Bitcoin’s hashrate has made an impressive recovery from its 752 exahash per second (EH/s) drop on February 25 and is now at 819.65 EH/s, despite a significant drop in revenue in March. The network hashrate has increased and is now…
Bitcoin mining company Bitfarms today announced it has completed its acquisition of Stronghold Digital Mining, giving it an additional 1.1 gigawatts of capacity across three Pennsylvania sites and increasing its presence in the PJM market. Under the terms of the…
The Bitcoin network hashrate increased by 2 exahashes per second (EH/s) in the first two weeks of March, averaging 811 EH/s, according to a research report from Wall Street bank JPMorgan released on Monday. JPMorgan noted that the share of…
Hive Digital CEO Frank Holmes said the company plans to increase its capacity by more than 400% through its initiatives in Paraguay, a country with ample hydroelectric resources for the company’s needs. Hive Digital, one of the world’s leading public…
According to a recent study, Bitcoin mining companies that are privately held or traded on the stock market now hold more than 100,000 BTC. However, there is one problem – these firms have also accumulated a significant debt of $4.6…
Securitize announced that BlackRock’s tokenized money market fund BUIDL is now available on the Solana platform, marking the fund’s next step in embracing blockchain-based financial technology. The extension makes BUIDL available on seven different blockchains, including Ethereum, Polygon, Aptos, Arbitrum,…
Bitcoin’s decline to $77,700 has miners facing increasing financial difficulties, prompting a significant increase in their transfers to crypto exchanges. Miner selling is increasing, according to blockchain data from CryptoQuant, as historical market patterns predict further price declines until strong…
Ben Gagnon, CEO of Bitfarms, expressed his views on how new geopolitical challenges arising under the Trump administration could impact the Bitcoin mining sector. In an interview with Bloomberg TV on March 11, Gagnon noted that both the U.S. and…
Bitcoin is currently trading at $81,626, just below the $82,000 level. At the same time, the differences in mining costs among leading public companies highlight the significant differences in their operations, with some companies mining bitcoin for a fraction of…
Bitdeer Technologies Group (NASDAQ: BTDR) announced that it has successfully completed testing of its new SEAL03 Bitcoin mining chip. The prototype demonstrated an energy efficiency of 9.7 J/TH while operating in low-voltage, ultra-power-saving conditions. This result is a major advance…