U.S. entrepreneur Eric Trump has shared a sneak peek into American Bitcoin’s mining facility, which mines 2% of the Bitcoin supply daily. In a video shared on X, Eric Trump offered the crypto…
According to the latest metrics, mining bitcoin has officially climbed into the runner-up spot for proof-of-work (PoW) profits, landing just behind the privacy coin zcash. ZEC Mining Profit Increases…
Bitcoin miners are facing a sharp squeeze on profits as the network’s computing power reaches record levels. While more miners compete to secure the blockchain, the reward per unit of computing power…
Profitability across the Bitcoin mining industry is facing new strain amid rising network competition and declining revenue conditions. Bitcoin miners are facing a fresh squeeze as the network’s…
According to Reuters, while China, one of the world's largest economies, continues to implement strict bans on Bitcoin (BTC) and cryptocurrencies, a surprising incident has occurred. According to the…
Bitcoin BTC$86,137.94 mining is experiencing a significant revival in China even though the activity was formally banned in 2021, according to Reuters. After almost disappearing from the global…
Bitcoin’s hashprice has fallen to a new all-time low below $35 per petahash per second (PH/s), hit by the combination of bitcoin’s price drop and persistently high network difficulty. This article is…
Bitcoin miners are aggressively draining their reserves in a bid to shore up balance sheets against a historic collapse in revenue efficiency. Data from CryptoQuant reveals that miners have…
With bitcoin down more than 20% this month — marking its harshest monthly showing since 2022 — the network’s hashprice has slipped to levels miners haven’t seen in years. With a little over a week…
A lone Bitcoin miner running roughly 6 terahashes per second of hashpower — an amount so small it barely registers on the network — mined a full BTC block on Friday, earning 3.146 BTC plus fees worth…