Following Bitcoin's plunge below the $100,000 level, miners are finding it much more difficult to make money. With electricity costing $0.06 per kWh, even those miners who use efficient mining…
Bitcoin’s price is currently digging for gold, having fallen from highs above $120,000 to around $96,000, and it has triggered a sharp downturn in the mining sector, with revenues plunging to April…
Bitfarms, one of North America's leading mining companies, has announced that it plans to make a radical change in its operations and completely end Bitcoin mining within the next two years. Bitfarms…
Bitfarms will shut down its Bitcoin mining operations over the next two years and gradually convert them into AI-focused high-performance computing data centers. Summary Bitfarms will shut down its…
At block height 923328, the Bitcoin blockchain logged its 23rd difficulty adjustment of the year, marking the seventh downward shift in 2025 and easing the mining process by 2.37% for those pursuing…
Publicly traded Bitcoin miner Bitfarms will wind down its BTC operations and pivot to AI infrastructure, the firm announced on Thursday. The announcement comes alongside the firm’s third-quarter…
Bitfarms, one of North America’s largest Bitcoin miners, announced it will gradually wind down its mining operations over the next two years. The company plans to shift its focus to high-performance…
Miners were among the active depositors of BTC on Binance, joining the inflows from newly created whale wallets. Miner reserves remain high, but can still produce short-term selling pressure. Miners…
Singapore-based cloud Bitcoin miner BitFuFu doubled its third-quarter revenue from the previous year, driven by demand for cloud mining and equipment as miners sought to capitalize on the rising price…
A fire in Massillon, Ohio affected two buildings belonging to publicly traded Bitcoin miner Bitdeer, the firm announced. The Tuesday fire was extinguished shortly after the local fire department was…