Mining
GoMining's Bitcoin mining game Miner Wars updated its features on Tuesday, introducing newbie-friendly “welcome packages” and a “clan league” option for competitive users, increasing GameFi's real-world Bitcoin mining capabilities. GoMining reports that since the launch of Miner Wars in September, the…
Cryptocurrency mining company Bitdeer recently raised $60 million in funding to expand its production of ASIC devices designed for Bitcoin mining and strengthen its DIY mining operations. This comes amid increasing competition in the space. The investment comes in a context…
Some participants in the Bitcoin (BTC) mining market have a habit of systematically understating the value of mining equipment shipments to U.S. Customs and Border Protection (CBP) in order to reduce customs duties, multiple sources familiar with the practice told CoinDesk.…
With import duties reaching 46% and capital being funneled into low-risk Bitcoin assets via ETFs, miners are facing increasing constraints on both costs and funding. Bitcoin (BTC) miners in the US face two significant challenges: rising hardware prices due to import…
After reaching an all-time high of 926 exahashes per second (EH/s) and increasing difficulty by 1.42% to 123.23 trillion, the network has lost around 52 EH/s since April 17. Increased difficulty and decreased hashrate lead to increased block times Bitcoin's computing…
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.…