JPMorgan Warns of Slowing Bitcoin Mining Growth as Profitability Dips
Bitcoin miners face challenges as network hashrate rises, profitability drops, and companies shift strategies to increase Bitcoin holdings.
mining
Bhutan Surpasses El Salvador in Bitcoin Holdings Thanks to Mining Operations
Bhutan's mining operation has led it to have more Bitcoin than El Salvador, showcasing the country's growing interest in cryptocurrency.
Crypto Giants Dominate, But Their Stock Slides Puzzle Investors
As public Bitcoin miners expand their influence, their stock prices keep dropping, puzzling investors in the volatile crypto market.
Bitcoin Mining Profitability at All-Time Lows as Prices Plunge, Hashrate Soars
JPMorgan reports U.S.-listed bitcoin miners fell in September as BTC price remained below $60K and network hashrate rose, signaling declining mining profitability.
Russia's Crypto Mining Boom: 15 New Facilities in Komi Region
Russia plans to open 15 new crypto mining centers in its Komi region, signaling the country's strategic push into the cryptocurrency space.
CleanSpark Expands Bitcoin Mining Footprint in Tennessee
CleanSpark acquires seven bitcoin mining facilities in Tennessee for $30 million, boosting its hashrate by over 22%.
Quantum Disruption: The Future of Bitcoin Mining
Quantum computers could revolutionize crypto mining, potentially destabilizing the digital economy. Explore the impact of this emerging technology.
Bitcoin Mining Difficulty Soars to New All-Time High
Bitcoin mining difficulty has reached a new record high, following a surge in network hash rate. Meanwhile, TRON, Tether, and TRM Labs have formed a crypto crime-fighting unit.
Bitcoin Mining Profitability at Record Lows, JPMorgan Reports
JPMorgan analysts state that Bitcoin miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record.
Riot Platforms' Bitcoin Holdings Cross 10K, Production Drops Amid Energy Challenges
Riot Platforms reports a drop in Bitcoin production for August 2024 but remains bullish with expansion plans to increase mining capacity and optimize energy costs.
Bitcoin Yield Opportunities Boom: What to Watch
Bitcoin's yield opportunities are expanding, with emerging options in Layer-2 networks and DeFi ecosystems offering rewards beyond traditional mining.
Blockstream Sells Bitcoin Mining Hashrate-Backed Security Token
Blockstream is raising funds by issuing a security token - the Blockstream Mining Note 2 (BMN2) - backed by its Bitcoin mining hashrate. Investors can buy claims on the company's mining operations.