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Bitcoin halving will be a litmus test for inefficient ops: Mining execs

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Bitcoin halving will be a litmus test for inefficient ops: Mining execs 2024-03-22 at 02:02 By Cointelegraph by Gareth Jenkinson Major mining firms expect the Bitcoin halving to reduce profitability and cause an increase in network fees, which could challenge the existence of less efficient miners. This article is an excerpt from Cointelegraph.com News View […]

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Bitdeer is among the most ‘cost-effective’ Bitcoin miners: Benchmark

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Bitdeer is among the most ‘cost-effective’ Bitcoin miners: Benchmark 2024-03-15 at 11:02 By Cointelegraph by Tom Mitchelhill Benchmark analyst Mark Palmer initiated coverage of Bitdeer on Thursday, issuing the miner with a “buy” rating and setting a price target of $13. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Bitcoin mining difficulty reaches new historical high as halving looms

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Bitcoin mining difficulty reaches new historical high as halving looms 2024-03-14 at 20:45 By Cointelegraph by Tristan Greene Amid new all-time highs in price and block rewards, the Bitcoin bull run of 2023/2024 continues. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Core Scientific shares fall 4% after Q4 2023 results report revenue drop

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Core Scientific shares fall 4% after Q4 2023 results report revenue drop 2024-03-13 at 08:40 By Cointelegraph by Tom Mitchelhill The Bitcoin miner posted decreased YOY revenues for 2023 but said narrowing losses and increased investments in infrastructure are strong points heading into the Bitcoin halving. This article is an excerpt from Cointelegraph.com News View

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Bitcoin’s rally to $72K took miner revenues to record highs

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Bitcoin’s rally to $72K took miner revenues to record highs 2024-03-12 at 21:15 By Cointelegraph by Nancy Lubale Miners saw revenues climb to roughly $78.89 million on March 11, the same day the BTC price broke new all-time highs. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Phoenix seals $380M deal with WhatsMiner for green Bitcoin mining

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Phoenix seals $380M deal with WhatsMiner for green Bitcoin mining 07/12/2023 at 19:02 By Cointelegraph by Ana Paula Pereira Phoenix Group is acquiring hydro cooling mining equipment from WhatsMiner worth over $136 million, with the option of an additional $246 million purchase. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Bitcoin miner Phoenix surges 50% after $371M Abu Dhabi IPO

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Bitcoin miner Phoenix surges 50% after $371M Abu Dhabi IPO 05/12/2023 at 13:05 By Cointelegraph by Helen Partz Crypto mining firm Phoenix Group has debuted trading on the Abu Dhabi Securities Exchange, with the stock opening at $0.6. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Core Scientific explains its latest bankruptcy plan ahead of court date

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Core Scientific explains its latest bankruptcy plan ahead of court date 05/12/2023 at 01:02 By Cointelegraph by Derek Andersen If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027. This article is an excerpt from Cointelegraph.com News View

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Hut8 Mining operates as US-domiciled entity following USBTC merger

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Hut8 Mining operates as US-domiciled entity following USBTC merger 01/12/2023 at 15:02 By Cointelegraph by Arijit Sarkar Amid the delisting and relisting process, Hut8 shareholders received one New Hut common stock for every Hut 8 share held, an official announcement confirmed. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift

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Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift 01/12/2023 at 12:03 By Cointelegraph by Amaka Nwaokocha Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on. This article is an excerpt from Cointelegraph.com News View Original Source

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Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper

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Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper 28/11/2023 at 09:02 By Cointelegraph By Martin Young A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Tether plans major expansion into BTC mining with $500M investment: Report

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Tether plans major expansion into BTC mining with $500M investment: Report 16/11/2023 at 22:03 By Cointelegraph By Derek Andersen Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push. This article is an excerpt from Cointelegraph.com News

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Bitcoin miners earned $44M in a day to record annual all-time high

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Bitcoin miners earned $44M in a day to record annual all-time high 13/11/2023 at 13:02 By Cointelegraph By Arijit Sarkar 2023 saw an overall trend reversal as crypto entrepreneurs took charge of the situation and helped regain investor confidence. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Marathon, Riot among most overvalued Bitcoin mining stocks: Report

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Marathon, Riot among most overvalued Bitcoin mining stocks: Report 08/11/2023 at 04:11 By Cointelegraph By Brayden Lindrea Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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English school turned BTC miner in China expands capacity with 220 new units

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English school turned BTC miner in China expands capacity with 220 new units 03/11/2023 at 22:05 By Cointelegraph By Derek Andersen BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee. This article is an excerpt from Cointelegraph.com News View Original Source React

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Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project

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Marathon Digital will use landfill methane to mine Bitcoin in Utah pilot project 03/11/2023 at 01:05 By Cointelegraph By Derek Andersen The BTC miner has partnered with startup Nodal Power for a green, off-grid project that is a small start for a potentially big advancement. This article is an excerpt from Cointelegraph.com News View Original

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Tether issues $610M debt financing to Bitcoin miner Northern Data

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Tether issues $610M debt financing to Bitcoin miner Northern Data 02/11/2023 at 13:02 By Cointelegraph By Helen Partz In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Bitcoin price and energy use for mining highly correlated: UN report

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Bitcoin price and energy use for mining highly correlated: UN report 30/10/2023 at 14:02 By Cointelegraph By Arijit Sarkar UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global BTC mining network consumed 173.42 TW/hs of electricity. This article is an excerpt from Cointelegraph.com News View

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Bitmain to start shipping new Bitcoin Antminer T21 in January 2024

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Bitmain to start shipping new Bitcoin Antminer T21 in January 2024 26/10/2023 at 17:02 By Cointelegraph By Helen Partz Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH. This article is an excerpt from Cointelegraph.com News View Original Source

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Bitcoin dominance hits 54% — Highest in 2.5 years as BTC halving approaches

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Bitcoin dominance hits 54% — Highest in 2.5 years as BTC halving approaches 26/10/2023 at 12:02 By Cointelegraph By Prashant Jha BTC market dominance hovered around 80% during the 2017 bull market but slumped to the 50%–60% range during the 2021 bull market, at times even dipping below 50%. This article is an excerpt from

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