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…
Cyril Ramaphosa, President of South Africa, has signed a historic agreement on minerals and green energy with the European Union in a trilateral meeting ahead of the G20 summit. South Africa has…
The leading Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, which is based in China, is reportedly under investigation in the US over national security concerns.…
Trump backed $ABTC just dropped its first earnings as a public company. This “not just a miner, not just a treasury” company is now targeting 50 EH/s to power its BTC-focused growth strategy. The…