Soluna Holdings and Luxor Technology partnered with Bitmine Immersion Technologies to deploy a turnkey bitcoin mining solution that tripled operational capacity while …
Mining
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Mining
Cango Inc. 50 EH/s Power Play: Is This the Next Big Name in Bitcoin Mining?
by shayaanby shayaanCango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a growing BTC …
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Mining
Bitcoin’s Computing Power Breaks Records, Pushing 862 EH/s Amid Mining Revenue Dip
by shayaanby shayaanOn Friday, Bitcoin’s computing strength rocketed to an all-time peak of 862 exahash per second (EH/s), shattering the prior benchmark of 852 …
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Bitcoin (BTC) is often praised as the most decentralized cryptocurrency by its supporters, but the truth could be something else. Onchain data …
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Mining
Bitcoin hashprice stabilizes after hitting quarterly low, but miner risk remains
by shayaanby shayaanBitcoin’s hashprice, a measure of daily miner revenue per terahash, experienced significant volatility in the past three months. From late December 2024 …
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The solo miner of Bitcoin block 888,737—won last week with a $266,000 BTC reward—shared their story with Bitcoin mining hardware creator FutureBit, …
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Mining
Bitfarms stock is ‘undervalued’ as firm pivots to AI and energy: analyst
by shayaanby shayaanH.C. Wainwright & Co. analyst Mike Colonnese has added Bitfarms stock to the firm’s top picks in the Bitcoin mining sector for …
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As Bitcoin mining grows more competitive and challenging, industry leaders are looking to cash in on AI data centers—but it’s no easy …
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Mining
Manufacturers Are Building ASICs That Look More Like Servers. Here’s Why
by shayaanby shayaanIn the beginning, there were only CPUs, then GPUs, for bitcoin mining. Then came the mighty ASIC in 2013, and with it, …
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Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding approximately 4.7 …