Bitcoin Mining Stocks Rally Ahead of Halving: Double-Digit Gains Mark Midweek Surge
Publicly traded bitcoin mining companies experienced a revival this week, as numerous stocks saw double-digit increases on Wednesday. Shares of...
Mining
Over 93% of Bitcoin Mined Ahead of Fourth Halving, Signaling New Era of Scarcity
As of the current moment, 93.6% of bitcoin’s total supply has already been mined, leaving only 1.34 million bitcoins remaining...
Bitcoin Miners Near Final Month Before Reward Halving Slashes Revenues
There are 34 days left until the Bitcoin network’s halving event, expected on or around April 20, 2024, which will...
Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden...
Bitcoin maintains price resilience despite increased miner selling
As the facilitators of the network’s security and transaction verification process, Bitcoin miners significantly influence the supply of BTC in...
Bitcoin’s Hashrate Reaches 618 EH/s, Establishing a New 7-Day SMA Record in 2024
Bitcoin’s computing power has reached a new peak, ascending to 618 exahash per second (EH/s) as shown by the seven-day...
As Bitcoin Hits New Highs, Nasdaq-Listed Miners Face Unexpected Declines
Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked...
4-Day $3.77 Billion Boost in Meme Coin Sector Led by PEPE, WIF, and BONK
In recent times, the meme coin sector has experienced a significant increase, climbing over 13% in the past 24 hours....
Digihost Secures Hosting Deal for 4,640 S19 XPs With Leading Bitcoin Miner Manufacturer
Digihost Technology Inc., a blockchain technology and mining enterprise based in the U.S., revealed a significant augmentation of its bitcoin...
Bitcoin miner Argo Blockchain sells Quebec site for $6.1 million amidst declining BTC production
Bitcoin miner Argo Blockchain sold one of its sites to repay debt amid its declining BTC production last month.Argo sells...
Bitcoin Miner Bitdeer Says It Has Launched Its ‘First Cryptocurrency Mining Chip’
Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer...
Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline
In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this...
Biden administration’s notorious Bitcoin mining survey halted after legal backlash
The US Energy Information Administration (EIA) agreed to stop the emergency survey of Bitcoin miners as part of an agreement...
Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost
On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in...
Marathon posts record growth in 2023 earnings, unveils Bitcoin Layer-2 Anduro
Bitcoin mining and technology firm Marathon Digital reported record growth in a number of categories in its 2023 annual earnings...
Bitcoin Miner Riot Acquires 31,500 ‘Next Generation’ M60S Mining Machines Worth $97.4 Million
Bitcoin miner Riot Platforms Inc. said it expects to take delivery as well as deploy 31,500 Whatsminer M60S miners worth...
Congressman Emmer raises concerns over Biden administration’s “information collection regime” targeting BTC miners
House Majority Whip Tom Emmer warned on Feb. 22 that government agencies under the Biden administration are beginning to collect...
Riot Platforms Highlights Risks Associated With Upcoming Bitcoin Halving Event in Annual Report
In its latest annual report, Riot Platforms, the publicly-listed bitcoin mining firm, outlines several significant risks that could impact its...
US agencies pause Biden-sanctioned emergency miner survey following lawsuit
The Energy Information Administration (EIA) paused the controversial survey of crypto mining firms on Feb. 23 following a lawsuit from...
Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days
Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until...
Texas Blockchain Council including Riot file lawsuit against US Energy Department over Bitcoin miner survey
Riot Platforms and the non-profit association, the Texas Blockchain Council (TBC), have initiated legal action against the US Energy Department...
Ethiopia’s Affordable Hydropower and Adoption of Crypto Mining Attracts Chinese Bitcoin Miners
The Ethiopian state electricity company has reportedly signed power supply agreements with 21 mainly Chinese bitcoin miners. The African country’s...
