Bitcoin mining approaches quantum computing revolution cryptopolitan.com 23 August 2024 23:02, UTC Bitcoin mining could face its biggest shake-up yet, thanks to the rise of quantum computing. Picture this: A future where quantum computers can solve problems at speeds that make today’s machines look like typewriters next to a modern-day supercomputer. Exciting, right? But…
Bitcoin Mining Opportunity Is Worth About $74B, JPMorgan Says coindesk.com 23 August 2024 12:14, UTC The bank reduced its CLSK, IREN, MARA and RIOT price targets to account for second-quarter results and changes in the price of bitcoin and the network hashrate. JPMorgan prefers Iren and Riot Platforms, and says recent underperformance in these…
Data Shows Bitcoin Mining Giants Foundry and Antpool Seize 56.7% of Network’s Hashrate news.bitcoin.com 24 August 2024 20:23, UTC In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a whopping 56.7% of the network’s total hashrate. Since the year began, Foundry’s hashrate has…
Bitcoin miners have a big profitability problem cryptopolitan.com 23 August 2024 22:45, UTC Bitcoin miners are facing a tough reality right now. The April halving cut rewards in half, from 6.25 BTC to 3.125 BTC per block, making it harder for miners to stay profitable. On top of that, rising energy costs are eating…
Malaysian Authorities Are Destroying Bitcoin Mining Rigs, Here’s Why (Report) cryptopotato.com 24 August 2024 04:23, UTC The Malaysian police are destroying Bitcoin mining rigs as part of a broader crackdown on crypto miners who steal electricity for their operations. A report from local media, Malaysia Gazette, disclosed that the police headquarters in the Perak…
CleanSpark's mining expansion continues with Wyoming facilities cointelegraph.com 01 August 2024 18:17, UTC cointelegraph.com
3rd Largest Bitcoin Miner on Wall Street Boosts BTC Production by 45% financemagnates.com 06 August 2024 10:49, UTC Despite Bitcoin’s (BTC) mixed summer performance, one of Wall Street’s largest cryptocurrency miners managed to increase production. Riot Platforms (NASDAQ: RIOT) reported in its latest report a 45% increase in mining to 370 BTC in July….
