Bitcoin miners, take a breather!🚀 After a challenging 2022, Q1 reports show a bounce in revenue and increased Bitcoin holdings. Rising transaction fees and a YTD uptick in Bitcoin price are the heroes of this recovery. Discover more in our latest analysis. #Bitcoin #CryptoMining #BitcoinNews
On May 7th, Bitcoin miners’ income reached 945.73 BTC, with fee income accounting for 22.02%, indicating a significant increase in miner fee per block.
Russian crypto mining farms have increased in operation and capacity in 2022 despite sanctions and dismal crypto market performance.
The SEC is re-evaluating its climate disclosure rules, which may benefit crypto mining in the US. Read CNL for more.
BlockFi Inc., a defunct cryptocurrency lender, aims to offer loans for around $160 million, secured by some 68,000 Bitcoin mining rigs.
According to a recent Reddit post, Bitcoin (BTC) miners reportedly lose $3,226 on average for each new Bitcoin that enters the market. Read CNL for more.
According to a recent report, Bitcoin miner Core Scientific confirmed that it is possible for it to file for bankruptcy before the end of the year.
Russia’s low energy prices were a major factor in the enormous increase in demand for discounted ASIC crypto-mining equipment in Q4.
Giant Core Scientific, a major BTC miner, predicted that it would need to sell its own BTC at the end of the year because it would run out of money.
While Core Scientific Inc. considers filing for bankruptcy, a group of convertible bondholders is collaborating with restructuring attorneys at Paul Hastings.
Compute North is the latest crypto-related firm to file for chapter 11 bankruptcy. The filing states that the firm owes $500M to 200 creditors….
A BTC mining farm in Ireland is using organic waste as the energy source for its operations. The mining farm is operated by Scilling…
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