Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius 3 min read account holders Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according...Read More
Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices 3 min read Antminer Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices admin January 1, 2023 Bitcoin miners have had a challenging year as the network’s mining difficulty reached an all-time high and...Read More
Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading 3 min read Argo Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading admin December 28, 2022 Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec....Read More
Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid 3 min read 70 EH/s Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid admin December 26, 2022 Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports...Read More
While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher 3 min read Bitcoin While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher admin December 18, 2022 Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction...Read More
Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits 3 min read Bitcoin Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits admin December 2, 2022 While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has...Read More
Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity 3 min read Bitcoin Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity admin November 7, 2022 According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie...Read More
Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy 3 min read 24 BTC Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy admin October 30, 2022 One of the largest publicly listed bitcoin miners, Core Scientific, has shaken investors with a recent filing...Read More
Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’ 2 min read Bitcoin Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’ admin October 22, 2022 Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before...Read More
Bitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7 Exahash 3 min read 4.7 EH/s Bitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7 Exahash admin October 12, 2022 On October 11, the publicly-listed bitcoin miner Cleanspark announced that it has completed the acquisition of Mawson...Read More
Progress Toward Bitcoin’s Halving Is 60% Complete, Block Times Suggest Reduction Could Happen Next Year 4 min read $20K region Progress Toward Bitcoin’s Halving Is 60% Complete, Block Times Suggest Reduction Could Happen Next Year admin October 10, 2022 According to countdown statistics based on the average block generation time of around ten minutes, progress toward...Read More
SAI Tech Reveals 2 New Liquid Cooling Bitcoin Mining Containers Built for Overclocking Flexibility 4 min read Antbox SAI Tech Reveals 2 New Liquid Cooling Bitcoin Mining Containers Built for Overclocking Flexibility admin September 29, 2022 On September 28, the bitcoin mining operator and clean-technology company, SAI Tech, announced the launch of two...Read More