Bitcoin’s hashrate fell by about 10% in a single day on Sunday, with Jianping Kong, former co-chairman of Bitcoin mining hardware producer Canaan, attributing it to mining farms shutting down in China’s Xinjiang autonomous region. […]
Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators. […]
Bitcoin miners, which can acquire the cryptocurrency at below-market costs, could be in the best position to shape corporate adoption as accumulation by crypto treasury companies slows, says BitcoinTreasuries.NET. Bitcoin (BTC) treasury companies are projected […]
Turkmenistan has approved a sweeping law to legalize and tightly regulate the cryptocurrency industry, marking a major policy shift for one of the world’s most closed economies. According to a Nov. 28 report from local […]
Tether, issuer of USDT, the world’s largest stablecoin, has halted Bitcoin mining operations in Uruguay because of rising energy costs. “We can confirm that we have paused operations in Uruguay,” a Tether spokesperson told Cointelegraph […]
Thirteen years ago today, Bitcoin experienced its first halving event, reducing the miner block reward from the original 50 BTC to 25 BTC. Now, with Bitcoin (BTC) having completed four halving events and block rewards […]
Why rigs are going dark Miners are working through one of the toughest margin environments the industry has faced in years. According to a recent breakdown, hash revenue for large public miners has fallen from […]
Bitcoin (BTC) clawed back from $86,286 on Dec. 2 to $93,324 as of press time, up by 8%, while the Trump family’s American Bitcoin (ABTC) shares tumbled. The BTC price increase can be attributed to […]
Shares in IREN recovered on Wednesday after the Bitcoin miner said it would raise $3.6 billion through a combination of share sales and a convertible debt offering as it races to deploy computers to meet […]
Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks sustainable ways to meet its power […]
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