According to data from BitInfoCharts, Bitcoin’s daily average hashrate has dropped to 684.48 EH/s, the lowest since mid-October last year. This decline, …
Mining
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Momentum signals are also holding up. The Relative Strength Index (RSI) is sitting at 69, near overbought levels but still pointing to …
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CleanSpark (CLSK), a U.S.-based bitcoin BTC$106,199.49 mining firm, said Tuesday that it reached 50 exahashes per second (EH/s) of operational hashrate — …
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Mining
Bitcoinn set for biggest mining difficulty drop since 2021 as hashrate collapses
by shayaanby shayaanBitcoin’s mining network could face a difficulty adjustment on the lower side for the first time in nearly four years. The difficulty …
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Mining
Bitcoin Mining Profitability Increased by Almost 20% in May, Jefferies Says
by shayaanby shayaanBitcoin BTC$105,283.79 mining profitability rose by 18.2% in May, due to a 20% increase in the BTC price and a modest 3.5% …
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Mining difficulty on the Bitcoin BTC$105,285.37 blockchain is on course to drop by the most since July 2021 after the amount of …
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Mining
Norway May Soon Ban Bitcoin Mining – What Will Be the Impact on BTC, and How Much Mining Is Done in Norway? Here Are…
by shayaanby shayaanThe Norwegian government is preparing to take a new step towards cryptocurrency mining facilities, which are notable for their high energy consumption. …
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Mining
Cipher Mining Begins Bitcoin Production at 300 MW Black Pearl Data Center
by shayaanby shayaanCipher Mining (CIFR) has begun bitcoin BTC$103,760.80 production at its 300-megawatt (MW) Black Pearl facility in Texas, the company announced on Monday. …
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Mining
HIVE Digital to Launch Canadian AI Data Hub With 7.2 MW Toronto Site Purchase
by shayaanby shayaanHIVE Digital Technologies (HIVE) has signed an agreement to buy a 7.2-megawatt data center in Toronto, Canada, aiming to transform it into …
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This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional …