Bitcoin’s hashrate fell by about 10% in a single day on Sunday, with Jianping Kong, former co-chairman of Bitcoin mining hardware producer Canaan, attributing it to mining farms shutting down in China’s Xinjiang autonomous region. […]
Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators. […]
Bitcoin miners, which can acquire the cryptocurrency at below-market costs, could be in the best position to shape corporate adoption as accumulation by crypto treasury companies slows, says BitcoinTreasuries.NET. Bitcoin (BTC) treasury companies are projected […]
Turkmenistan has approved a sweeping law to legalize and tightly regulate the cryptocurrency industry, marking a major policy shift for one of the world’s most closed economies. According to a Nov. 28 report from local […]
Why rigs are going dark Miners are working through one of the toughest margin environments the industry has faced in years. According to a recent breakdown, hash revenue for large public miners has fallen from […]
Shares in IREN recovered on Wednesday after the Bitcoin miner said it would raise $3.6 billion through a combination of share sales and a convertible debt offering as it races to deploy computers to meet […]
Bitcoin (BTC) clawed back from $86,286 on Dec. 2 to $93,324 as of press time, up by 8%, while the Trump family’s American Bitcoin (ABTC) shares tumbled. The BTC price increase can be attributed to […]
Tether, issuer of USDT, the world’s largest stablecoin, has halted Bitcoin mining operations in Uruguay because of rising energy costs. “We can confirm that we have paused operations in Uruguay,” a Tether spokesperson told Cointelegraph […]
Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks sustainable ways to meet its power […]
The US government has opened a security review into Bitmain, the Beijing-based manufacturer that sells most of the world’s Bitcoin mining rigs. A months-long federal investigation, known internally as Operation Red Sunset, has been probing […]
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