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BTC's declining hashrate could mean this for miners and traders
Decline in Bitcoin hashrate raises concerns about network security and centralization. Diminishing miner revenue may lead to increased selling pressure on BTC. The highly volatile nature of The post BTC's declining hashrate could mean this for miners and traders appeared first on AMBCrypto. дальше »
2023-6-30 08:30 | |
What BTC's declining hashrate means for miners, traders
Decline in Bitcoin hashrate raises concerns about network security and centralization. Diminishing miner revenue may lead to increased selling pressure on BTC. The highly volatile nature of The post What BTC's declining hashrate means for miners, traders appeared first on AMBCrypto. дальше »
2023-6-30 08:30 | |
Bitcoin miner Riot Platforms buys 33,000 units ahead of 2024 halving
The addition will increase the firm's self-mining capability to 20.1 EH/s. The deployment will happen ahead of Bitcoin's second halving cycle, scheduled to take place in mid-2024. Leading The post Bitcoin miner Riot Platforms buys 33,000 units ahead of 2024 halving appeared first on AMBCrypto. дальше »
2023-6-27 14:30 | |
Hut 8 nabs $50M Coinbase credit facility ahead of merger with US Bitcoin
Bitcoin (BTC) miner Hut 8 said on June 26 that its subsidiary, Hut 8 Holdings, entered into a $50 million credit facility agreement with Coinbase Credit for general corporate purposes. Hut 8 stated that the credit facility offers a $15 million term loan that would be funded at or shortly after closing. дальше »
2023-6-26 18:30 | |
Zionodes Review: Features, Safety, Profitability, Pros, Cons
How does Zionodes work? Zionodes is the leading Remote Bitcoin Mining marketplace, offering a convenient and stress-free mining experience. Users can remotely control their miner and easily set it up to their preferred pool, eliminating maintenance worries. дальше »
2023-6-26 14:24 | |
Terawulf, a bitcoin miner using nuclear power, releases update; benefiting from low electricity costs
Terawulf has announced its bitcoin mining update months after launching a first-of-its-kind nuclear-powered Nautilus facility in the United States дальше »
2023-6-25 11:37 | |
Bitcoin: Will rising miner revenue send BTC packing?
Bitcoin Ordinals NFTs dominated at press time, accounting for a majority of transaction activity on the Bitcoin network. Declining miner revenue and increased miner difficulty posed challenges The post Bitcoin: Will rising miner revenue send BTC packing? appeared first on AMBCrypto. дальше »
2023-6-25 11:30 | |
Bitcoin: Assessing the full impact of Ordinal Inscriptions
Inscriptions have contributed 22% of the total miner revenue since its inception. Inscriptions and inscription fees have, however, been reduced in recent weeks. Bitcoin Ordinals has caused aThe post Bitcoin: Assessing the full impact of Ordinal Inscriptions appeared first on AMBCrypto. дальше »
2023-6-22 21:30 | |
Bitcoin miner CleanSpark strikes deal to buy mining facilities
The acquisition is a part of the firm’s aggressive infrastructure expansion in the U.S. CleanSpark's shares rose 10% following the announcement. Bitcoin miner CleanSpark announced on 21 JuThe post Bitcoin miner CleanSpark strikes deal to buy mining facilities appeared first on AMBCrypto. дальше »
2023-6-22 12:30 | |
Bitcoin miner Core Scientific files Chapter 11 ‘reorganization’ plan
Bankrupt miner Core Scientific has filed a potential Chapter 11 reorganization plan, as seen in a document submitted to bankruptcy court on June 21. The reorganization plan awaits approval. The introduction of the latest filing describes the plan as a “joint chapter 11 plan of reorganization. дальше »
2023-6-22 12:00 | |
Can BTC's recovery put a halt to this miner trend? Assessing...
BTC’s miners’ inflow registered an increase when mining costs went up Bitcoin’s price increased by more than 8% in the last 24 hours, and a few metrics were bullish Bitcoin’s [BTThe post Can BTC's recovery put a halt to this miner trend? Assessing... appeared first on AMBCrypto. дальше »
2023-6-22 09:30 | |
Bitcoin Miner Core Scientific Files for Chapter 11, Seeks Restructuring Amid Crypto Winter
Core Scientific, a prominent Bitcoin mining company, has recently made headlines as it filed for Chapter 11 bankruptcy protection. The move comes as the crypto industry grapples with the enduring effects of the ongoing crypto winter, impacting various firms in the sector. дальше »
2023-6-22 02:00 | |
CleanSpark buys two Bitcoin mining campuses for $9.3M
Bitcoin miner CleanSpark entered into a definitive agreement to purchase two turnkey mining campuses in the U.S. state of Georgia. дальше »
2023-6-21 19:22 | |
CleanSpark adds hashrate with $9.3M acquisition of Georgia mining campuses
Bitcoin (BTC) miner CleanSpark has entered into a “definitive agreement” to acquire two turnkey BTC mining campuses in Dalton, Georgia, for $9. 3 million in cash, according to a June 21 statement. дальше »
2023-6-21 19:16 | |
BTC mining firm Core Scientific files for Chapter 11 plan
Bitcoin miner Core Scientific has filed its Chapter 11 bankruptcy plan six months after it filed for Chapter 11 bankruptcy in December 2022. The firm filed for the Chapter 11 plan in the Southern District of Texas Houston Division Bankruptcy Court. дальше »
2023-6-22 17:14 | |
Cudo Miner Review: Benefits, Key Features, Coin Selection, Pros, Cons
Cudo Miner is a cryptocurrency mining platform that offers comprehensive management for mining operations. It caters to both experienced and beginner miners, providing advanced settings for device customization. дальше »
2023-6-21 16:53 | |
Bitcoin miner Core Scientific files for bankruptcy plan
Core Scientific stated that its liquidity got a boost since filing for chapter 11 bankruptcy. It cited rising Bitcoin prices, increased network hash rate, and lower energy costs as reasons for The post Bitcoin miner Core Scientific files for bankruptcy plan appeared first on AMBCrypto. дальше »
2023-6-21 16:30 | |
Shares of Bitcoin miner Iris Energy surges after hashrate expansion
The company's shares rose by a whopping 18% within a day on Nasdaq, from $3.55 to $4.20. Iris Energy has three datacenters located in BC, Canada and one in Texas, U.S. which is the focus of theThe post Shares of Bitcoin miner Iris Energy surges after hashrate expansion appeared first on AMBCrypto. дальше »
2023-6-21 16:00 | |
Bitcoin miner Core Scientific files its Chapter 11 plan
The bankruptcy plan explained that holders of allowed debtor-in-possession claims would receive full and final satisfaction of their claims. дальше »
2023-6-21 11:56 | |
Bitcoin miner Iris Energy’s shares surge 20% on expansion announcement
Bitcoin (BTC) miner Iris Energy IREN shares have jumped by nearly 20% following news of its planned 9. 1 exahashes/second (EH/s) expansion. Data from Nasdaq shows that miner shares rose to $4. 09 from $3. дальше »
2023-6-21 21:27 | |
Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
Miners are increasingly looking to fill data center space with AI and cloud computing. дальше »
2023-6-21 17:18 | |
Bitcoin miners affected as network difficulty reaches...
Bitcoin miner outflow recently hit a 2-year high. BTC miner revenue declined as price attempted to bounce back. Bitcoin's [BTC] price has rebounded lately, yet miners might have missed the bThe post Bitcoin miners affected as network difficulty reaches... appeared first on AMBCrypto. дальше »
2023-6-20 22:30 | |
Bitcoin miner revenue faces downturn, but profitability holds strong
Bitcoin miners weather revenue dip and remain profitable despite market sentiment. Negative netflow suggests miners and holders hold onto Bitcoin despite declining values. Bitcoin miners expThe post Bitcoin miner revenue faces downturn, but profitability holds strong appeared first on AMBCrypto. дальше »
2023-6-15 17:30 | |
Lone Bitcoin Miner Beats Big Companies to $160,000 Block Reward
An individual Bitcoin miner beat the odds to earn $160,000 by solving a transaction block last Friday. The post Lone Bitcoin Miner Beats Big Companies to $160,000 Block Reward appeared first on BeInCrypto. дальше »
2023-6-14 17:30 | |
Bitcoin Miner Inflows To Exchanges Reach 2021 Levels As Bear Trend Persists
Bitcoin miners are now taking advantage of the recent price increase as they have begun to send massive amounts of BTC to centralized exchanges. While this is not new as miners tend to sell BTC to fund their operations, the sheer volume that is being moved to exchanges is what is alarming. дальше »
2023-6-13 02:00 | |
What’s going on behind the scenes of June’s massive miner outflow?
Analyzing miner-to-exchange flows is crucial for understanding market sentiment, particularly when evaluating whether miners are liquidating or accumulating. A surge in Bitcoin inflows to exchanges has historically preceded an increase in sell orders, often leading to price slumps as the selling pressure increases. дальше »
2023-6-13 19:00 | |
Solo Bitcoin miner beats the odds to win 6.25 BTC block reward
A solo Bitcoin miner earned the 6. 25 BTC block reward after beating the odds to solve block 793607. The miner reportedly used an Antminer S9 with about 17 TH. At today’s Bitcoin mining difficulty and with 17 TH, a solo miner would need an average of 450 years to land a block. дальше »
2023-6-12 18:45 | |
Bitcoin Bearish Signal: Miners Sell At 3rd Largest Scale Ever
On-chain data shows that Bitcoin miners may have been selling at a historical rate recently, something that could be bearish for the asset’s price. Bitcoin Miner Inflow To Exchanges Has Registered A Spike Recently According to data from the on-chain analytics firm Glassnode, miner exchange inflows hit a peak value of $70 million recently. дальше »
2023-6-12 14:42 | |
5 Best Free Cryptocurrency Cloud Mining Sites in 2023 – Daily Payouts
Cryptocurrency cloud mining is a significant global trend. It’s becoming more and more popular because it doesn’t call for expensive technology or specialized skills. Today, anyone may buy hash power from outside suppliers and start working as a professional Bitcoin miner. дальше »
2023-6-12 06:55 | |
Quantum miners would yield ‘massive’ energy savings for blockchain: Study
University of Kent researchers compared three quantum systems to an ASIC miner, and the quantum machines were demonstrably more energy efficient. дальше »
2023-6-9 22:30 | |
Why Bitcoin is in a speculative bubble
Bitcoin's blocks were reaching maximum capacity. Miner revenue declined while hash rate increased. Since reaching the $30,000 price threshold, the price of Bitcoin [BTC] has been the subjectThe post Why Bitcoin is in a speculative bubble appeared first on AMBCrypto. дальше »
2023-6-5 12:30 | |
Bitcoin miner fees stay elevated, boosting daily revenue to $1.8M
Quick Take Looking at Bitcoin miner fees, they are still elevated compared to previous years. The total fee paid to miners is currently around 70 Bitcoin per day, $1. 8 million. Before Ordinals and BRC-20 tokens became a thing this year, on average, miners received around 20 Bitcoin daily. дальше »
2023-6-3 17:00 | |
Cleanspark fiscal year revenue crosses $100M amid expansion plans
Bitcoin (BTC) miner CleanSpark’s fiscal year-to-date revenue crossed $100 million in May as its BTC production exceeded expectations, according to a June 2 statement. CEO Zach Bradford noted that these milestones were achieved even though most of its expansion plans were expected later this year. дальше »
2023-6-2 21:36 | |
Former Ethereum Miner CoreWeave Inks Billion-Dollar AI Computing Contract With Microsoft
Microsoft's deal with CoreWeave involves AI computing and will involve CoreWeave’s cloud computing infrastructure. Over the years, it could profit many billions of dollars for Microsoft. The post Former Ethereum Miner CoreWeave Inks Billion-Dollar AI Computing Contract With Microsoft appeared first on BeInCrypto. дальше »
2023-6-2 09:51 | |
Bitfarms sold 90% of its Bitcoin mined in May
Bitcoin (BTC) miner Bitfarms sold 414 BTC, representing 90. 19%, of its mined 459 BTC in May, according to a June 1 statement. According to the statement, the miner generated $11. 3 million from the sold assets, reducing its debt by $1. дальше »
2023-6-2 19:07 | |