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Bitcoin miners are holding onto their assets even as mining profitability dips to multi-month lows, a new CryptoQuant report shared with CryptoSlate shows. The data reveals that miner revenues dropped to $34 million on June […]
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Bitcoin’s hashrate saw its most dramatic fall of the last three years between June 15 and Tuesday, according to Blockchain.com data. Bitcoin’s hashrate decreased from nearly 943.6 billion terahashes per second (TH/s) on June 15 […]
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Mineral exploration company Panther Metals Plc has announced a Bitcoin treasury strategy combining traditional mining assets with Bitcoin holdings, leading to a surge in its stock price on Monday. In a statement, the UK-listed mining […]
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Bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan has completed a pilot production run in the US and abandoned its AI hardware manufacturing efforts. In a statement sent to Cointelegraph on Monday, a Canaan representative […]
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On-chain data shows that Bitcoin’s (BTC) “ancient supply” is increasing faster than new BTC daily issuance, according to a June 18 research by Fidelity Digital Assets. The report treats ancient supply as Bitcoins that have […]
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