Hut 8 Corp., a Cryptocurrency Mining company and major energy operator in North America, announced the purchase of 31,145 BITMAIN Antminer S21+ …
Mining
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Mining
Bitcoin Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally
by shayaanby shayaanAfter last week’s turbulent period, publicly traded bitcoin mining companies rebounded on Wednesday, celebrating a strong performance as Trump clinched the White …
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Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a total revenue …
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Mining
FERC blocks Amazon AI power deal, energy struggle with Bitcoin miners persists
by shayaanby shayaanThe Federal Energy Regulatory Commission (FERC) stopped an Amazon AI data center from drawing more power from Talen Energy’s Susquehanna plant in …
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Mining
Riot’s Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone’
by shayaanby shayaanBitcoin mining company Riot Platforms reported a 23% increase in bitcoin production in October, driven by increased hashrate and operational efficiency. Riot’s …
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Mining
Average mining price for BTC now at $59,542, solo miners earn fewer rewards: Report
by shayaanby shayaanBitmain’s cloud mining company BitFuFu revealed the state of Bitcoin mining in late 2024. After a record hashrate and difficulty, most miners …
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What is the true cost of producing one Bitcoin? A fresh report from Coinshares revealed some interesting findings, underscoring the rising mining …
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Mining
Wall Street’s Bitcoin Miners Boost Production, but Revenue Falls for 4th Straight Month
by shayaanby shayaanSeveral leading U.S. publicly listed mining companies from Wall Street, including TeraWulf, Riot Platforms, CleanSpark, and MARA, posted production gains in October. …
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Bitcoin’s mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks on the …
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Mining
Bitcoin Mining Costs Spike To Nearly $50K As Miners Look To AI For Survival
by shayaanby shayaanBitcoin mining is now a highly competitive industry that’s not just expensive but technology-intensive as well. Individuals interested in joining the growing …