The Misunderstood Tale of Bitcoin Mining’s Survival in China, Was There Never an Official Bitcoin Mining Ban? cryptonewsland.com 28 August 2024 08:23, UTC China’s Bitcoin mining still contributes 15% to the global hashrate despite reports of an official ban. China’s 2021 Bitcoin mining ban was a temporary suspension, not a permanent shutdown. China’s Bitcoin…
This Wall Street Bitcoin Company Mines Revenue despite Bitcoin Drought financemagnates.com 28 August 2024 08:24, UTC The publicly-listed Bitcoin (BTC) miner from Wall Street (NASDAQ: ARBK) and London Stock Exchange (LSE: ARB), Argo Blockchain, announced today (Wednesday) its interim results for the first half of 2024. The company reported an 18% increase in revenue…
Crypto News Today: Is Bitcoin Mining Holding the Texas Electricity Grid Hostage? coinpedia.org 28 August 2024 07:33, UTC Bitcoin miners are again in the hot seat, with recent revelations from The Economist causing a stir. Environmental activists have long criticized the industry for its energy consumption, and now, new claims have reignited the debate….
Bitfarms assumes control of 120 MW mining mega-site in US cointelegraph.com 28 August 2024 09:50, UTC cointelegraph.com
Paraguay’s Power Fee Hikes Impact Bitcoin Miners: Industry Faces Uncertainty Amid Rising Costs en.coinotag.com 27 August 2024 00:23, UTC The recent increase in electricity costs has begun to reshape the landscape for bitcoin miners in Paraguay. As energy prices rise, industry representatives express concerns about the long-term viability of crypto mining operations in the…
Bitcoin miner Rhodium files for bankruptcy in Texas court cointelegraph.com + 1 more 26 August 2024 20:00, UTC cointelegraph.com
Bitcoin Mining Giants from Wall Street Feel the Halving Hangover financemagnates.com 27 August 2024 11:01, UTC Revenue for publicly traded Bitcoin (BTC) and other cryptocurrency miners on Wall Street has fallen by 12%. This continues the negative reaction to April’s halving, which reduced block rewards, coupled with low network fees and rising production costs….
