Search
Recent Analysis Shows Common Transaction Patterns Among Several Bitcoin Mining Pools
18.4.2024
A comprehensive X thread by Bitcoin developer and observer 0xB10C has uncovered that several prominent bitcoin mining pools are using identical block templates and transaction prioritization methods, mirroring those of Antpool. This revelation follows earlier findings that highlighted a notable...
Crypto for Advisors: Bitcoin’s Supply Reduction
18.4.2024
What does Bitcoin’s fourth halving mean, and why does it matter?
Bitcoin Miners Remain Optimistic About Future Despite Anticipated Revenue Loss
18.4.2024
Although Bitcoin’s halving is expected to result in reduced block rewards for miners, several CEOs of bitcoin mining firms maintain a bullish outlook. In addition to investing in more efficient equipment, miners believe spot bitcoin exchange-traded funds (ETFs) will continue to drive up the value...
The Lightning Network Is Beneficial For Small-Scale Bitcoin Miners Pre-Halving
18.4.2024
As the Bitcoin halving event draws near, small-scale miners face challenges like increased transaction fees and payout difficulties. The Lightning Network provides a solution, offering instant, low-cost payouts and enhanced privacy. Here's how mining pools like NiceHash and Braiins leverage...
Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving
17.4.2024
Bitcoin mining companies are experiencing a significant decline in their stock prices as they face reduced revenue due to an upcoming code update for the largest cryptocurrency.
The post Bitcoin Mining Stocks Plummet as Miners Face Reduced Revenue Post Halving appeared first on Cryptonews
Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility
16.4.2024
Hut 8 has quickly kickstarted its new Texas facility after relocating its mining machines from other sites.
The post Hut 8 Cuts Mining Costs By 30% At New Salt Creek Facility appeared first on Cryptonews
Core Scientific Set to Boost Texas Mining Facility by 72 MW Ahead of Bitcoin Halving
16.4.2024
With just over three days remaining until the halving, Core Scientific has announced its plans to enhance its Texas mining facility by an additional 72 megawatts. This project is scheduled for completion by the end of the second quarter of 2024. This expansion aims to augment the company’s...
What Bitcoiners Are Saying About the Upcoming Bitcoin Halving
16.4.2024
Is the halving priced in or not? Will it tank the bitcoin mining industry? Or accelerate adoption? Here's what experts and community members are saying about the fourth and perhaps most anticipated halving
Bitcoin Miners Must Optimize to Survive
16.4.2024
Miners Race to Discover Block 840,000 as Bitcoin Halving Nears
16.4.2024
Many enthusiasts in the Bitcoin community were anticipating the next halving to coincide with Saturday, April 20, 2024, but the latest data suggest it will likely occur a day earlier, on April 19. Despite a recent uptick in mining difficulty, miners have managed to maintain a high hashrate...
Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake
15.4.2024
A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2 billion mark. The performance of these mining stocks has declined compared to their stronger start earlier this year, coinciding with the proximity of just 663 blocks...
Bitcoin Halving Has Crypto Miners Racing for 'Epic Sat' Potentially Worth Millions
15.4.2024
Bitcoin's once-every-four-years "halving" this week may be very different from those of earlier epochs, typically ho-hum affairs. Now, an intense competition is underway to mine the first block after the halving, which could contain a rare and collectible fragment of a bitcoin known as an "epic...
Kiyosaki Reacts to $200 BTC Crash Prediction, Miners Offload BTC Ahead of Halving, and More — Week in Review
14.4.2024
Robert Kiyosaki expressed his stance on potentially investing more in Bitcoin if its price plummets to $200, as economist Harry Dent has forecasted. Cryptoquant data reveals that Bitcoin miners are selling off their holdings in anticipation of the network’s upcoming halving event, which...
Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving
13.4.2024
Following the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash per second to marginally over $116 per PH/s on a daily basis. Should the prices remain low leading up to the forthcoming halving event scheduled for next week...
Concerns Raised Over China’s Influence on US Bitcoin Mining Infrastructure
13.4.2024
Amidst growing concerns about national security and infrastructure vulnerabilities, China's role in the cryptocurrency sphere has become a focal point of discussion.
The post Concerns Raised Over China’s Influence on US Bitcoin Mining Infrastructure appeared first on Cryptonews
A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
12.4.2024
Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’ rewards from pools like F2pool, Antpool, Binance...
Report: Bitcoin Miners Strengthen Reserves Ahead of Fourth Halving
12.4.2024
As we near the anticipated fourth Bitcoin halving event, there are only 1,133 blocks left until we reach block 840,000, with the milestone expected to occur in about a week. Recent data from theminermag.com’s Miner Weekly on Thursday shows that bitcoin miners are conserving their reserves...
Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain
12.4.2024
The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest S21 Pro model from Bitmain, which offers 15 joules...
Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer
11.4.2024
Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly challenging to mine blocks as the fourth halving event nears, with fewer than 1,250...
Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production
10.4.2024
On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $80 million in bookings. Auradine Raises $80 Million, Doubling Down on Teraflux Mining Rig Expansion...