Mining
Bitcoin miners will face the lowest margins since 2023 as the cost of hashrate approaches critical breakeven levels, according to Wolfie Zhao, head of research at theminermag.com. The study found that Trump's tariffs are increasing uncertainty among miners already struggling due…
Canadian Bitcoin mining company HIVE Digital has completed construction of its main facility in Paraguay with the goal of achieving 25 EH/s capacity by fall 2025. Shares of HIVE Digital rose 2% in pre-market trading on April 21 after the bitcoin…
Listed Bitcoin mining companies began liquidating their BTC again in March, a significant change from the strong HODL trend in previous months. This marks the highest level of monthly liquidations since October 2024. Brief overview Bitcoin Mining Firms Resume Selling Their…
Bitcoin (BTC) mining is the next sector to feel the impact of the tariff war between the US and China. Miners are looking for alternatives as the status of ASICs and mining equipment remains uncertain. Bitcoin mining is responding to the…
Bitcoin miners could face challenges as the world's largest cryptocurrency by market cap fluctuates within a narrow range and investors begin selling off their holdings. However, stablecoin giant Tether is making a significant investment in one of the sector's key players,…
Bitcoin's network computing power has set new records, even as miners increase BTC sales to cope with falling profits. The strength of the Bitcoin network reached historic levels in early April, even as miners increased their Bitcoin (BTC) sales to ensure…
Key moments in history Bhutan is using its hydropower to produce green cryptocurrency in an effort to grow its economy and create new jobs. The Himalayan kingdom has quietly amassed a sizeable cryptocurrency portfolio, including more than $600 million in Bitcoin.…
Bitcoin (BTC) mining stocks have performed mixed in the first two weeks of April, with operators focused solely on mining outperforming those in the high-performance computing (HPC) space, a JPMorgan (JPM) report said on Wednesday. Only MARA Holdings (MARA) and CleanSpark…
Calvin James Arizona is moving quickly to provide legal protections for Bitcoin miners and blockchain node operators. The Arizona Senate approved House Bill (HB) 2342 on Thursday, sending it to Governor Katie Hobbs for final approval. As Bitcoin Laws on X…
Bitcoin miners continue to struggle, with companies in the space selling more coins than usual to cope with financial problems. In a report published on Tuesday, analytics firm CryptoQuant said miners increased their selling last week as the leading cryptocurrency fell…
Bitcoin mining company CleanSpark (CLSK) is changing its strategy, moving away from HODLing 100% of mined BTC. The Henderson, Nevada-based organization announced Tuesday that it would resume selling some of its mined bitcoins to fund its operations. “While we remain committed…
TL;DR CleanSpark will begin selling a portion of its monthly Bitcoin production to fund its operations and prevent share dilution, moving away from a full holding strategy. The company has increased its Coinbase Prime credit line to $200 million and created…