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Tag: mining

New BTC miner capitulation? 5 things to know in Bitcoin this week

Bitcoin miners face a shakeout, one metric warns as the November monthly close looms for BTC.

Bitcoin mining revenue lowest in two years, hash rate on the decline

The total Bitcoin mining revenue — block rewards and transaction fees — in U.S. dollars fell down...

Iris Energy to cut mining hardware after defaulting on $108M loan

The Australian mining firm has had to unplug hardware that was producing "insufficient cash flow" to service...

Russian bill would legalize crypto mining, sales under ‘experimental legal regime’

The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency...

Australian firm raises $28M to expand Bitcoin mining capabilities

The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy...

Is GPU mining profitable after the Ethereum Merge?

The Ethereum merge is the upgrade from proof-of-work to proof-of-stake as a way of validating block transactions...

Bitcoin miner Canaan scales operations despite low earnings, CEO says

Chinese Bitcoin mining firm Canaan posted a 90% over-the-quarter decrease in net income in Q3 2022, but...

Elon Musk says BTC ‘will make it’ — 5 things to know in Bitcoin this week

Bitcoin may be bruised, but big names are keeping the faith as data shows investors have seized...

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