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What Explains The Recent Uptick In Bitcoin Network Hash Rate?

[Mar 31, 2023 10:16 AM] The massive growth in hash rate has some speculating on who’s behind such a sizable increase, plus an update of public bitcoin miners. The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets…

Public Miners Are Outperforming Bitcoin

[Feb 22, 2023 9:45 AM] Even with the recent rise in the bitcoin price, public bitcoin mining stocks start the year with more impressive gains than the asset itself.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets…

CleanSpark Acquires 20,000 Bitcoin Miners For New Facilities

[Feb 16, 2023 4:09 PM] The new miners will contribute to CleanSpark’s ongoing expansion, just as the Bitcoin market ramps up.CleanSpark Inc. has purchased 20,000 brand new Antminer S19j Pro+ units, the latest generation of Bitmain’s bitcoin mining machines, for $43.6…

Public Bitcoin Miners Fight For Survival

[Dec 11, 2022 10:00 PM] Hash rate had its first major drawdown since July 2021 and public miners are feeling the pressure as tough conditions may last for a sustained period of time. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's…

Trading Shares Of Bitcoin Miner Argo Blockchain Suspended

[Dec 9, 2022 4:14 PM] A Friday operational update halted trading of the embattled bitcoin miner in the United Kingdom and United States.On Friday, the trading of shares of Argo Blockchain (NASDAQ: ARBK) was suspended in both the U.S. and U.K.Particular reasoning for the…

Riot Blockchain Announces Record High Hash Rate Capacity

[Dec 5, 2022 1:20 PM] Although hash rate capacity is at a record, mining conditions did lead to a relative underperformance in bitcoin received throughout the month.Riot Blockchain has released its unaudited production and operations updates for November 2022. According…

There Is Potential For More Capitulation From Bitcoin Miners

[Nov 4, 2022 9:00 PM] More announcements from public bitcoin miners on potential capitulation. Debt needs to be paid and cash is tight due to high hash rate and a low bitcoin price. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin…