[Dec 27, 2022 5:00 PM] The bitcoin mining hashrate took a sharp nosedive as a historical storm tore through multiple US states. This saw power grids consolidate power to be able to provide enough energy for residents to heat their homes and some mining operations had to…
[Dec 27, 2022 9:00 AM] A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of digital assets belonging to the pool and its clients worth a combined…
[Dec 26, 2022 7:38 AM] BTC.com, the seventh-largest Bitcoin mining pool, said that its client fund services are unaffected by the recent $3 million cyberattack.
[Dec 25, 2022 3:30 PM] Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas curtailed their hashpower during a massive winter freeze. Statistics show that close to 100 exahash dropped off the…
[Dec 24, 2022 2:30 AM] The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market.
[Dec 23, 2022 9:30 AM] As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining…
[Dec 21, 2022 9:30 AM] On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000…
[Dec 20, 2022 2:30 PM] The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per…
[Dec 18, 2022 3:00 PM] Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bitcoin’s hashrate has been around…
[Dec 15, 2022 11:00 AM] Join us as we discuss the current state of the crypto market, particularly in terms of the current bear market and Bitcoin mining. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Drew Vosk.
[Dec 15, 2022 10:56 AM] Even after Bitcoin inevitably becomes the world reserve currency and bitcoin mining solves our energy problems, governments will intervene.This is an opinion editorial by Will Szamosszegi, founder and CEO of bitcoin mining hosting service…
[Dec 14, 2022 7:54 AM] Bitfarms has an initial period of 180 calendar days to have its shares trading above $1 for at least 10 days before June 12, 2023.
[Dec 14, 2022 6:43 AM] TEPCO Power Grid is deploying bitcoin mining operations across Japan in a partnership with a local semiconductor company to capitalize on excess power.Japan’s largest electric power company is about to start mining bitcoin.Tokyo Electric Power…
[Dec 13, 2022 4:30 AM] On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that it restructured a deal with Bitmain which will enable the…
[Dec 12, 2022 2:43 PM] According to the mining firm, “inadvertently published materials” led to the suspension of trading of Argo Blockchain on the London Stock Exchange and Nasdaq on Dec. 9.
[Dec 9, 2022 4:30 PM] The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.
[Dec 9, 2022 5:00 AM] Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The bitcoin mining firm is reportedly planning to use…
[Dec 8, 2022 7:00 PM] The low profitability of BTC mining is still puzzling for many crypto fanatics and investors. There’s no surprise here, given the ever-increasing energy costs. Moreover, the bear market is also significantly impacting Bitcoin’s mining…
[Dec 7, 2022 11:35 AM] Bear market history never repeats, but it often rhymes and these six datasets show how the bitcoin mining industry is faring today.Bitcoin mining companies continue struggling to survive the ongoing bear market. Dreams of outperforming bitcoin as a…
[Dec 7, 2022 6:25 AM] The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia.
[Dec 6, 2022 12:30 AM] On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and it will remain at this point for…
[Dec 5, 2022 10:27 AM] The inflection point in every bitcoin bear market is capitulation, and the mining sector may have just reached its own trough of bearishness.This is an opinion editorial by Zack Voell, a bitcoin mining and markets researcher.Bitcoin miners often…
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