Bitcoin miners continue to feel the crunch, with firms in the space selling more coins than usual to make ends meet. Data firm CryptoQuant said in a Tuesday report that miners last week stepped…
Bitcoin miner CleanSpark (CLSK) is moving away from its strategy of HODLing 100% of the BTC it mines. The Henderson, Nevada-based company said it is returning to selling a portion of the bitcoin mined…
A couple of weeks ago, a report was published revealing that over the last decade, the use of renewable energy for Bitcoin mining has practically doubled. This has also led to a collapse in the use…
14 April 2025 – Tether, the largest company in the digital assets industry, announced today its intention to deploy both existing and future hashrate on OCEAN, a leading Bitcoin mining pool focused on…
This is a segment from The Drop newsletter. To read full editions, subscribe. Abstract, the Ethereum L2 blockchain that claims it’s “leading the next generation of consumer crypto,” is featuring and…
Bitcoin (BTC) mining profitability fell 7.4% in March, investment bank Jefferies said in a research report Friday. The drop was due to a 11.2% decline in the average bitcoin price and a 9.1% drop in…
Nvidia plans to manufacture its next generation of AI chips and supercomputers entirely in the U.S. for the first time, the company said in a statement on Monday. The move reflects rising demand…
A new study has found that Bitcoin mining produces harmful air pollutants, with fine particles from the facilities crossing state borders, affecting areas far from the mines themselves. Between…
Bit Digital, Inc. has secured a lease-to-own agreement for a 202,000-square-foot site in Saint-Jérôme, Québec, to develop a Tier 3 data center supporting its 5MW colocation contract with artificial…
As bitcoin’s valuation languishes near its weakest point since last year—with hashprice, the projected daily earnings for one petahash per second (PH/s) of mining capacity, receding to $40—the…