2021-10-8 05:46 |
Public mining firm Riot Blockchain has more than tripled its year-to-date Bitcoin production.
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Marathon Digital reported a significant year-on-year surge in its Bitcoin production last month, defying expectations surrounding the halving event. Bitcoin production increase In its April operational report, Marathon revealed that it produced 850 BTC, marking a notable 21% increase on the year-on-year metrics.
2024-5-3 19:30 | |
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Bitcoin mining giants, including RIOT Platforms and Marathon Digital, experience a production decline in 2024, while CleanSpark stands out with growth. As Bitcoin‘s fourth halving approaches, Bitcoin mining giants are grappling with a decline in production as the market faces…
2024-4-4 10:48 | |
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Marathon Digital experienced a 9% dip in Bitcoin production in August 2023, primarily due to increased shutdowns in Texas owing to record-high temperatures.
2023-9-6 15:39 | |
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Marathon Digital Holdings recorded a net loss of $21. 3 million for the second quarter, despite its Bitcoin (BTC) production surging by over 300%, according to an Aug. 8 statement. Earnings breakdown Per the financial statement, the miner earned $81.
2023-8-9 16:55 | |
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The Bitcoin (BTC) mining and data center hosting company Riot has recently announced its production and operations update for January 2023. It has produced a new all-time high of 740 Bitcoin in the last month.
2023-2-7 01:34 | |
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The bitcoin miner published its BTC production for September and announced a $100 million revolving line of credit.
2021-10-7 17:43 | |
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Publicly-listed Bitcoin miner Marathon Digital Holdings disclosed in its latest filing with the US Securities and Exchange Commission (SEC) that it has entered into a Material Definitive Agreement with Bitcoin financial service provider NYDIG.
2021-9-4 20:13 | |
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Blockstream's $210 million raise will play a big role in North American ASIC production and manufacturing.
2021-8-27 06:00 | |
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Blockstream has announced Blockstream Energy, a new service that allows energy producers to maximize energy production efficiency and sell surplus electricity.
2021-8-18 20:00 | |
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Bitcoin mining firm Riot Blockchain has advanced plans to meet its production target this year by opening its Whinstone facility at Rockdale, Texas, for operation. Riot aims to push the new facility’s hash rate capacity to 7.
2021-8-13 18:12 | |
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Bitcoin mining company Bitfarms has shared bitcoin production updates, including energy usage and the company's strategic HODL mentality.
2021-8-6 21:51 | |
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Publicly traded Hut 8 has seen its Bitcoin mining production increase by 50 percent in the wake of China's crackdown on its domestic industry.
2021-8-5 15:01 | |
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2021-8-2 19:00 | |
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An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another Eurasian Economic Union member, in terms of cryptocurrency production.
2021-7-19 12:30 | |
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Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States.
2021-7-16 00:30 | |
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Bitfarms has revealed in its production update released on July 14, 2021, that the recent bitcoin (BTC) mining difficulty reduction, coupled with the exodus of bitcoin miners from China, has had a positive effect on its production.
2021-7-16 22:00 | |
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To say 2021 has been a rough year for Chinese crypto miners would be a big understatement. The country’s increased crackdown on crypto mining has essentially paralyzed an industry that accounts for more than 50% of global BTC production.
2021-7-15 22:52 | |
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Riot Blockchain, a Nasdaq-listed mining company, reported Thursday on its Bitcoin production last month. The company’s numbers jumped a little more than 400% year-on-year, as a result of the increase in mining power.
2021-7-10 12:30 | |
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Bitcoin price is at a critical inflection point according to most analysts across the market, either ready to lose support and fall deep into a bear market, or about to climb to new highs – nothing in between.
2021-7-8 23:00 | |
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Despite the ban, Iraning Bitcoin miners are still blamed for crippling power outages
2021-7-6 19:36 | |
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Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows.
2021-6-18 16:05 | |
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The company’s May production and operations update revealed it had mined a total of… The post Riot Blockchain’s Bitcoin production up 220% from last year appeared first on Coin Journal.
2021-6-11 14:16 | |
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The Bitcoin 2021 conference in Miami is well underway. First day: done. Apparently, sadly, production failed and there were thousands of people in line for hours. They missed the first few talks, but we didn’t.
2021-6-5 13:48 | |
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Финтех-предприниматель Рагнар Лифтрасир назвал создание Совета по добыче биткоина [Bitcoin Mining Council, BMC] «регуляторным захватом» индустрии майнинга. This man is an enemy of Bitcoin and the Mining Council is regulatory capture of Bitcoin at its point of production.
2021-5-26 14:16 | |
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Energy production and its surrounding industry will experience a major shift in operations as Bitcoin becomes a driving force of profit.
2021-4-16 01:06 | |
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"At some point Bitcoin mining will look like a utility, and it’s going to be a part of critical infrastructure for countries," said the Foundry Digital CEO.
2021-4-14 19:40 | |
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The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined.
2021-4-13 19:20 | |
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U.K.-based Argo Blockchain just did record revenues, but a new report suggests 75% of Bitcoin mining still takes place in China, where “blood coin” is made.
2021-4-7 11:23 | |
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The SEC has asked the judge not to order the production of the Bitcoin and Ethereum documents demanded by Ripple
2021-3-23 08:43 | |
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The stock-to-flow model, which accounts for the availability and production of an asset, can help predict the future bitcoin price.
2021-3-20 03:00 | |
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In just over two weeks, a company called Wisemining plans to launch a new product called Sato, a boiler that can provide heat to a home by leveraging ASIC mining rigs for heat production. It also means that the heater provides revenue in the form of cryptocurrency, which offsets the costs of heating a home […]
2021-3-20 01:00 | |
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Riot Blockchain mined $10 million worth of Bitcoin in February
2021-3-15 17:31 | |
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Blu Putnam said gold's ongoing production, likely to increase this year, contrasts with bitcoin's fixed supply.
2021-2-4 11:41 | |
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The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases.
2021-1-25 18:30 | |
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A severe global shortage of computer chips used to make bitcoin mining rigs has reduced the production capacity of the rigs in China, which has the world’s biggest BTC mining rigs manufacturing industry.
2021-1-23 16:49 | |
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China-based Bitcoin miners are facing setbacks because of a lack of mining chips, across the world. The region, which is the world leader in the mining business, is facing unprecedented prices of miniThe post Not enough chips to support production of Bitcoin mining rigs appeared first on AMBCrypto.
2021-1-22 21:00 | |
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Venezuela is further expanding its crypto foothold in what seems to be a tact towards salvaging the country’s economy while evading imposed sanctions, especially by the United States. Through one of its engineering brigades, the Venezuelan army recently revealed a Bitcoin mining center dubbed ‘Digital Assets Production Center of the Bolivarian Army of Venezuela.
2020-12-2 00:26 | |
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Use the blockchain to “seize the means of monetary production.” That’s the call by philosopher Mark Alizart in a new book called Cryptocommunism. He argues blockchain provides a basis for...
2020-12-1 18:34 | |
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Bitcoin's bull market is having a dramatic effect on demand for hardware resources as miners look to ramp up production.
2020-11-25 20:06 | |
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Stranded natural gas operations could be the next major avenue of Bitcoin’s entry into the global energy production industry. The post How Bitcoin Shakes The Energy Industry appeared first on Bitcoin Magazine.
2020-11-7 21:45 | |
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Barry Silbert’s Digital Currency Group has entered into the bitcoin mining world with the announcement of its new wholly-owned subsidiary, Foundry. “Digital asset mining and staking provide the backbone of the blockchain technology that will drive that advancement,” noted Silbert, the founder and CEO of DGC.
2020-8-27 20:31 | |
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As of today, 6. 25 BTC is mined roughly every 10 minutes. That translates to an average of 900 BTC mined per day. This number decreases every 4 years during a phenomenon called the Bitcoin halving when Bitcoin production is cut in half.
2020-8-26 18:58 | |
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The Bitcoin mining industry is facing an overhaul in mining equipment production as three of the top mining pools – Bitmain, Ebang, and Canaan – all aim at introducing AI chips in the future. Since the launch of Bitcoin, miners have pocketed over $14 billion in rewards, but this revenue is slowly diminishing as new, […]
2020-8-20 19:47 | |
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Warren Buffett’s investment firm Berkshire Hathaway Group has invested in gold production for the first time ever. The firm purchased 20. 9 million shares of Barrick Gold Corp. , one of the larger producers of gold.
2020-8-16 21:59 | |
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Canadian miner Hut 8 Mining Corp has reported that second quarter revenue tumbled 67% to $6. 9 million from $21. 2 million a year ago, as Bitcoin’s supply cut in May forced production to decline.
2020-8-15 10:30 | |
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The power tussle in the largest Bitcoin miner maker, Bitmain, is now threatening to essentially hard fork its operations for the production of AntMiner equipment. On July 16, one of Bitmain’s co-founder, Wu Jihan registered a new firm in Shenzhen, China.
2020-7-21 21:32 | |
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The ongoing battle between the two co-founders at Bitmain has essentially hard forked the production at the world’s largest bitcoin miner manufacturer.
2020-7-20 19:25 | |
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Decrypted, a new crypto movie about Satoshi Nakamoto, the mysterious creator of Bitcoin, is in production. In this “outrageous and provocative dark comedy,” Satoshi Nakamoto is kidnapped by the NSA and tortured for information that could help the government destroy cryptocurrency.
2020-6-22 23:30 | |
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Owing to restrictions within the U. S. and abroad during the COVID-19 pandemic, the demand for refined petroleum products has all but disappeared. As a result, oil refineries have significantly cut their production and purchase of crude oil.
2020-4-22 15:01 | |
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Marathon Digital Holdings CEO Fred Thiel predicts that the break-even point for Bitcoin mining will climb to about $43,000 following the upcoming halving event.
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Despite the sale, Nasdaq-listed miner Marathon continues to hold one of the largest public bitcoin treasuries in the world.
Marathon Digital’s bitcoin production and mining operation updates for January 2023 show the company produced a record 687 BTC last month, representing a 45% increase compared to the previous month. Marathon sold off 1,500 BTC during the same period to…
Miners are starting to get strapped for cash and need a boost since BTC has dropped in price since November, and revenue has fallen even further due to increased competition.
Last year was Marathon’s best year to date as the miner increased its hash rate by 1,790%.