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Nalezeno "mining bitcoin": 1374

Foundry, Antpool, and Viabtc Dominate Bitcoin Mining: Here’s Why


Bitcoin mining pools Foundry, Antpool, and Viabtc collectively command over 65% of the network’s global hashrate, amplifying their dominance through scale, competitive fee models, and tailored incentives for participants. What Are Mining Pools? Collaborative mining pools aggregate computational...

Bitcoin’s Hashrate Bounces Back: Miners Power Through Revenue Dip


Bitcoin’s hashrate has bounced back impressively after dipping to 752 exahash per second (EH/s) on Feb. 25, now climbing to 819.65 EH/s, even as earnings took a notable hit in March. Earnings Drop, Hashrate Rises The network’s computational strength has strengthened, currently sitting over 67 EH/s...

Hive Digital Doubles Down on Paraguay Bitcoin Mining Expansion


“Hive Digital Chairman Frank Holmes stated that the company expects to expand its capacity by over 400% with its initiatives in Paraguay, a country that offers ample hydroelectric energy for the company’s operations. Hive Digital Hypes 400% Expansion in Paraguay Hive Digital, one of...

Report: Bitcoin Miners Sitting on 100K BTC Fortune — But Owe $4.6B


According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there’s a catch — these businesses have also taken on a hefty $4.6 billion in debt. Bitcoin Miners Walk Debt Tightrope With 100K BTC...

Bitcoin Hashprice Tumbles as Miners Brace for Tougher March


Bitcoin’s hashprice—the estimated earnings generated by operating 1 petahash per second (PH/s) of mining power—has dipped from $53.13 per petahash down to its current value of $49.81 over the past seven days. Meanwhile, Bitcoin’s total hashrate bounced back impressively from its Feb. 25 low, adding...

US Loosens Grip on Seized Bitcoin Mining Rigs, but Many Remain Confiscated


U.S. authorities have begun releasing seized bitcoin mining equipment after months of scrutiny over Chinese-made chips. Thousands of units are freed, but many remain held. US Starts Releasing Seized Bitcoin Mining Equipment U.S. authorities have started releasing some of the cryptocurrency mining...

As February Winds Down, Bitcoin Miners See a $190M Drop in Revenue


According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, the hashprice is hovering just below $50 per petahash per second (PH/s)...

Bitcoin Miner MARA Sees Revenue Soar 69% in 2024


MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA’s Block Wins Rise 25% Bitcoin miner and publicly listed firm MARA (Nasdaq: MARA) said it registered a record-high revenue of $214.4 million in the fourth quarter of 2024,...

Russian Bitcoin Mining Ban Yielding Results in Siberia


The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power rationing and restrictions necessary to preserve the region’s outdated energy infrastructure. Ministry of Energy: Russian Bitcoin Mining Ban Already...

MARA Holdings Acquires Texas Wind Farm to Power Bitcoin Mining


Bitcoin miner MARA Holdings Inc. acquired wind farm in Hansford County, Texas, to power its operations with renewable energy, reduce costs, and extend the life of its application-specific integrated circuit (ASIC) bitcoin mining hardware. Wind Energy Boosts MARA’s Renewable Bitcoin Mining...

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