Bitcoin Difficulty Reduction Incoming? Miners Brace for a Major Shift on Aug. 14
Following the latest difficulty change 11 days ago when the metric increased by 10.5%, Bitcoin’s difficulty is estimated to shift...
Mining
Short Sellers Target Bitcoin Miners as Reward Halving Nears, $2 Billion at Stake
A recent report highlights that the collective short interest in stocks from 15 bitcoin mining companies has approached the $2...
Severe Impact Expected for Miners With Outdated Hardware in Upcoming Bitcoin Halving
Following the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash...
A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which...
Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer
Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to...
Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production
On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series...
Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant
Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving,...
Bitdeer Utilizes Chip Giant TSMC, Eyeing $60M in Bitcoin Mining Equipment Production
According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1...
Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs
On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from...
Bitcoin Miners’ Earnings Hit Record $2 Billion in March Ahead of Halving Event
In March, bitcoin miners amassed an unprecedented level of revenue not seen in the previous 12 months, hitting a high...
Bitcoin Miner Bitdeer Seeks $100 Million for Mining Capacity Expansion
Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its...
Marathon Digital Holdings Unveils ‘M’ Block Art on Bitcoin Blockchain
Bitcoin miner Marathon Digital Holdings has crafted a block that prominently displays the letter “M” by carefully arranging transactions and...
Bitdeer to Boost BTC Mining Capacity With Proprietary Sealminer A1 Rigs, Eyeing 46 EH/S Milestone by 2025
The Nasdaq-traded company specializing in bitcoin mining, Bitdeer, has unveiled its strategy to boost its overall hashrate by an additional...
Report: Bitcoin’s Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower
Based on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in...
LAPD Recovers $6.9 Million Worth of Stolen Bitcoin Mining Rigs, Suspects in Custody
The Los Angeles Police Department (LAPD) has apprehended three individuals following the theft of bitcoin mining equipment valued at $6.9...
Greenpeace’s Anti-Bitcoin “Mining for Power” Report Receives Fierce Backlash on X
“Mining for Power,” an anti-Bitcoin report by Greenpeace USA that explains the links between the bitcoin mining industry and fossil...
Luxor and Bitnomial Roll out Hashrate Futures for US Market Ahead of Bitcoin Halving
Luxor Technology Corporation, a blockchain infrastructure service provider, has unveiled plans to introduce exchange-traded hashrate futures for institutional investors in...
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...
Top 10 Bitcoin Mining Rigs of 2024: Leading the Charge in Crypto Earnings
Over the past month, the valuation of bitcoin has seen a notable increase, leading to significantly enhanced profits for today’s...
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 Mining Hits Record Difficulty as Countdown to 2024 Halving Begins
On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining...
