Canaan Inc. reported revenue of $269.3 million for 2024, with bitcoin mining revenue up 312% year-over-year to $44 million. The company also expanded its North American mining operations, signing new contracts in Pennsylvania and Texas that will add 4.7 EH/s…
While the costs of Bitcoin mining can be significant, the return on investment (ROI) is even more attractive for larger companies with powerful mining rigs. Therefore, an individual crypto investor should understand the mechanics of mining before diving into the…
Bitcoin's hashrate has been steadily increasing; over the past five days, the network has added 40 exahashes per second (EH/s), reaching 836 EH/s, which puts it close to the protocol's all-time high. Additionally, as the price of Bitcoin has risen,…
A new Coin Metrics network health report shows that Bitcoin miners are on the brink between stabilized revenues and continued fee pressure following the halving, which requires upgrading hardware and using renewable energy sources amid geopolitical risks in supply chains.…
Bitcoin Could Make Up 25% of S&P 500 Assets by 2030: Architect Partners Strategy was the first to adopt BTC as a treasury asset, and to date, 90 companies have adopted the cryptocurrency as a reserve asset for their treasury.…
March was a tough month for many altcoins, with some seeing significant price drops. However, as we approach Q2 2025, some tokens could benefit from an improving market environment. We'll tell you about four altcoins that are closest to new…