On May 9, CleanSpark said it was buying two mining sites for nearly $19 million in cash, with a 45-day closing, without naming a specific seller. The miner said it will deployRead More…
Bitcoin miner firm Core Scientific posted improved financial results for the first quarter since emerging from bankruptcy. The company reported a total revenue of $179.3 million, marking an increase of $58.6 millionRead More…
Bitcoin soared after the last halving in May 2020, and miners joined in. At the time, there weren’t many large-scale miners. This time around, though, the market is crowded with many large-scaleRead More…
“The methane naturally produced from landfills, biowaste, and elsewhere is often stranded, and Bitcoin miners like Marathon are uniquely positioned to help convert this harmful gas into a productive source of clean,Read More…
The complaint, filed with the Southern District of New York on Friday, alleges Gryphon CEO Rob Chang wired 18 of Sphere 3D’s bitcoin to an address belonging to a fraudster who masqueradedRead More…
United States-based Bitcoin mining company TeraWulf has fired up a new crypto mining facility in Pennsylvania — solely running on nuclear power generated on-site. In Mar. 6 statement, TeraWulf said the NautilusRead More…
Being three weeks removed from the FTX collapse, Bitcoin (BTC) analysts are combing through data to decipher whether more selling will continue or if a bear market floor has been reached. OneRead More…
On-chain data from Glassnode show Bitcoin’s (BTC) movements hit a new record for the largest net decline in aggregate BTC balances on exchanges, reducing by 72,900 BTC in one week. A similarRead More…
When Bitcoin was trading above $60,000, the smartest analysts and financial-minded folk told investors that BTC price would never fall below its previous all time high. These same individuals also said $50,000Read More…
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin. Closely tied to the drop in the BTCRead More…