Bitcoin News / Bitcoinist - 2 years ago
The bitcoin mining cyclicality has been prominent for a while now. This has followed the different bull and bear cycles in the space. These cycles of abundance and lack have greatly impacted the profitability of these miners. So in this report, we ta...
Bitcoin News / Google News Bitcoin - 2 years ago
First Executive order on digital assets development and now bitcoin mining report is on the way, gives hints if there are any regulations from Biden Administration
The cryptocurrencies and networks using proof-of-work mechanisms have been a concern...
Bitcoin News / Google News Bitcoin - 2 years ago
New York City Mayor Eric Adams is right – the bitcoin mining moratorium is a bad idea, says Patricia Trompeter, CEO at Sphere 3D.
Sponsored
Sponsored
By the time you read this, New York Governor Kathy Hochul may have already signed a bill tha...
Bitcoin News / Google News Bitcoin - 2 years ago
North Macedonia to top Bitcoin mining industry soon.
North Macedonia noted a $1.2 million BTC transaction hike in the past 12 months.
Bitcoin mining has been in trend in North Macedonia because of the availability of resources and cheap electric...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) mining companies have suffered in 2022 due to the crypto bear market. Nonetheless, their stocks collectively saw a sharp rebound on July 6, raising hopes that investors have started to buy the dips.
One of the intraday winners was Bitf...
More / Bitcoin Reddit - 2 years ago
US-based cryptocurrency miner Core Scientific sold more than 7,000 Bitcoins in June to pay for equipment costs and pay off debts. In an announcement on July 5, Core Scientific said it sold about $167 million worth of Bitcoin in June at an average pr...
Cryptocoins News / NewsBTC - 2 years ago
It’s official, Intel is part of the bitcoin mining business. The gargantuan technology company announced its “ultra-low-voltage energy-efficient” ASIC chip barely six months ago, and it’s already here. Under normal circumstances, infrastructural supp...
Bitcoin News / Bitcoin.com - 2 years ago
According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was bei...
Bitcoin News / Bitcoinist - 2 years ago
The PoW mining sector is of interest to the Biden administration. The White House is getting ready to publish a report on blockchain mining, according to Costa Samaras, the Office of Science and Technology Policy’s (OSTP) principal assistant di...
Bitcoin News / Bitcoinist - 2 years ago
Duke Energy, the second largest electric power provider in the United States, is reportedly considering bitcoin mining. According to reports, the company intends to incorporate bitcoin mining into its demand response approach.
Lead Rates & Regula...
Bitcoin News / Google News Bitcoin - 2 years ago
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bit...
Bitcoin News / Bitcoin.com - 2 years ago
While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on the devices they operate. Despite miner profits sliding, Bi...
Bitcoin News / Bitcoinist - 2 years ago
The entry of Samsung into 3-nanometer foundry processor manufacturing kicks off, and the South Korean company will reportedly start producing Gate-All-Around-based chipsets this week, Samsung New3sroom disclosed on Thursday.
The electronics juggernau...
Bitcoin News / Bitcoin.com - 2 years ago
The electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said. The new chip design has caused speculation among the cr...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin mining has been seeing a decline in profitability in recent times. This comes as no surprise given the drop in the value of the token and since profitability largely depends on what price BTC is trading at, it has led to a decline in cash flo...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) visiting the $20,000 range after one and a half years made mining — the most important job of the ecosystem — a costly affair. However, if history were to repeat itself, BTC investors may witness another epic bull run that previously he...
Cryptocoins News / Blockchain - 2 years ago
Aspen Creek Digital Corporation ("ACDC"), a U.S.-based crypto mining firm, announced on Thursday that it has launched Bitcoin mining at a six-megawatts solar-powered facility in the western part of Colorado.
Aspen said its mining operation is co-lo...
Cryptocoins News / NewsBTC - 2 years ago
While many states across the US are leaving no stones unturned to entice crypto mining companies to set up shop in their respective jurisdictions, New York’s lawmakers are moving in the opposite direction.
As the NY State Legislature entered the ele...
Bitcoin News / Bitcoinist - 2 years ago
The Environmental Protection Agency or EPA keeps receiving mail. This time, 14 members of Congress provided the counterpoint and singled out the environmental benefits of bitcoin mining. They also made a point about how crucial this industry is, and...
Cryptocoins News / Blockchain - 2 years ago
Nevada-based bitcoin mining firm CleanSpark, Inc, announced on Thursday that it has placed a purchase order for 1800 Antminer S19 XP units as it continues expanding its infrastructure.
Once fully deployed, CleanSpark expects the mining machines to...