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Not just Bitcoin price: Factors affecting BTC miner profitability
23.7.2022
As many crypto holders are gearing up for a bear market, what are the factors influencing the mining business?
Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery
23.7.2022
The reduced difficulty allows Bitcoin miners to confirm transactions using lower resources, enabling smaller miners a fighting chance to earn the mining rewards
Bitcoin Mining Difficulty Sees Largest Drop Since July 2021 as Miners Feel the Texas Heat
22.7.2022
The bitcoin mining difficulty adjusted downwards as miners unplugge their machines amid U.S. heatwaves
Bitcoin’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March
22.7.2022
On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June...
Bitcoin Mining Difficulty Sees Its Biggest Fall in 12 Months
21.7.2022
Bitcoin (BTC) mining difficulty has just seen its largest drop in a year, helping miners increase their profitability during this harsh crypto winter.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, dropped by 5% today. This brought it down to 27.69 T...
Q2 Saw Over 59% of Bitcoin Mining on Sustainable Energy Mix - Bitcoin Mining Council
20.7.2022
The global Bitcoin (BTC) mining industry had a sustainable electricity mix of 59.5% during the second quarter of the year, or slightly up compared with the first quarter, according to the latest quarterly survey conducted by the Bitcoin Mining Council.
The survey, which collected data from over...
Bitcoin Mining Survey Shares Improved Results in the 2nd Quarter of 2022
20.7.2022
The Bitcoin Mining Council published the findings of its survey with a core focus on technological efficiency, electricity consumption, and sustainable power mix. The results are impressive enough to reaffirm that the Bitcoin Network will continue to grow with higher efficiency in the times...
Sustainable Bitcoin mining power mix hits 59.5%: BTC Mining Council
20.7.2022
The latest Q2 report also details how energy efficiency among Bitcoin miners is on the rise
Marathon Secures 254 Megawatts to Bolster Company’s 2023 Bitcoin Mining Goals
19.7.2022
The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3...
NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News
19.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: NFT Warning, Bitcoin Mining Academy, Inflation in EU Heats Up + More News
Crypto Mining and Staking Firm Foundry Starts Training Program for Miners
19.7.2022
DCG subsidiary Foundry is launching a training program for mining engineers
Celsius Network Defends Bitcoin Mining Plans Amid Bankruptcy
19.7.2022
The renowned crypto lender Celsius Network defends its Bitcoin mining plans amid bankruptcy concerns. The New Jersey-based venture gained approval from Martin Glenn, a US Bankruptcy Judge, to spend 3.7 million dollars on building a new mining facility. Additionally, the venture is spending...
100X Bitcoin energy use would mean 'absurd' $20M BTC price — developer
19.7.2022
For Bitcoin energy usage to increase to absorb more of the world's waste energy, its market cap would end up being $420 trillion, calculates Sjors Provoost
Bitcoin per transaction cost goes down every four years, coincidence?
18.7.2022
The cost per Bitcoin transaction is calculated by dividing miners' revenue by the number of transactions, thus implying an unpredictive trend
Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says
18.7.2022
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking...
US lawmakers ask about EPA, DOE monitoring of crypto mining emissions, energy consumption
15.7.2022
U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives
ECB report likens PoW to fossil fuel cars, PoS to electric vehicles
15.7.2022
European Central Bank researchers anticipate a clash between the green transition policies and Bitcoin investors
BTC mining costs reach 10-month lows as miners use more efficient rigs
15.7.2022
It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering power demands on the network
CleanSpark scoops up 1K+ mining rigs at 'substantially discounted price'
14.7.2022
“We are seeing unprecedented opportunities in this market,” said CleanSpark president and CEO Zach Bradford
Bitcoin Mining Rig Prices Slump to Near 2-Year Lows Amid Celsius Bankruptcy
14.7.2022
Celsius’ mining unit said to have auctioned off some of its newly purchased mining rigs at low-high $20/TH price back in June, before filing for bankruptcy