Richmond Fed President Thomas Barkin said it is important to closely monitor economic developments and inflation to determine the pace and size of future rate cuts. Barkin Predicts Another 50 Basis…
Sanctioned crypto mining firm BitRiver suggests Russia could soon outpace the U.S. in mining due to favorable regulations. As U.S. presidential candidates increasingly highlight the importance of…
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…