Marathon Digital Holdings reports December 2024 Bitcoin production and mining metrics, showing continued operational progress. Marathon Digital Holdings reported a 15% increase in its energized hash rate to 53.2 exahashes per second, exceeding its year-end target of 50 EH However,…
Bitcoin miners should be prepared for a challenging season. The cost of mining will rise a year before the second halving, which will be in 2028. According to reports, Bitcoin’s computing capacity is predicted to expand by around 30% by…
Story Highlights Cango Inc. now owns 933.8 BTC, showing strong trust in the cryptocurrency. Cango mined 569.9 BTC in December, a 56% increase from November’s output. Cango’s growing mining operations could signal a bullish shift for Bitcoin’s price trends. Bitcoin…
Bitcoin’s (BTC) hashrate, the computational energy needed to mine a block in a proof-of-work blockchain, is on track to reach 1 zettahash per second before the next halving event in about 3.5 years, putting miners under pressure to secure cheap…
Bitcoin’s hashrate, which measures the total computational power of the network, has now surpassed 1,000 exahashes per second (or a zetahash per second) for the first time, according to data provided by CoinWarz. The milestone was achieved for the first…
Schneider Electric has cautioned policymakers to carefully guide the electricity consumption by AI data centers and prevent it from spiraling out of hand. This comes as AI data centers’ energy consumption is reportedly continuing to increase due to surging demand…
On Jan. 2, 2025, the publicly traded company Bitfufu announced its latest strategic move, securing a partnership with Bitmain to acquire a whopping 80,000 Antminer S units from the prominent ASIC bitcoin mining machine producer. In a recent disclosure to…
Bitcoin mining stocks could see massive growth in 2025, according to a report by H.C. Wainwright & Co. The equity research estimates that the market cap of Bitcoin mining companies will surpass $100 billion in 2025, up from $36 billion…
It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the $100,000 threshold. Kicking off 2025, three publicly traded mining companies posted double-digit gains, while others also delivered solid performances. Currently,…
Publicly listed Wall Street Bitcoin (BTC) miner Bitfarms (NASDAQ: BITF) ended 2024 with increased mining hashrate and USD revenues, despite a 41% drop in production compared to the previous year. The Bitcoin mining operator reported a 97% year-over-year increase in…