5 / 37 Relevant items tagged with #BitcoinMining
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Bitcoin Mining vs. AI Hosting: The Unexpected Parallels Unveiled
[Oct 18, 2024 10:31 PM] Bitcoin miners and artificial intelligence (AI) cloud providers, along with high-performance computing (HPC) operators, share an unexpected bond in their quest for computing muscle. As the cryptocurrency scene shifts, some bitcoin mining setups are…
Rebar aims to launch Bitcoin-native MEV Shield by end of 2024 — CEO
[Oct 18, 2024 8:19 PM] The startup is onboarding BTC miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce.
U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan
[Oct 16, 2024 1:11 PM] The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.
Early Bitcoin-era whale moves $630K to Kraken, $5.5M in 2 months
[Oct 16, 2024 6:51 AM] After the latest $630,000 transfer, the Bitcoin whale has now sent $5.47 million worth of Bitcoin to Kraken in the last two months.
Blockstream Raises $210M in Convertible Note Financing Round
[Oct 15, 2024 1:00 PM] The money raised will be used to advance adoption and development of Blockstream's layer 2 technologies, to grow the company's mining operations, and expand its bitcoin treasury.
Bitcoin Mining Profitability Fell in September, Jefferies Says
[Oct 14, 2024 9:19 AM] October could be a harder month for the miners with the network hashrate currently 11% higher while the bitcoin price is up only about 5%, the report said.
How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 2
[Oct 13, 2024 8:33 PM] The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 3, 2024, it was penned by Bitcoinminingstock.io author Cindy…
How Bitcoin Miners Are Tapping Into the AI Gold Rush – Part 1
[Oct 12, 2024 10:45 PM] The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy…
Cleanspark Sets Ambitious New Hashrate Target After Reaching 30 EH/s
[Oct 11, 2024 4:30 PM] Cleanspark, a publicly traded bitcoin mining company, announced this week that it has reached an operational hashrate of 30 exahash per second (EH/s). The company expects to surpass 37 EH/s by the end of 2024 and aims for further growth to 50 EH/s…
Ethiopia Boosts Bitcoin Mining Power Allocation to 600 MW
[Oct 11, 2024 7:30 AM] Ethiopia has rapidly expanded its electricity allocation to Bitcoin mining, making it one of the world’s fastest-growing markets for this activity. The country plans to further increase its capacity this year. Many of the miners are using…
Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea
[Oct 9, 2024 8:30 PM] Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while…
MARA Launches Pilot to Harness Shale Gas for Bitcoin Mining Operations
[Oct 8, 2024 3:45 PM] MARA, one of the largest bitcoin miners in the public market, has kicked off an exciting new pilot program aimed at powering its operations with excess natural gas from U.S. shale, as noted in a report from Reuters. This initiative emerges amidst…
Texas Mayor Ward Roddam Reveals How Bitcoin Resurrected Rockdale’s Economy
[Oct 8, 2024 9:30 AM] Ward Roddam, mayor of the City of Rockdale in Texas, explained how the arrival of bitcoin mining revitalized the city’s economy. In a recently published opinion piece, Roddam noted that bitcoin miners took advantage of the energy…
Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says
Texas town residents sue Marathon Digital over crypto mine noise
[Oct 8, 2024 4:06 AM] A group of residents in Granbury, Texas, sued Marathon Digital, claiming noise from its nearby Bitcoin mine is a “nuisance” that has caused health issues for some locals.
Bitcoin miners show mixed performance in September amid market volatility
[Oct 7, 2024 9:44 AM] While both Hut 8 and Irish Energy expanded operations, they reported contrasting results in Bitcoin production efficiency.
CleanSpark reports 187% hashrate growth
[Oct 4, 2024 9:05 PM] CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity.
Bitcoin decentralization is a matter of national security — Auradine CEO
[Oct 4, 2024 8:18 PM] According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024.
BTC miners are ideal energy consumers, but regulators need to catch up — Hive
[Oct 4, 2024 4:59 PM] According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems.
Bitcoin Miner Terawulf Offloads 25% Stake in Equity to Bolster AI and HPC Operations
[Oct 4, 2024 4:35 PM] Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends to use the proceeds to expand its high-performance computing…
Bitcoin Miner Selloff Is Calming Down: Green Sign For Rally To Continue?
[Oct 4, 2024 8:00 AM] On-chain data shows the Bitcoin miner exchange inflows have been dropping recently, a sign that may be bullish for the asset’s price. Bitcoin Miner Exchange Inflow Has Been Declining Recently As explained by CryptoQuant author Axel Adler Jr…
Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners
[Oct 3, 2024 3:58 PM]
MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC
[Oct 3, 2024 2:30 PM] MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month. MARA Strengthens Mining Operations, Grows Bitcoin Reserves to 26,842 This week…
Cleanspark CEO Predicts Bitcoin $200K Peak Within 18 Months
Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects
September Slump: Bitcoin Miners See 2024’s Lowest Revenue
[Oct 1, 2024 5:45 PM] According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul. Bitcoin Miners Earn $815.7M in September…
Bitcoin Mining Profitability Fell for Third Straight Month in September: JPMorgan
[Oct 1, 2024 11:25 AM] Daily block reward gross profit fell to the lowest "on recent record" last month, the report said.
Bitcoin miner claims judge, prosecutor, targeted firm with noise laws
[Oct 1, 2024 5:26 AM] Bitcoin mining firm NewRays alleges that Judge Allen Dodson, prosecuting attorney Phil Murphy, selectively enforced noise legislation to target its business.
Proton Management Says Swan Bitcoin ‘Does Not Have Mining Business of Its Own’
[Oct 1, 2024 5:16 AM] Response to Swan’s lawsuit says that the mining company at the center of the controversy was only minority-owned by the company, and not a full-fledged subsidiary.