Bitcoin’s hashrate has picked up speed, adding 88 exahash per second (EH/s) over the past 11 days after falling to 810 EH/s …
Miners
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Mining
Esports Giant Ninjas in Pyjamas Buys Bitcoin Miners, Expects Monthly Production of $6.5M in BTC
by shayaanby shayaanNIP Group, the parent company of iconic esports organization Ninjas in Pyjamas, announced on Tuesday that it is entering the game of …
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Mining
MARA’s $5.4B Bitcoin treasury grows to 50k BTC as miners adopt a HODL strategy
by shayaanby shayaanMARA (formerly Marathon Digital) reports its Bitcoin holdings have increased to 49,940 BTC, bringing the digital asset miner to the edge of …
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Mining
Summer Curtailments Slash Bitcoin Production for US Miners Amid Grid Pressures
by shayaanby shayaanThe summer heat is taking a toll on U.S.-based Bitcoin mining operations, with multiple public miners reporting lower realized hashrates in June …
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Even though the price of Bitcoin has more than doubled their production costs, miners are not selling their holdings. That is what …
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Mining
Bitcoin Network Hashrate Declined in June as Miners Reacted to Recent Heatwave: JPMorgan
by shayaanby shayaanThe Bitcoin network monthly average hashrate fell about 3% in June, Wall Street bank JPMorgan (JPM) said in a research report Tuesday. …
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Bitcoin miners are earning the least they have in a year, yet most still largely refuse to part with their coins, according …
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Bitcoin miners are holding onto their assets even as mining profitability dips to multi-month lows, a new CryptoQuant report shared with CryptoSlate …
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Mining
Hashrate Sinks to 8-Month Low—Golden Entry or Looming Risk for Bitcoin Miners?
by shayaanby shayaanAccording 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, …
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Mining
U.S.-Listed Bitcoin Miners’ Share of Network Hashrate Hit Record High in June: JPMorgan
by shayaanby shayaanThe total hashrate of the 13 U.S.-listed bitcoin BTC$107,661.84 miners tracked by JPMorgan (JPM) now accounts for around 31.5% of the global …