Miners

Dennis Porter, the CEO of a non-profit, Satoshi Action Fund, has notified the crypto community that Bitcoin miners across the United States reportedly face pressure from the Energy Information Administration (EIA) after being sent…

© Reuters. A CCTV monitor shows a landslide at an Anagold Mining operation in Ilic, Turkey February 13, 2024 in this screen grab from a social media video. Mustafa Sarigul via X/via REUTERS By Can Sezer and Ceyda Caglayan ISTANBUL…

Chinese Bitcoin miners have set their sights on Ethiopia in a strategic move driven by the pursuit of cheap energy and favorable climates. Last spring, cargo containers near electricity substations linked to Africa’s…

Analysts at crypto exchange Bitfinex have attributed the plunge in BTC’s price to Bitcoin miners who leveraged the asset’s recent rally to make a profit. According to the latest edition of the Bitfinex Alpha report, the BTC…

The Biden Administration is imposing new reporting requirements on all U.S. cryptocurrency miners to disclose data related to how much electricity they consume. The so-called “Emergency Survey” marks another attempt by the…

A significant shift is occurring in the Bitcoin mining landscape as the fourth halving event approaches, which is set to reduce the supply subsidy of BTC from 6.25 BTC for every block to 3.125 BTC per one. With…

Bitcoin mining appears to be a safe haven-like alternative for those seeking options to earn BTC while remaining cautious about exposing their funds to market fluctuation risks. Despite the high competition for bitcoin…

Bitcoin has seen a plummet of almost 7% today as on-chain data shows the miners have continued to apply their selling pressure. Bitcoin Miner Reserve Has Continued To Head Down Recently As pointed out by analyst Ali in a new post…

The revenue collected by Bitcoin (BTC) miners as transaction fees in 2023 reportedly averaged about $2 million per day, signifying a 400% jump year over year. Jameson Lopp, co-founder of Bitcoin self-custody platform Casa, shared the data…

Bitcoin (BTC) miner Hive Digital Technologies says the move to acquire a fleet of Bitmain mining rigs last year has already paid for itself, due in large part to a significant increase in the price of Bitcoin. In a Dec. 8 statement, Hive…