Mining
Riot Platforms mined 470 Bitcoin in February 2025, up 12% year-on-year despite an 11% decline from January. Riot continues to strengthen its Bitcoin holdings and operational strategies, balancing efficiency gains with market challenges. Riot Platforms has once again made headlines in…
The largest U.S. cryptocurrency mining companies listed on Wall Street reported a decline in Bitcoin (BTC) mining in February compared to January, mainly due to the short month and network difficulties. Moreover, the decline in revenue was affected by the sharp…
Hut 8 Corp. reported $80.7 million in cryptocurrency revenue for 2024, thanks to its Bitcoin mining and GPU-as-a-service business. The company increased its Bitcoin holdings to 10,171 BTC and signed a $125 million deal with Bitmain. Hut 8 Boosts Bitcoin Mining…
MARA Holdings' blocks won, but bitcoin production volume – two key indicators of mining efficiency – fell 6% month-on-month in February, the bitcoin miner said in a press release on Tuesday. MARA said the decline was due to increased network complexity…
The combined market capitalization of 14 U.S. public miners overseen by Wall Street bank JPMorgan (JPM) fell 22% in February as the price of Bitcoin (BTC) fell and the economics of mining struggled. The bank noted that shares of high-performance computing…
According to the company's latest financial report, mining firm Hut 8 recorded a net profit of $331 million for 2024. The organization has benefited significantly from the increase in the price of Bitcoin over the past year. Hut 8 ended the…
HIVE Digital aims to quadruple its hashrate by September 2025, which could put it in the top 10 public Bitcoin miners by volume. At the same time, the company is targeting $100 million in annual revenue in the HPC space. Is…
CleanSpark delivered impressive financial results for the quarter, but its market metrics did not show similar strength. This analysis looks at key financial metrics, operating data, and strategic directions to get a complete picture. CleanSpark Review: Efficient Execution Amid Market Uncertainty…
Public Keys is a new weekly review from Decrypt that tracks the most important publicly traded crypto companies in the crypto space. The term can cover a wide range. It includes crypto exchange Coinbase, Michael Saylor’s Bitcoin accumulation strategy, Jack Dorsey’s…
The latest data shows that Bitcoin's hashrate has dropped below 800 exahashes per second (EH/s), which coincides with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, hashprice is just below $50 per petahash per second…
Bitdeer has seen increased activity in recent days as the company takes strategic steps in the face of declining revenues and continues to implement its long-term plans. Singapore-based Nasdaq-listed Bitdeer acquired 100 bitcoins in two transactions this week. On February 25,…
Miner Extractive Value. This phrase represents one of the most significant fundamental risks that exist for blockchain systems. The original idea of blockchain was to have incentives for miners (or other consensus participants responsible for ordering transactions) to earn income based…