The latest “State of the Network” report by Coin Metrics and analyst Matías Andrade reveals that th…
Category: Mining
Mining
Bitcoin Miners Generated More Than $5 Billion in Revenue in 2024, Allocating $3.6 Billion for Machinery and Infrastructure
Bitcoin mining companies have allocated a significant portion of their funding to upgrading machines…
Hive Digital Announces Minor Increase in Bitcoin Production While Pursuing Capacity Objectives
Bitcoin Miner Hive Digital Reported Modest Growth in Bitcoin Production for October, While Advancing…
Block Led by Jack Dorsey Makes Major Investment in Bitcoin Mining
Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a com…
Hut 8 Prepares for a Mining Power Boost with 31000 New Bitmain Antminers
Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific…
Bitfarms and Stronghold Digital Mining Set to Install 10000 Miners in Pennsylvania
Bitfarms and Stronghold Digital Mining Hosting have joined forces to bring 10,000 miners to Bitfarms…
Russia Plans to Prohibit Cryptocurrency Mining in Vital Areas Amid Growing Energy Crisis
Russia is set to impose a ban on cryptocurrency mining in regions that are facing energy supply chal…
Bitcoin Hashrate Reaches Record 740 EHsImplications for Miners
As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights…
Analysis of Bit Digitals BTBT Strategic Diversification in Bitcoin Mining and HPC
Bit Digital is taking a strategic approach to the post-halving era of Bitcoin mining by focusing on…
Bitcoins Hashrate Sets New Records in the Race Towards the Zettahash Era
Bitcoin’s network hashrate reached a new milestone on October 25, 2024, hitting an all-time high o…
