Bitcoin Mining

Sphere 3D’s legal issues escalate as Gryphon seeks to block $10M

Sphere 3D’s legal issues escalate as Gryphon seeks to block $10M 2024-03-30 at 20:01 By Cointelegraph by Ana Paula Pereira Gryphon Digital Mining is seeking to block Sphere 3D from using $10 million from a recent settlement with Core Scientific. This article is an excerpt from Cointelegraph.com News View Original Source

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Not just the halving: Why analysts are bullish on Bitcoin in 2024

Not just the halving: Why analysts are bullish on Bitcoin in 2024 2024-03-28 at 02:01 By Cointelegraph by Helen Partz The massive overall demand for Bitcoin along with macroeconomic factors will play a far bigger role in driving the price of Bitcoin this year. This article is an excerpt from Cointelegraph.com News View Original Source

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Massive Bitcoin consolidation sparks sell-side liquidity concerns

Massive Bitcoin consolidation sparks sell-side liquidity concerns 2024-03-27 at 15:02 By Cointelegraph by Amaka Nwaokocha An unidentified individual or entity who received 2,000 Bitcoin in mining rewards in 2010 has consolidated them into a single wallet. This article is an excerpt from Cointelegraph.com News View Original Source

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Bitcoin block art? Marathon showcases visualization potential of block building

Bitcoin block art? Marathon showcases visualization potential of block building 2024-03-26 at 16:02 By Cointelegraph by Gareth Jenkinson Marathon Digital explores the potential of “block art” by using its mining pool to craft the order of transactions in a block. This article is an excerpt from Cointelegraph.com News View Original Source

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Wall Street funding has changed Bitcoin mining’s incentive structure: Report

Wall Street funding has changed Bitcoin mining’s incentive structure: Report 2024-03-26 at 12:02 By Cointelegraph by Gareth Jenkinson Bitfinex analysts say Wall Street funding of public Bitcoin mining companies has significantly altered the incentive structure behind Bitcoin mining. This article is an excerpt from Cointelegraph.com News View Original Source

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

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

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

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Bitcoin mining difficulty reaches new historical high as halving looms

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

Bitcoin mining difficulty reaches new historical high as halving looms Read More »

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

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

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

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

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

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

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

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Core Scientific explains its latest bankruptcy plan ahead of court date

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

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

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

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

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

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

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

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

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

Marathon, Riot among most overvalued Bitcoin mining stocks: Report

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

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

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

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