2023-4-5 18:16 |
The firm is currently trying to complete a merger with Canadian Hut 8 Mining.
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Hut 8 Mining reports disappointing results for its fiscal Q4. Digital assets mined this quarter was also down year-on-year. Wall Street currently has a consensus overweight rating on HUT. Hut 8 Mining Corp (TSE: HUT) is trading down this morning after reporting disappointing results for its fourth financial quarter.
2023-3-10 20:53 | |
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The market for cryptocurrencies and the technology behind blockchains has witnessed phenomenal expansion over the course of the past decade. In spite of the fact that the value is susceptible to significant swings due to the volatile nature of the sector, the total market cap is currently hovering around $843 billion. Although this may appear […]
2023-1-26 10:21 | |
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Coinspeaker Core Scientific Powers Down Celsius 37,000 Mining Rigs Core Scientific is just one of the many names in the crypto ecosystem that is currently battling a liquidity crisis.
2023-1-4 17:20 | |
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Bitcoin ASIC miners’ prices have dropped by more than 80% since late 2021. While asset prices decline, the mining scene is flooded by rigs. Bitcoin ASIC mining rigs price The price of bitcoin ASIC mining rigs currently hovers at $15.71,…
2022-12-27 19:32 | |
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EtherePoW's hashrate and mining difficulty are currently at their lowest levels since the launch of the network. Miners have gradually exited the network. Less than 1% of the total addressesThe post Everything latest about EthereumPoW's hashrate and mining difficulty appeared first on AMBCrypto.
2022-12-8 04:30 | |
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Bitcoin’s mining difficulty is expected to adjust Sunday night/Monday morning (November 20/21. ) Currently, over 100% of the mined Bitcoin supply is being spent at the fifth most significant rate ever.
2022-11-20 00:41 | |
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Data shows the Litecoin mining hashrate has set a new all-time high recently, a sign that could prove to be bullish for the price of the crypto. Litecoin Mining Hashrate And Difficulty Are Currently At New Highs The “mining hashrate” is an indicator that measures the total amount of computing power connected to a crypto […]
2022-11-7 19:00 | |
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Bitcoin SV network is currently under immense degradation from a majority of hash power mining empty blocks on the network. Empty Blocks Damage The Bitcoin Network The Bitcoin SV network is suffering from hash power mining of empty blocks by…
2022-10-18 12:00 | |
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Bitcoin mining difficulty surges to an all-time high by around 13% as Bitcoin network fundamentals continue to eat up the market. Bitcoin Mining Records As per records obtained from btc.com, the latest bitcoin mining difficulty adjustment currently stands at 35.6…
2022-10-11 04:00 | |
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YPF is currently supplying power for a 1 megawatt operation and plans to launch a second project eight times larger before the end of the year.
2022-10-4 00:00 | |
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Like thousands of crypto mining enthusiasts around the world, you may have also heard of Bitramo. This technology startup currently holds the distinction of offering the market’s most profitable crypto miners.
2022-9-25 07:32 | |
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The location has 36 MW currently available and can scale up to 86 MW and the company purchased an additional 3,400 Antminers adding 340 PH/s to its hash rate.
2022-8-11 14:00 | |
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Tech giant Samsung said it is currently working on new 3-nanometer(nm) mining chips that will be 45% more energy efficient. The post Samsung’s new mining chips will be 45% more efficient appeared first on CryptoSlate.
2022-7-19 03:00 | |
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Bitcoin mining profitability has dropped by over 75% from the market top and is currently at its lowest since October 2020.
2022-6-16 12:39 | |
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Data shows Bitcoin miners have been selling in recent weeks as their revenues have come under stress due to the struggling price of the crypto. Bitcoin Miners Are Currently Selling An Average Of 3.3k BTC Per Month As per the latest weekly report from Glassnode, miners had been accumulating during the initial drawdown from the […]
2022-6-7 22:00 | |
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A White House task force is currently examining the advantages and disadvantages of cryptocurrency mining with the aim of providing the Biden administration with appropriate policy recommendations. Appropriate Policy Responses...
2022-6-3 21:53 | |
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Although high computational requirements are compelling ETH to move to the PoS model, the Bitcoin PoW mining cycle is currently exhibiting bullish behavior. The hashrate of the token is also expected The post 'BTC hashrate of 220 EH/S would rise to 320 EH/S in 2022;' the price will... appeared first on AMBCrypto.
2022-4-21 16:30 | |
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The “Intel Blockscale ASIC” chip boasts efficiency up to 26 J/TH, which would make it better than most Bitmain and MicroBT models currently in the market.
2022-4-4 16:00 | |
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Currently, the pressure to suspend cryptocurrency and Bitcoin mining in the United States is gaining force in New York as the New York environmental agency evaluates the impact of crypto mining on the environment.
2022-3-14 15:25 | |
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Bitcoin price performance might currently be leaving a bitter taste in the mouth of many crypto enthusiasts, but available data has shown that that has not reduced the level of competition amongst miners.
2022-2-19 02:05 | |
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ConocoPhillips, one of the world’s largest independent oil and gas exploration companies is utilizing its extra gas to power Bitcoin mining. According to a Tuesday report by CNBC, the company disclosed that it is currently running a pilot project in Bakken, an oil-rich region in North Dakota where it had been selling excess gas to […]
2022-2-17 22:47 | |
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The Bitcoin mining landscape has undergone shifts over the past year due to China’s crackdowns. Here’s some data that shows how decentralized the BTC network currently is. State Of Decentralization On The Current Bitcoin Mining Network One way to study about decentralization in the BTC mining network is to go through hashrate dominance data of […]
2022-1-21 22:00 | |
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Even Wikipedia fell for the environmental FUD surrounding Proof-Of-Work mining. A proposal to “stop accepting cryptocurrency donations” is currently under discussion. It starts with the same thin arguments that the whole mainstream media irresponsibly uses.
2022-1-14 13:42 | |
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Kazakhstan’s vast Bitcoin mining industry has been severely hit by the political chaos currently rocking the Central Asian nation. Rising fuel prices led to a spike in public anger which grew into wider discontent among the Kazakhstan populace over corruption, income inequality, and unemployment, sparking violent protests against autocratic President Kassym-Jomart Tokayev’s rule. Kazakhstan’s BitcoinRead More
2022-1-8 09:00 | |
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The U.S.-based secondary market, FoundryX, currently has access to over 40,000 bitcoin mining machines ready for resale.
2021-12-9 17:00 | |
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While there are various cryptocurrency mining platforms currently in existence, a good number of these sites are simply Ponzi scheme time bombs waiting to explode. Here we bring to you the top three underrated crypto mining sites that have been giving users decent profits without tears over the years. ChickenFast Founded in 2015 in HongRead More
2021-11-11 16:00 | |
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CEO of financial services company Square Jack Dorsey could take another step further into expanding the Bitcoin ecosystem. Via his Twitter account, Dorsey announced that the company is currently “considering” the possibility of creating a BTC mining system.
2021-10-16 00:55 | |
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According to a recent analysis, China’s clampdown on bitcoin mining activities did not stop miners from hodling the flagship crypto. Data from statistics tracker Cryptoquant shows that miner outflow currently is not as high as it was in the first quarter of 2021.
2021-10-14 23:00 | |
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The hash rate of both Bitcoin and Ether continues to climb, with the latter at an all-time high. Bitcoins’ hash rate is currently reaching the late June level above 162 Th/s. Currently, around 125 Th/s, the hash rate is still down 37.
2021-9-22 17:07 | |
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Bitcoin miners have successfully mined the 700,000th block of the network. The mining of block 700,000 occurred on September 11th and is regarded by community members as a major historic milestone.
2021-9-16 21:55 | |
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The Ethereum mining hash rate has reached a new all-time-high (ATH) value after completely recovering from China’s crackdowns. Ethereum Mining Hash Rate Makes New ATH The ETH network hash rate has made a new ATH record as the average daily hash rate reached 715k GH/s on Sunday.
2021-9-14 22:00 | |
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Global peer-to-peer crypto exchange Remitano is currently developing its native token - RENEC - which will be airdropped for free to Remitano users through a unique Mining Program on the Remitano mobile app.
2021-8-7 15:00 | |
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CleanBlok, the company's bitcoin mining division, currently has 7,500 rigs at 740 PH/s hashrate capacity powered by 95% carbon-free energy.
2021-8-5 19:10 | |
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Saudi Aramco (SE: 2222), a Middle East oil giant, currently the third-largest company in the world, valued at $1. 8 trillion, could be the next multinational conglomerate to join Bitcoin, this through mining.
2021-8-2 17:52 | |
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First, it was the Bitcoin hashrate, now it is the mining difficulty. Both of these crucial metrics are currently ongoing a reset in the industry amidst Bitcoin's choppy market condition. According to The post The last time it was this easy to mine Bitcoin, the price was way lower; But, does this matter? appeared first on AMBCrypto.
2021-7-3 21:30 | |
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Bitcoin Mining Council, a voluntary and open forum of Bitcoin miners, says the industry’s sustainable electricity mix had grown to about 56% during Q2 2021, making it one of the most sustainable industries globally.
2021-7-2 18:14 | |
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On Wednesday, the North American bitcoin mining operation Blockware Mining announced the firm closed a $25 million investment round. According to the company, Blockware Mining aims to leverage the financing to expand operations “beyond its currently installed North American footprint.
2021-6-30 21:00 | |
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In a newly released corporate update, Canadian crypto mining firm Hut 8 said it plans to increase its self-mined Bitcoin holdings to 5,000 by the end of 2021. The firm currently has about 3,806 Bitcoin, roughly $134 million, on its balance sheet.
2021-6-29 22:12 | |
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Coinspeaker Bitcoin Mining Hashrate Dives to 2020 Level, Following China Crackdown The recent intensive crackdown of the Bitcoin has led to price decline. Bitcoin is currently trading at the $34,200 level.
2021-6-29 08:20 | |
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The Iranian government has given 30 crypto mining farms licensees to continue operations despite the power shortage currently witnessed in the country. According to the report, four of the licenses were granted to miners at the province of Alborz while six mining farms in the Semnan province received licenses as well.
2021-6-28 13:46 | |
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Bitcoin, the biggest cryptocurrency by market cap, has been experiencing a huge drop in its value following several events in the market. Currently, prices are going even lower, courtesy of the mining situation with China amongst others events, which has caused a collective selloff.
2021-6-28 23:58 | |
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The bitcoin network currently is heavily congested with average fees rising as an unknown amount of hashpower is turned off in Sichuan, the world’s bitcoin mining capital. The electricity supply...
2021-6-19 19:45 | |
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Bitcoin mining pools have begun signaling for the Taproot soft fork activation, with almost half of network hash rate currently doing so.
2021-5-5 19:10 | |
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This latest feature in Aave, which currently accounts for 17% of the crypto lending sector with Compound in the lead with 53% share followed by MakerDAO at 30%, could be expected to “kickstart DeFi Summer 2.
2021-4-26 18:25 | |
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BTC.com is currently owned by Bitdeer Technologies and former Bitmain CEO Jihan Wu.
2021-2-16 15:57 | |
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According to BTC. com, Bitcoin (BTC), mining difficulty has increased by about 11% on January 9. The value is the biggest increase in nearly four months, exceeding 20 trillion for the first time. Increasing Difficulty Currently, the hashrate stands at a record level of around 148 EH / s.
2021-1-11 19:00 | |
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Bitcoin miners have been yielding a very profitable year in monthly revenues, as the latest onchain data shows significant figures at its highest levels since 2019. Hourly Bitcoin Mining Revenues Hits 2019 Highs According to Glassnode, BTC miners are currently earning $1 million per hour, meaning an increase of 185% since the halving happened in […] The post Bitcoin Miners Earn Over $1 Million per Hour — Revenue Increases 185% Since the 2020 Halving appeared first on Bitcoin News.
2020-12-31 20:45 | |
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While performing a search on the internet, it is currently easy to find articles exploring whether Mining City is a Ponzi scheme or not. There are indeed some misunderstandings and bad press, but you have to keep a cool head.
2020-12-9 16:40 | |
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In the world of Bitcoin mining, the hash rate of the network, the computing power used to validate BTC transactions has taken a drop following the positive difficulty adjustment of 8. 8%. The 7-day average hash rate of the network is currently at 131 EH/s, down from the all-time high of 146.
2020-12-2 20:54 | |
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Court approves Genesis Global's plan to distribute $3 billion to creditors, rejecting Digital Currency Group's objections. The post Genesis wins court nod to return $3 billion to creditors appeared first on Crypto Briefing.
Crypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to 40%. In a May 15 report, Coinbase Institutional Research Analyst David Han asserted that the main factor that led the SEC to approve spot Bitcoin ETFs — the correlation between CME futures […] The post Coinbase expects 30% to 40% chance of spot ETH ETF approval by month-end appeared first on CryptoSlate.
Senator Elizabeth Warren described support for the SEC’s Staff Accounting Bulletin (SAB) 121 during a senate hearing on May 16. Warren asserted that the bulletin, which applies to companies that deal with crypto, is designed to provide accounting guidance.
Oklahoma has become the first US state to legally protect the right to self-custody Bitcoin after passing a new bill. The newly signed legislation ensures that residents can hold, control, and use digital assets without state interference.
Quick Take Bitcoin went above the $67,000 mark, nearly hitting $67,500 — its highest level since April 13. The remarkable rally has triggered a wave of liquidations within the digital asset ecosystem over the past 24 hours.
Binance exec Tigran Gambaryan denied bail by Nigerian court, faces money laundering and tax evasion charges. The post Nigerian court denies bail and allows Tigran Gambaryan to stand trial on behalf of Binance appeared first on Crypto Briefing.
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator's scope.