Bitcoin mining pool OCEAN has acknowledged that a portion of its miners’ hash rate was unintentionally directed to the BIP-110 chain for …
Miners
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Key Takeaways MARA’s Q2 revenue fell 27% to $174.9 million, missing Wall Street estimates by more than 16%. Riot Platforms and MARA …
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Bitcoin miners’ pivot into artificial intelligence and high-performance computing (HPC) is reshaping their business models, but investors are no longer rewarding new …
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Bitcoin [$BTC] miners are in a tight spot as market distress deepened to levels last seen in 2019. The ripple effects could …
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Mining
Bitcoin miners’ AI pipelines are on trial as Texas freezes 474 GW of data center requests
by shayaanby shayaanTexas Gov. Greg Abbott ordered the Public Utility Commission and ERCOT to audit every data center project seeking a grid connection before …
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Mining
Texas Bitcoin Miners with Secured Power Capacity Could See Valuation Gains
by shayaanby shayaanInvestment firm Bernstein has indicated that Bitcoin miners and AI infrastructure companies operating in Texas with secured power capacity may see their …
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Key Takeaways Bitcoin mining revenue rose to $875.35M in July, rebounding $38.93M from June. Hashrate Index shows hashprice climbed to $31.59 per …
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Mining
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
by shayaanby shayaanTexas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. …
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Bitcoin mining difficulty has dropped 19.9% from its peak in the third deepest ASIC era decline on record, as miners sell bitcoin …
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Mining
Bitcoin Hashrate Declines for 287 Days, Difficulty Down 19.9% from Peak as Miners Pivot to AI
by shayaanby shayaanBitcoin’s network hashrate has been on a downward trend for approximately 287 days, with mining difficulty now 19.9% below its all-time high, …