2023-8-23 10:18 |
BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see.
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Bitcoin mining company BitFuFu has rolled out its financial report per Q1, showcasing a 150% increase in total revenue compared to Q1 2023. Bitmain-backed public cryptocurrency mining company BitFuFu’s total revenue in Q1 soared to $144.4 million, representing an increase…
Currently, Bitcoin mining’s profitability hinges on a temporary subsidy. Emerging technologies supporting steady Bitcoin use cases are required to sustain transaction revenue growth.
Antpool, the second-largest Bitcoin (BTC) mining pool, recently made headlines by successfully mining seven consecutive blocks on May 17, sparking worries within the cryptocurrency community about network security.
While large investors appear to demonstrate their interest in Bitcoin, the growth has yet to accelerate in order to make the rally sustainable, analysts at CryptoQuant say. The price of Bitcoin managed to recover to the $66,000 mark late Wednesday…
Canaan (CAN) Inc CEO Nangeng Zhang shares his outlook on the future of bitcoin mining efficiency, chip design and opportunities in artificial intelligence.
Analysts at blockchain firm Kaiko say Bitcoin’s recent halving might soon force miners to sell their crypto holdings. Bitcoin miners are starting to feel pressure as daily average network fees, which spiked after the halving, have begun to decline, according…
The United States government has ordered a Chinese-backed cryptocurrency mining company to stop constructing a mine in Wyoming. According to the May 13 order signed by President Joe Biden, MineOne Cloud Computing Investment and its partners will be required to…