The rate of return per hash rate is at its lowest point this year. It costs between USD 18,000 and USD 20,000 to generate just one bitcoin (BTC).
Bitcoin mining is not going...
The miner sold 3,000 BTC, almost half of its treasury of the flagship digital asset, as part of a plan to re-organize its reserves amid declining prices.
Amid price decay in the market,...
According to Coin Metrics and Glassnode, miners stopped selling their bitcoin holdings. The bitcoin price recovered at least 6% and now returns to a price registered at USD 20,600.
Bitcoin miners stopped selling...
In May 2022, public mining companies sold 4,411 BTC. Cryptocurrency mining companies are on the brink of survival. Businesses are forced to exchange BTC for fiat to pay for electricity as well as employee salaries.
The congresspeople believe banning proof of work will stifle innovation and erode economic gains. They acknowledged that a significant part of BTC mining uses renewable energy sources.
Fourteen US senators and representatives, led...
Gazpromneft is the third-largest oil entity based in Russia, which joined forces with BitRiver to encourage Bitcoin mining locally with the energy extracted from its activities.
Russia-based state-owned gas entity Gazpromneft revealed an...
Although the Major previously highlighted that he does not support crypto mining, Adams will suggest to Governor Hochul that she veto the controversial New York bill.
New York City Mayor Eric Adams opened...
Bitcoin miners receive just USD 0.10 for every terahash they invest on the network. On June 11th, the hashprice break began, accumulating falls of 23% in a few hours.
The drop in the...
Developers want to harm users as little as possible before the merger occurs. This activity had already suffered too much delay.
The difficulty bomb, which will sharpen the final details for Ethereum mining...
New York has approved a bill to ban Bitcoin mining operations that allegedly harm the environment with carbon emissions. A law circulating in the US Senate aims to treat crypto assets as commodities.
