2024-1-2 12:51 |
The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.
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Core Scientific reported a $210. 7 million net income for the first quarter on May 8. The change represents an increase of $211. 1 million from the first quarter of 2023, when the company reported a net loss of $0.
Publicly traded bitcoin mining companies, including Bitfarms, Cipher, CleanSpark, Core Scientific, Riot, and Terawulf, have reported a decrease in production ranging from 6% to 12% for the month of April.
Block rewards play an integral role in the tokenomics of a cryptocurrency. Read on to learn what is a block reward and what role it plays in the running of blockchain protocols. A block reward explained is pretty straightforward. It…
Senators Elizabeth Warren and Angus S. King, Jr. have formally addressed top Biden administration officials in a letter concerning US efforts to combat Iran’s utilization of crypto mining as a means to evade international sanctions.
Quick Take After the launch of the first Gold ETF SPDR Gold Shares (GLD) in 2004, the precious metal embarked on a remarkable bull run, soaring from around $430 to $1,800 per ounce by August 2011.
As summer looms, CryptoQuant warns that Bitcoin miners could face significant challenges ahead, particularly if prices fail to recover substantially during the warmer month. Despite Bitcoin‘s price dipping below the $58,000 mark and prompting weaker investors to sell at current…
Bitcoin mining is becoming increasingly centralized, BitMEX analysts said.