Mining

Bitcoin mining operator NFN8 Group Inc. and its subsidiaries have gone down the dreaded path of formally filing for Chapter 11 bankruptcy. The company seeks court protection from creditors after…

Morgan Stanley initiated coverage of three publicly traded bitcoin BTC$70,151.59 mining companies on Monday, backing two names tied to data center leasing while taking a more cautious stance on a…

Bitcoin’s $BTC$68,894.78 mining difficulty dropped by around 11%, its largest decline since China’s 2021 crackdown on the industry, after a sharp decline in hashrate triggered by plunging prices and…

According to Bitcoin Core developer Peter Todd, approximately 10% of the global hashing power has been turned off in recent days. This is likely to be a direct response to the market downturn that…

The Bitcoin network mining difficulty, a metric tracking the relative challenge of adding new blocks to the Bitcoin ($BTC) ledger, fell by about 11.16% in the last 24 hours, the worst drop in a single…

On-chain data reveals a significant Bitcoin mining difficulty adjustment, with the network’s complexity plunging by 11.16% this week. This substantial drop represents the most dramatic single decrease…

Many things have changed since Satoshi Nakamoto mined the first Bitcoin block on January 3, 2009. Nowadays, mining has become a much more serious and complex endeavor, so it makes perfect sense to…

Several local mining experts agree that there is sufficient gas in the country to establish a mobile fleet of bitcoin miners directly adjacent to oil extraction operations. Estimates set the gas lost…

Calvin James The biggest Bitcoin mining facility in Russia, BitRiver, has found itself in an expanding legal and financial crisis…

IREN’s (IREN) latest earnings offered a snapshot of a company mid-transition, with shares currently paying the price for that transition. The firm reported weaker-than-expected revenue and earnings as…