Tag: mining

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Bitcoin Mining Hits Record Difficulty as Countdown to 2024 Halving Begins

On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining difficulty now stands...

Crypto Update | Dencun Is a Milestone, But the Real Price Driver Is Ether ETF Hope, Says Brian Dixon

To get the show every day, follow the podcast here.Traders have a lot to point to in markets for the bull case: risk...

Nasdaq-Listed Bitcoin Mining Companies Bounce Back From Recent Downturn

Following a dynamic period of activity in the crypto market on Friday, stocks of publicly traded mining companies have recovered from their recent...

Crypto Update | Bitcoin’s March to $69K, Is It 2020 All Over Again? With CoinFund’s Seth Ginns

To get the show every day, follow the podcast here.On "Markets Daily," host Jennifer Sanasie is joined by CoinFund Managing Partner Seth Ginns to...

Hut 8 Shuts Canadian Bitcoin Mining Site to Strengthen Efficiency and Financials

Hut 8 (Nasdaq | TSX: HUT), a prominent cryptocurrency mining corporation, has shuttered its Bitcoin mining site in Alberta, Canada. Announced yesterday (Wednesday),...

5 Ways Bitcoin Mining Benefits Ethiopia

Ethiopia is emerging as Africa's most promising bitcoin mining hub, poised to claim a significant share of the global hashrate as the hum...

Crypto Update | Bitcoin Notches New All-Time High Above $69K

To get the show every day, follow the podcast here.The moment crypto traders have been waiting for is here: bitcoin has reached a...

Bitcoin Miner Bitdeer Says It Has Launched Its ‘First Cryptocurrency Mining Chip’

Bitdeer, a bitcoin miner, recently announced the launch of what it refers to as its “first cryptocurrency mining chip.” Bitdeer claimed that the...

Bitdeer Announces New 4nm Bitcoin Mining Chip SEAL01

Bitdeer, a leading technology firm specializing in Bitcoin mining and high-performance computing, has unveiled the SEAL01, a new mining chip built on a...

Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline

In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this sum coming from...

US Drops Emergency Survey Of Bitcoin Mining Amid Legal Tussle

The US Department of Energy (DOE) and Energy Information Administration (EIA) have scrapped their emergency survey of Bitcoin mining’s power usage following a...