Key takeaways: Despite strong macro trends, Bitcoin derivatives show fading investor confidence in sustaining the recent price gains. Bit Digital’s pivot to Ether raises fears that other miners may also unload their BTC reserves. Bitcoin […]
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CoreWeave is negotiating to acquire Bitcoin (BTC) miner-turned-compute host Core Scientific, the Wall Street Journal reported on June 26, citing people familiar with the matter. The cloud infrastructure company attempted to acquire the miner for […]
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What is crypto mining on wheels, and how did Russian authorities discover it? A mobile cryptocurrency mining operation involves installing mining equipment, such as application-specific integrated circuits (ASICs) or graphics processing units (GPUs), in portable […]
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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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