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…
The Bitcoin mining industry is set for significant changes in 2025, thanks to the Trump family’s partnership with Hut 8 and Tether’s ambition to become the world’s leading mining company by the end of the year. This will transform the…
Bitcoin mining hardware has undergone a significant transformation over the past three years, from machines generating colossal terahashes to affordable rigs with efficiencies below 20 joules per terahash (J/TH). At the World Digital Mining Summit last month, Bitmain revealed details…
On May 31, Bitcoin’s hashrate reached a record high of 943 exahashes per second (EH/s), but since then, the network’s computing power has decreased by more than 75 EH/s in the last few days. Bitcoin miners ended May on a…
Russia’s executive authorities have paused an expansion of a ban on cryptocurrency mining that could have added several more regions to the already extensive list of territories where the activity is strictly restricted. On Thursday, the government in Moscow cancelled…
Bitcoin miner MARA Holdings (MARA) mined 950 BTC in May, up 35% from the previous month and the highest since the Bitcoin halving in April 2024, the company said on Tuesday. The company also set a new internal record for…
Bitcoin mining company Riot Platforms (RIOT) reported a significant increase in production in May on Tuesday, mining 514 BTC — up 11% from April and 139% from the same month last year. The company sold almost all of its new…
Do you remember how Elon Musk crashed the Bitcoin price when he tweeted that Tesla would no longer accept it due to environmental concerns, and how everyone started worrying about the environmental impact of Proof-of-Work mining? That happened in 2021,…