MARA Holdings' bitcoin mining output fell 25% in June as the company faced adverse weather conditions at its Texas facility and ongoing difficulties that have hampered mining in the industry as a whole, according to its June report . The…
Cryptocurrency analytics firm Alphartal has provided an interesting analysis of the Bitcoin mining sector. The report highlights that miners are not selling off their Bitcoin holdings despite historically low profitability. Overall transaction fees on the Bitcoin network have fallen to…
Iran has been mining and trading cryptocurrencies since 2019, when its national currency lost much of its value due to years of strict international sanctions and high inflation. However, experts say it is still extremely difficult to accurately estimate how…
Iran is mining and trading cryptocurrencies out of necessity, driven by tough international sanctions and the collapse of its currency due to high inflation since 2019. However, experts told Decrypt that valuing its assets remains extremely difficult. The University of…
Ethiopia is seeing an increase in electricity problems related to cryptocurrency mining as the country’s crypto industry grows. According to reports, the cryptocurrency mining and data center sector in Ethiopia is expected to consume a third of all electricity by…
Cango has successfully completed its previously announced acquisition of 18 EH/s of active Bitcoin hashrate from Bitmain's financial division, Antalpha, bringing its total installed hashrate to 50 EH This article from Theminermag, a specialized publication for the cryptocurrency mining sector,…
In a research note published Thursday evening, Cantor Fitzgerald argued that Core Scientific (CORZ) could fetch more than $30 per share if it is acquired by cloud giant CoreWeave, citing both the long-term cash flows from its AI contracts and…
Bitcoin's hash rate fell sharply to its lowest level in a year in June. The decline came amid heightened political tensions between the United States and Iran, prompting speculation about a possible geopolitical connection. However, the experts' opinions differ. What…
Bitcoin BTC miner revenue of $106,976.04 fell to its lowest in two months, but there are still no signs of forced selling despite falling profitability. Daily mining revenue fell to $34 million on June 22, the lowest since April and…
In the rapidly changing world of digital finance, the strategic management of a company’s treasury assets is an important indicator of its long-term vision and sustainability. Canadian cryptocurrency mining company HIVE Digital Technologies recently made a splash in the market…