Daily mining revenue and gross profit fell for a third consecutive month in September, the report said. The bank noted that the network hashrate rose 2% from August. Daily block reward gross profit…
According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul.…
Bitcoin mining firm NewRays is suing a judge and prosecutor, alleging that they selectively enforced noise legislation against the company. In the complaint, NewRays states that despite other…
Proton Management argues that Swan Bitcoin never owned the mining business in question, as it was part of 2040 Energy, a separate entity funded by Tether in which Swan holds only a minority stake.…
Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last four days alone. Hashprice…
Bitdeer Technologies Group has tested its SEAL02 chip, reaching an efficiency target in Bitcoin mining. Bitdeer Technologies Group announced on Sept. 26 the successful testing of its latest (BTC)…
Bitcoin (BTC) mining firm Hut 8 has initiated its GPU-as-a-service vertical, generating revenue from an AI cloud developer’s inaugural GPU cluster. The cluster in a tier-three data center in Chicago…
Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block subsidy is 4.6% easier…
Prominent American television host Bill Maher recently took aim at the perceived wastefulness of cryptocurrency mining during the latest episode of "Real Time with Bill Maher." "There's the other big…
Given Russia’s recent pivot toward cryptocurrency adoption at the government level, one might assume that the era of underground digital asset operations is over in the country. Recent developments…