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Nalezeno "Mining Bitcoin": 1409

Report: Bitcoin Miners Sitting on 100K BTC Fortune — But Owe $4.6B


According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there’s a catch — these businesses have also taken on a hefty $4.6 billion in debt. Bitcoin Miners Walk Debt Tightrope With 100K BTC...

Bitcoin Hashprice Tumbles as Miners Brace for Tougher March


Bitcoin’s hashprice—the estimated earnings generated by operating 1 petahash per second (PH/s) of mining power—has dipped from $53.13 per petahash down to its current value of $49.81 over the past seven days. Meanwhile, Bitcoin’s total hashrate bounced back impressively from its Feb. 25 low, adding...

US Loosens Grip on Seized Bitcoin Mining Rigs, but Many Remain Confiscated


U.S. authorities have begun releasing seized bitcoin mining equipment after months of scrutiny over Chinese-made chips. Thousands of units are freed, but many remain held. US Starts Releasing Seized Bitcoin Mining Equipment U.S. authorities have started releasing some of the cryptocurrency mining...

As February Winds Down, Bitcoin Miners See a $190M Drop in Revenue


According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, the hashprice is hovering just below $50 per petahash per second (PH/s)...

Bitcoin Miner MARA Sees Revenue Soar 69% in 2024


MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA’s Block Wins Rise 25% Bitcoin miner and publicly listed firm MARA (Nasdaq: MARA) said it registered a record-high revenue of $214.4 million in the fourth quarter of 2024,...

Russian Bitcoin Mining Ban Yielding Results in Siberia


The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power rationing and restrictions necessary to preserve the region’s outdated energy infrastructure. Ministry of Energy: Russian Bitcoin Mining Ban Already...

MARA Holdings Acquires Texas Wind Farm to Power Bitcoin Mining


Bitcoin miner MARA Holdings Inc. acquired wind farm in Hansford County, Texas, to power its operations with renewable energy, reduce costs, and extend the life of its application-specific integrated circuit (ASIC) bitcoin mining hardware. Wind Energy Boosts MARA’s Renewable Bitcoin Mining...

Report: US Customs Impound Bitcoin Miners as Tech Regulations Tighten


According to a newly published report by Blockspace, U.S. Customs and Border Protection (CBP) is said to have been impounding bitcoin application-specific integrated circuit (ASIC) mining machines. Sources Claim U.S. Customs Seized ASIC Bitcoin Miners Under FCC Orders The disclosure of the seized...

Bitcoin Difficulty Leaps 5.61% to a Staggering 114.17 Trillion


Bitcoin’s computational difficulty leaped by 5.61% at block height 883,008, catapulting its measure to a historic peak of 114.17 trillion, as per the latest network analytics. Miners Brace for Heightened Challenge as Difficulty Spikes Following the successful mining of block 883,008, the twisting...

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