Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year news.bitcoin.com 03 August 2024 15:10, UTC In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining…
Bitcoin Network Faces Centralization Challenge as Two Pools Dominate Mining cryptonewsland.com 03 August 2024 20:59, UTC Foundry USA and Antpool now have more than 60% Bitcoin hash rate, which increases the problem of centralization in the Bitcoin network. Centralization of mining power introduces the threat of a 51% attack where a single party gains…
Bitcoin miner Core Scientific reports $805 million net loss in Q2 theblock.co 07 August 2024 22:25, UTC theblock.co
Putin Signs Law Legalizing Cryptocurrency Mining in Russia bitcoinmagazine.com + 5 more 08 August 2024 15:31, UTC Russian President Vladimir Putin has officially signed a law that legalizes cryptocurrency mining in Russia. According to a report by Russian news agency TASS, the law introduces several key concepts, including digital currency mining, mining pools, and…
Northern Data reports 22% revenue increase in Q2 despite Bitcoin halving crypto.news 06 August 2024 12:07, UTC Northern Data announced that its revenue in the second quarter surged by 22%, defying expectations despite the impact of the Bitcoin halving. European Bitcoin (BTC) mining company Northern Data has rolled out its Q2 results published today,…
Bitcoin miner Hut 8 hires former Citigroup exec as new CFO theblock.co 06 August 2024 20:07, UTC theblock.co
Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden news.bitcoin.com 06 August 2024 20:21, UTC Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage. This collaboration with Swedish company Muttern Fastigheter…
