Bitcoin miners are facing a tough reality right now. The April halving cut rewards in half, from 6.25 BTC to 3.125 BTC per block, making it harder for miners to stay profitable. On top of that, rising…
The Malaysian police are destroying Bitcoin mining rigs as part of a broader crackdown on crypto miners who steal electricity for their operations. A report from local media, Malaysia Gazette,…
Bitcoin mining could face its biggest shake-up yet, thanks to the rise of quantum computing. Picture this: A future where quantum computers can solve problems at speeds that make today’s machines look…
The bank reduced its CLSK, IREN, MARA and RIOT price targets to account for second-quarter results and changes in the price of bitcoin and the network hashrate. JPMorgan prefers Iren and Riot…
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry.…
The publicly listed Bitcoin (BTC) miner from Wall Street, Core Scientific (NASDAQ: CORZ), has repaid $267 million in debt using proceeds from its recently closed convertible senior notes offering.…
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine. With Bitcoin’s hashprice being relatively low, miners have been…
Gryphon Digital Mining, Inc. (NASDAQ: GRYP) has taken a big step in lowering its power costs by acquiring Bitcoin mining operations in Louisiana that leverage ultra low-cost electricity at…
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Canaccord raised its Cipher Mining price target to $7 from $6 while maintaining its buy rating on the shares. The company's bitcoin mining business remains a standout in the sector, the report said.…