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Hut8 relocates 6,400 rigs, sees growth in AI & high performance computing

3.7.2023
Bitcoin mining firm Hut8 continues to relocate miners from idle North Bay site as demand for AI and high power computing drives new demand

Miners send millions to exchanges — 5 things to know in Bitcoin this week

3.7.2023
Bitcoin miners appear to be reducing risk as the significance of BTC price above $30,000 remains firmly in evidence

June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags

2.7.2023
Over the past 30 days, bitcoin miners discovered 4,324 block rewards during the month of June, with approximately 37 mining pools dedicating hashrate to the blockchain. The blockchain achieved two milestones in June, as the network reached an all-time high in hashrate on June 11, and three days...

Crypto Biz: Binance’s chaotic June, miners gear up for halving, Bitfinex’s Latam expansion

30.6.2023
This week’s Crypto Biz looks at the story behind Binance’s debanking in Australia, Bitcoin miners preparing for the next halving, and Bitfinex’s expansion in Latin America

Applied Digital Stock Surges 12% After Announcing Its Third AI Deal

30.6.2023
Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service

Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs

30.6.2023
Hive wants to provide enterprise AI training in its fleet of GPUs

Bitcoin Cash Hashrate Gains Momentum: Miners Flock to BCH as Profitability Surges

30.6.2023
Over the past two weeks, bitcoin cash has experienced a significant surge, increasing 182% against the U.S. dollar and attracting more hashrate to its network. Approximately 22 bitcoin cash mining pools are now allocating SHA256 hashrate to the chain as BCH is currently 2.7% more lucrative to mine...

Bitcoin Difficulty Takes a Dip: Network’s First Downward Adjustment in 56 Days Signals Easier Mining Ahead

29.6.2023
On June 28, 2023, Bitcoin saw its first downward difficulty adjustment in 56 days, or since May 4, with a decline of 3.26%. This modification lowered the network’s difficulty to 50.65 trillion from its record high of 52.35 trillion on June 14. Bitcoin Mining Gets a Breather: Difficulty...

Landmark Report: Canadian Lawmakers Advocate for Comprehensive Blockchain Strategy

29.6.2023
Canadian lawmakers' recent report has recognized blockchain, crypto, and mining as innovative industries with "significant, long-term" potential, in need of better regulation. In September last year, the Canadian House of Commons Parliamentary Standing Committee on Industry and Technology (INDU)...

Will Bitcoin ever trade below $27,000 again?

28.6.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin will ever be below $27,000 again. Have you missed your chance to purchase some sats at sub $30,000 levels?

Syscoin Developer Launches Ethereum-Compatible Layer 2 Network Secured by Bitcoin Miners

28.6.2023

Texas Bitcoin Miners Scale Back Operations Amidst Heat Wave

28.6.2023
Bitcoin (BTC) miners in Texas have halted operations after a heat wave and subsequent surge in elcetricity price put the state's power grid under pressure. Crypto miners in the region as well as grid manager the Electric Reliability Council of Texas, or Ercot, have confirmed the pause in mining...

Crypto Miners Sent Over $1B Bitcoin to Exchanges Over Two Weeks: CryptoQuant

28.6.2023
Miners usually sell bitcoin at favorable prices to keep their extensive computing operations running

Bitcoin miners send record $128M in revenue to exchanges

28.6.2023
Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react

Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'

27.6.2023
Coinbase has offered to lend $50 million to Hut 8, one of the world’s largest publicly traded Bitcoin (BTC) mining firms, the latter firm said in a press release.... Read More: Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'

2023 Bitfufu Mid-Year Festival: All in Bottom Mining! Up to 20% Off

27.6.2023
PRESS RELEASE. [Singapore], 27th June 2023 – Bitfufu, a leading crypto mining platform, announces the highly anticipated 2023 Bitfufu Mid-Year Festival. Enjoy incredible deals and promotions, maximizing your mining returns. With the theme “All IN BOTTOM MINING! UP TO 20% OFF,”...

Bitcoin Mining ‘the Highest User of Sustainable Energy’ New Data Reveals

27.6.2023
Bitcoin mining is the highest user of sustainable energy and has similarly achieved the highest increase in sustainable energy mix between July 2019 and June 2023, new data has shown. The data also shows that bitcoin mining’s emission intensity has declined from more than 500 g/kWh seen in July...