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Bitcoin price surge drives BTC-related stocks to new multiweek highs

Bitcoin price surge drives BTC-related stocks to new multiweek highs 24/10/2023 at 17:09 By Cointelegraph By Prashant Jha MicroStrategy, the public company holding the most Bitcoin, saw unrealized gains on its BTC investment reach near the $1 billion mark as its stocks gained nearly 9% on Oct. 24. This article is an excerpt from Cointelegraph.com […]

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Mining BTC is harder than ever — 5 things to know in Bitcoin this week

Mining BTC is harder than ever — 5 things to know in Bitcoin this week 16/10/2023 at 12:05 By Cointelegraph By William Suberg Bitcoin wakes up to near $28,000 ahead of a jump to a new BTC mining difficulty record as billionaire investor Ray Dalio conjures the chilling thought of “World War III.“ This article

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What is the CryptoNight mining algorithm, and how does it work?

What is the CryptoNight mining algorithm, and how does it work? 04/10/2023 at 12:02 By Cointelegraph By Emi Lacapra Blockchain technology relies on mining algorithms, such as CryptoNight, to regulate cryptocurrency projects. Find out here what CryptoNight is and how it works. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Kazakh crypto miners plead with president to cut energy prices

Kazakh crypto miners plead with president to cut energy prices 03/10/2023 at 13:05 By Cointelegraph By David Attlee Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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BTC price hits ‘Uptober’ up 5% — 5 things to know in Bitcoin this week

BTC price hits ‘Uptober’ up 5% — 5 things to know in Bitcoin this week 02/10/2023 at 12:02 By Cointelegraph By William Suberg BTC price starts the celebrated month of “Uptober” with a trip past $28,000, but the question on everyone’s lips is whether Bitcoin can hold its ground. This article is an excerpt from

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Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K

Bitcoin halving to raise ‘efficient’ BTC mining costs to $30K 28/09/2023 at 14:02 By Cointelegraph By William Suberg Bitcoin miners may see “severe” economic consequences from BTC price action staying below $30,000 after the 2024 halving, Glassnode warns. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Former CEO of sham crypto miner IcomTech pleads guilty of wire fraud for Ponzi scheme

Former CEO of sham crypto miner IcomTech pleads guilty of wire fraud for Ponzi scheme 28/09/2023 at 01:03 By Cointelegraph By Derek Andersen Former IcomTech head Marco Ochoa is the latest crypto fraudster to face charges, while the CFTC charged another company and its head. This article is an excerpt from Cointelegraph.com News View Original

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Argentinian oil company to start mining crypto with gas power leftovers

Argentinian oil company to start mining crypto with gas power leftovers 27/09/2023 at 12:02 By Cointelegraph By David Attlee Tecpetrol hopes to reduce environmental impact by avoiding gas emissions, and generate some additional profits in the meantime. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs

Core Scientific seals $77M Bitmain deal for 27K Bitcoin mining rigs 22/09/2023 at 14:02 By Cointelegraph By Prashant Jha The deal was first finalized in August, with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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How Bitcoin miners can survive a hostile market

How Bitcoin miners can survive a hostile market 20/09/2023 at 02:03 By Cointelegraph By Didar Bekbauov Bitcoin mining is becoming harder — which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Hut 8 receives green light from Canadian Supreme Court for USBTC merger

Hut 8 receives green light from Canadian Supreme Court for USBTC merger 18/09/2023 at 16:02 By Cointelegraph By Gareth Jenkinson The Supreme Court of British Columbia has given Hut 8 final clearance to complete a proposed merger with USBTC. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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FOMC versus BTC price ‘local bottom’ — 5 things to know in Bitcoin this week

FOMC versus BTC price ‘local bottom’ — 5 things to know in Bitcoin this week 18/09/2023 at 13:02 By Cointelegraph By William Suberg Bitcoin network fundamentals have never looked better, as optimism trickles back when it comes to BTC price strength in a key Fed rate decision week. This article is an excerpt from Cointelegraph.com

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Celsius and Core Scientific propose $14M settlement for litigation

Celsius and Core Scientific propose $14M settlement for litigation 15/09/2023 at 20:02 By Cointelegraph By Turner Wright Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million. This article is an excerpt from Cointelegraph.com News View

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Bitcoin miner mulls refunding 20 BTC reward to Paxos

Bitcoin miner mulls refunding 20 BTC reward to Paxos 14/09/2023 at 12:06 By Cointelegraph By Arijit Sarkar Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.” This article is an excerpt from Cointelegraph.com News View Original

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Bitcoin at $25K: Discount or disaster?

Bitcoin at $25K: Discount or disaster? 13/09/2023 at 20:01 By Cointelegraph By Marcel Pechman This week, The Market Report discusses Bitcoin’s recent dip below $25,000 and what it means for the near future. Was it a discount or a disaster? This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Crypto companies form Texas blockchain group to advocate for clear regulations

Crypto companies form Texas blockchain group to advocate for clear regulations 12/09/2023 at 02:05 By Cointelegraph By Tom Blackstone a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Windows tool targeted by hackers deploys crypto mining malware

Windows tool targeted by hackers deploys crypto mining malware 08/09/2023 at 00:04 By Cointelegraph By Ana Paula Pereira Software installers affected are mainly used for 3D modeling and graphic design, with French being the most frequent language used in the malware campaign. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Marathon’s Bitcoin mining rate fell 9% in August

Marathon’s Bitcoin mining rate fell 9% in August 06/09/2023 at 11:03 By Cointelegraph By David Attlee The company still mined five times more Bitcoin than in August 2022, reporting that it produced 1,072 Bitcoin last month, and said the decrease from July was caused by unfavourable weather conditions. This article is an excerpt from Cointelegraph.com

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Weekly close risks BTC price ‘double top’ — 5 things to know in Bitcoin this week

Weekly close risks BTC price ‘double top’ — 5 things to know in Bitcoin this week 04/09/2023 at 11:02 By Cointelegraph By William Suberg Bitcoin reckons with $26,000 with BTC price action at a crucial decision point heading into the first week of September. This article is an excerpt from Cointelegraph.com News View Original Source

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Canaan’s Q2 mining revenue jumps 43% on Q1, but net loss climbs 31%

Canaan’s Q2 mining revenue jumps 43% on Q1, but net loss climbs 31% 29/08/2023 at 16:03 By Cointelegraph By Gareth Jenkinson Bitcoin mining firm Canaan posts second quarter financials, with BTC mining revenue up 43% from Q1 2023, though net losses also rose 31% to $110 million. This article is an excerpt from Cointelegraph.com News

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