In April, pseudonymous researchers Mononaut and 0xB10C confirmed a long-held suspicion that Bitmain influenced a concerning percentage of the bitcoin mining network. Today, follow-up research confirms…
Bitcoin miners are bailing on the crypto grind, switching gears to artificial intelligence (AI) as rising energy costs make it harder to turn a profit. Mining Bitcoin used to be a cash machine, but…
The difficulty of mining bitcoin has reached an all-time high of 92.6 terahashes, increasing by over 10% since early July, which could strain miners' profitability due to higher operational costs.…
Bitcoin mining has seen exponential growth since the first ASIC miner was shipped in 2013, improving hardware efficiency from 1,200 J/TH to just 15 J/TH. While these advancements were driven by better…
The debate over cryptocurrencies’ environmental impact has intensified as governments, corporations, and investors focus on Environmental, Social, and Governance (ESG) concerns. Bitcoin, the world’s…
The Bitcoin mining difficulty reached a new all-time high of 92.67 trillion on September 11. This represents a 3.04% increase over the last 24 hours and continues an upward trajectory in mining…
In the midst of shrinking revenues and rising operational costs, industry experts tell Decrypt that Bitcoin miners are continuing to invest in new, specialized hardware, displaying strong confidence…
Bitcoin (BTC) mining experienced a significant drop in profitability in August as both the average Bitcoin price fell and the network hashrate increased, according to a research report by investment…
Bitcoin mining was notably less profitable in August than July, the report said. Jefferies said September could be another difficult month for the miners as bitcoin remains below $60K and the network…
The Bitcoin mining sector keeps on expressing resilient conviction, with the hash rate of the network pushing toward exclusive all-time highs. According to Glassnode, a well-known crypto market…