4 million, the investor faced continuous...
Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says
11.9.2024
September could be another difficult month for the miners as bitcoin remains below $60K and the network hashrate continues to rise, the report said
Bitcoin miner solves block alone, grabs $180,000 reward
11.9.2024
A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain
State Street, Galaxy launch 3 new crypto ETFs
10.9.2024
The funds aim to capitalize on Web3 by tracking a mix of stocks, spot cryptocurrencies, and futures
Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
10.9.2024
A solo bitcoin {{BTC}} miner beat a swathe of powerful mining pools to receive a $181,000 reward after mining block 860749 on Tuesday
Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein
10.9.2024
The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong data center talent, the report said