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Don't Blame Bitcoin Miners For Price Dips, Says Analyst
24.2.2021
There's little reason to believe that Bitcoin (BTC) miners are responsible for downturns in BTC’s price, according to crypto intelligence firm Coin Metrics.
Per Karim Helmy, Senior R&D Analyst ad the firm, this is due to the small scale of miner deposits in comparison to total exchange flows...
Bitcoin miners are hodling while long-term investors take profits
16.2.2021
On-chain data shows that while miners are selling less BTC, old investors are realizing profits
Bitcoin Miners Posted $354M in Revenue Last Week, Breaking Record From 2017
15.2.2021
Last week's mining revenue eclipsed the previous record set in mid December 2017
Bitcoin Miners Earn Record Hourly Income of $4 Million
12.2.2021
Bitcoin miners earn windfall income amid the price rally
Massive 70 MW Bitcoin Mining Rig Shipped to Russia
12.2.2021
Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks...
Mystery Entity Just Set up 20K Bitcoin Miners in Siberia: Report
10.2.2021
A shipment of devices said to be worth up to $60 million was set up in the city of Bratsk and set to mining bitcoin
Bitcoin Miners Buy Oversupplied Energy, Turn To Renewables - Nic Carter
10.2.2021
Source: Adobe/Татьяна Палладина
Bitcoin (BTC) mining leaves a climate footprint, but renewable energy accounts for a considerable share of the process, according to Nic Carter, Founding Partner of blockchain-focused venture capital (VC) firm Castle Island Ventures.
“Bitcoin absolutely is...
Gaming Firm The9 Agrees Purchase of 5,000 MicroBT Bitcoin Miners
5.2.2021
The firm announced its pivot to mining in January
Bitcoin Miners Saw Revenue Rise 62% in January From December
2.2.2021
Miners earned over $1.1 billion in January
China’s 500.com to Purchase Another $8.5M-Worth of Bitcoin Miners
2.2.2021
The NYSE-listed lottery firm may also acquire another 10,000 miners this year
Bitcoin Miners Strain Under Semiconductor Supply Crunch, Second-Hand Mining Rig Prices Soar
30.1.2021
Bitcoin mining rig manufacturers are dealing with a semiconductor supply crunch according to regional reports stemming from China. There’s been a global semiconductor supply shortage and it’s affecting nearly every type of business in the supply chain that manufactures cars,...
Iran Finds Scapegoat In ‘Easy Victim’ Bitcoin as Officials Shut Down 1,600 Mining Farms
27.1.2021
As Iran experiences rolling electricity blackouts, the country’s authorities have responded to the crisis by targeting bitcoin mining farms. The sanctions-hit country’s campaign against miners has seen a total of 1,600 mining centers being shut down. This Iranian blitz on cryptocurrency...
Bitcoin Falls as Miners Sell, Institutions Watch Yellen
26.1.2021
Some institutions have paused their buying, at least for the moment
While BTC’s Hashrate Remains High, It’s More Difficult Than Ever Before to Mine Bitcoin
26.1.2021
At the end of January 2021, Bitcoin’s network mining difficulty, a measure of how complicated it is to mine a block reward, is higher than it’s ever been during the crypto protocol’s lifetime. Currently, Bitcoin’s mining difficulty is a whopping 20.8 trillion but despite...
Bitcoin miners facing chip shortage amid skyrocketing demand
22.1.2021
Bitcoin miners are scrambling to acquire more mining rigs as the global semiconductor shortage worsens
Hive Blockchain Buys 6,400 Bitcoin Miners From Canaan, Capacity Reaches 1,229 PH/s
22.1.2021
Canadian bitcoin miner Hive Blockchain has bought 6,400 next generation mining machines from Canaan. The Avalonminer 1246 miners will add a combined 576 petahash per second (PH/s) to Hive’s existing hash power. ● With the addition of the new machines, Hive’s total hash rate will...
Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity: Report
19.1.2021
Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific...
New SEC Chair, Confiscated Bitcoin Miners, Trader vs. Banks + More News
18.1.2021
Gary Gensler. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
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Former Commodity Futures Trading Commission...
Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
18.1.2021
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate
Associated Gas Pilot Could Lead to Huge Boon for Russian Bitcoin Miners
15.1.2021
Russian Bitcoin (BTC) miners could be in for a massive, unexpected environmentally friendly windfall if a pilot leads the nation’s energy giants to embrace crypto mining en masse.
Further details have been unveiled about a plant operated by the oil arm of Gazprom, Gazprom Neft, which late last year...