On-chain data shows that Bitcoin miners have been selling for around a year now. Here’s how much they have sold so far. As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the BTC miners have…
Bitcoin (BTC) mining economics continued to improve this month, as the hashprice, a measure of daily profitability, rose 5% from the end of November, JPMorgan (JPM) said in a research report Monday. The hashprice increased as the rally in the…
Bitcoin mining, often criticized for its energy consumption, is becoming a surprising ally in Europe’s energy transition. As the continent faces an energy crisis and adopts stricter regulations, bitcoin mining is proving its flexibility and utility. By helping to stabilize…
According to the latest stats, Bitcoin’s network hashrate has soared past the 800 exahash per second (EH/s) mark, based on the seven-day simple moving average (SMA). The network’s computing might has hit a record-breaking high of 805 EH Over the…
Iran has faced major power blackouts in its capital, Tehran, and neighboring provinces throughout October and November. While officials cite various causes, crypto mining has emerged as a significant contributor to the power crisis. With the lowest estimated cost of…
A recent report by JPMorgan reveals that Bitcoin miners are increasingly shifting their strategies towards accumulating Bitcoin (BTC) rather than liquidating their holdings. This trend is driven by the pressures of the recent BTC block reward halving and a rising…
We’ll provide you with several useful resources that will show you how to mine Filecoin. We didn’t attempt to provide a comprehensive guide to mining Filecoin, as the topic is very complex and the official Filecoin documentation is a better…
Activist investor Starboard Value has made a large investment in bitcoin miner Riot Platforms (RIOT) and is pushing for changes in the company’s business model, The Wall Street Journal reported, citing people familiar with the matter. Starboard has been pushing…
Bitcoin miners have reached a monumental milestone, earning a cumulative $71.49 billion, according to Glassnode. On Dec. 5, after 5,256 trading days, the Bitcoin price crossed $100,000 for the first time, and the market capitalization briefly surpassed $2 trillion. According…
Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt’s Whatsminer application-specific integrated circuit (ASIC) bitcoin mining rigs worth $93.2 million and an option…