Bitcoin Mining Profitability Plummets as Hashrate Hits All-Time High
The hash rate of the Bitcoin network has reached 414 EH/s, and miners are finding it difficult to survive as ...
Tag: Mining
Tether’s New Mining Software Aims to Boost Efficiency and Capacity
The main objective of the recently released Tether BTC mining software is to improve the effective management of mining capacity. ...
Bitcoin Mining Difficulty Drops 7.2%, Biggest Drop of 2023
As BTC price action reverses course in a pivotal macro week, Bitcoin starts to reach traders' downside targets. Bitcoin enters the ...
Bitcoin Miners Selling BTC to Hedge Against Price Declines
Miners are positive on Bitcoin as seen by record-high hash rates and mining difficulty, and recent sell-offs may have been ...
UAE’s Bitcoin Mining Industry Grows as Country Becomes Pro-Crypto
The aggregate Bitcoin mining power of the United Arab Emirates is projected to reach 400 megawatts, or 4% of Bitcon's ...
Bitcoin Miners Transfer Record $128M in Revenue to Exchanges
Bitcoin miners have transferred up to 315% of their daily earnings to exchanges, yet little change has been seen in ...
Riot Platforms to Boost Bitcoin Mining Capacity Ahead of 2024 Halving
The new rigs won't be installed until the first quarter of 2024, but they will increase the company's self-mining capacity ...
Binance Launches Bitcoin Mining Cloud Services Despite SEC Crackdown
Users who want to mine Bitcoin but lack the necessary hardware can start using Binance's cloud mining services on June ...
El Salvador’s Volcano Energy to Mine Bitcoin with $250M Investment
According to Volcano Energy, the money will be used to build a 241 megawatt power producing park. El Salvador has ...
Bitcoin miners earned $50B from BTC block rewards, fees since 2010
They may have seen some hard times, but overall, estimates conclude that Bitcoin miners are up 37% from their activities. ...
