Search
Bitcoin Miners Revenue Plunge 48% as Halving Impact Kicks In
14.5.2020
Revenue for Bitcoin (BTC) miners plunged 48% a day following the third halving, as the full impact of the periodic supply cut event began to take effect. According to data from crypto company Blockchain, the total value of block subsidies and transaction fees paid to miners crashed to $8.95 million...
Market Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin Price
13.5.2020
A slowly rising bitcoin price might not help some miners run profitable operations now that the halving is in the past
Some Bitcoin Miners Flock to Bitcoin Cash And Bitcoin SV
13.5.2020
While it might take weeks until we have a clear picture of the Bitcoin network after its third halving, it looks like some of its miners have already turned to Bitcoin Cash (BCH) and Bitcoin SV (BSV).
BCH saw its hashrate almost doubling on the day of BTC's halving, on May 11. As reported, after...
Up to 30% of Bitcoin Miners Close Shop as Business Turns Unprofitable After Halving
12.5.2020
About a third of Bitcoin (BTC) mining firms may already be switching off their machines as the business becomes unprofitable due to a reduction in mining rewards. The third Bitcoin halving – consummated earlier today – reduced supply of the pioneering cryptocurrency, cutting the bonus...
Bitcoin’s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time Estimates
11.5.2020
The Bitcoin blockchain has experienced its third block reward halving on May 11, 2020, at approximately 3:21 p.m EST, even though quite a few countdown clocks estimated that the halving would occur on May 12. Bitcoin miners now get 6.25 BTC per block rather than the 12.5 BTC they acquired before...
Bitcoin Miners Sell BTC Months After Halving, On-Chain Data Suggests
10.5.2020
The Bitcoin halving is just one day away, and historical data suggests a post halving selloff isn’t guaranteed
Bitcoin Miners Send Bullish Signs Ahead of Halving
8.5.2020
There's some bullish news from the mining industry ahead of Bitcoin (BTC) halving. Miners are hoarding BTC, expecting higher prices and buying rigs in the thousands, while the recent rally has made older rigs profitable once more, thus pulling many miners away from the exit door.
The miners have...
Europe’s Biggest Nuclear Station Might Give Electricity to Bitcoin Miners
6.5.2020
Cooling towers at Zaporizhzhia Nuclear Power Station. Ukraine’s plan to offset the financial chaos of the coronavirus pandemic might involve nuclear-powered cryptocurrency mining, says its energy ministry.
Yesterday, the country’s Ministry of Energy and Environmental Protection announced that...
Bitcoin Mining Difficulty Nears All-Time High in Final Adjustment Before Halving
5.5.2020
Bitcoin mining difficulty increased to 16.10 trillion (T) on Tuesday, close to the network’s all-time high of 16.55 T recorded in March
Bitcoin Miners Usually Create 6 Blocks per Hour. They Just Banged Out 16
1.5.2020
In a significant deviation from the norm, bitcoin miners just produced 16 blocks in 63 minutes
Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019
1.5.2020
Bitcoin mining firm Argo Blockchain said an 11-fold increase in revenues shows pivoting away from mining-as-a-service was a good move for the company
Hut 8: The Struggles of One of Canada’s Largest Miners
28.4.2020
CoinDesk Research presents an in-depth look into one of the largest publicly listed mining companies, Hut 8. The upcoming halving will impact mining operations everywhere – we look at Hut 8’s financials and operations to get a feel for what lies ahead
China’s Rainy Season Is Coming. This Time Bitcoin Miners Aren’t Investing
23.4.2020
With bitcoin’s price drop and imminent halving, mining farms in China are struggling to fill slots despite the coming rainy season, when power is cheap
Negative Oil Prices Could Hurt Bitcoin Miners Who Use Flared Gas
20.4.2020
North American bitcoin miners who've bet on fossil-fuel extraction to power their rigs are watching the oil markets closely as prices sink to historic lows
In Canada They’re ‘Essential,’ In Argentina They’re Shut Down: Bitcoin Miners Reckon With COVID-19
17.4.2020
Here's how the "Great Lockdown" is redrawing the bitcoin mining landscape. The halving and economic crisis may be priced-in – but local politics aren't
MicroBT Rolls Out 3 New Bitcoin Miners to Compete With Bitmain Ahead of the Halving
17.4.2020
The Shenzhen-based firm is rolling out three new top-of-the-line bitcoin miners hoping to eat further into Bitmain's market dominance
Bitcoin Miners Reveal Concerns Over Mining Rig Shipment Delays and Bitcoin Halving
15.4.2020
The cryptocurrency market rout in mid-March, which saw bitcoin’s price slide significantly in value, has strained bitcoin mining operations by slashing considerable revenue from the block rewards. Moreover, shipping delays from mining manufacturers have caused uncertainty and mining...
Blockchain Bites: ‘Immunity Passports,’ a Darknet Pharmacist and How Bitcoin Miners Prepare for the Halving
13.4.2020
Cryptography can solve privacy concerns stirred up by COVID-19; Bitfinex moves more than one billion dollars worth of bitcoin for less than a dollar
Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’
10.4.2020
During the first week of March, news.Bitcoin.com reported on a $65 million investment into the ‘behind-the-meter’ bitcoin mining operation, Greenidge Generation LLC in Dresden, New York. The Greenidge plant operates 7,000 bitcoin miners and on April 8, the firm revealed the sale of...
No More Relief for Bitcoin Miners - Mining Difficulty to Increase Again
7.4.2020
The previously expected even bigger relief for the Bitcoin (BTC) miners is not coming. Instead, starting tomorrow, Bitcoin mining difficulty, used as a measure for how hard it is to compete for mining rewards, is set to increase as more miners turned their machines on in the past two weeks....