Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June news.bitcoin.com 13 July 2024 20:10, UTC Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of 1 petahash per second (PH/s) of hashrate remains notably low at $47.79 per PH/s. Despite the revenue decline, Bitcoin’s hashrate…
Bitfarms announces special meeting date crypto.news 12 July 2024 15:56, UTC Bitcoin mining company Bitfarms has announced the date for a special shareholder meeting following Riot Platforms’ attempt to acquire its rival. Bitfarms, one of the largest Canadian crypto mining companies, has announced a special shareholder meeting for October 29, in response to a…
Chinese Bitcoin company centralizes mining operations, study suggests finbold.com 10 July 2024 19:57, UTC Bitcoin (BTC) is the leading cryptocurrency whose core value lies in being secure and uncensorable money powered by a decentralized network of miners, reaching consensus over its users’ transactions. However, experts have challenged Bitcoin’s long-term security model and decentralization status…
As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in coindesk.com 10 July 2024 20:37, UTC After the U.S. Department of Energy’s (DOE) first attempt to survey crypto mining companies about their energy usage was kneecapped by a lawsuit, the department is getting ready to try again – but this…
U.S.-Listed Bitcoin Miners' Share of Global Hashrate Reached Record in July: JPMorgan coindesk.com 16 July 2024 14:02, UTC Bitcoin miners rallied strongly in the first two weeks of the month. JPMorgan notes that U.S.-listed bitcoin miners’ share of the global hashrate hit a record 26.6%. Every miner except Stronghold Digital outperformed bitcoin over this…
Loka Launches Bitcoin Mining Pool for Institutional Investors With Support From Hashlabs coindesk.com 16 July 2024 14:11, UTC Investors gain access to bitcoin at below market rates via forward hashrate contracts directly from miners. Miners have immediate access to liquidity and can hedge against market volatility. Loka Mining has launched a protocol with a…
This Wall Street Bitcoin Miner Produced 63% Less BTC in July 2024 financemagnates.com 05 August 2024 10:03, UTC Publicly traded on Wall Street and the London Stock Exchange (LSE), Bitcoin (BTC) miner Argo Blockchain presented today (Monday) its latest report on cryptocurrency production for the month of July. The result of 48 mined BTC…
