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Riot’s Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone’

Bitcoin mining company Riot Platforms reported a 23% increase in bitcoin production in October, driven by increased hashrate and operational efficiency. Riot’s Latest Financial Update Bitcoin mining giant Riot Platforms…

Continue ReadingRiot’s Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone’

Bitcoin Mining Becomes More Competitive as Hashrate Reaches New ATH: CryptoQuant

With BTC’s value nearing its all-time high of $73,700 a few days ago, Bitcoiners seemed poised to see a new price high for their favorite crypto asset. Even Bitcoin miners…

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Riot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower

Bitcoin mining firm Riot recorded $84.8 million in revenue in the third quarter of 2024, representing a 65% increase over the same quarter in 2023. This growth can be attributed…

Continue ReadingRiot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower

The US Election is Just Days Away: Which Party is Best for Bitcoin Mining Stocks?

Ever wondered how U.S. presidential elections impact the stock market? We explore historical trends, stock market predictions, and Bitcoin price movements under different administrations. The following guest post comes from…

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Coinshares Report: Inside Bitcoin’s Cost Crunch—Why Mining Expenses Are Hitting Record Highs

Coinshares’ Q3 mining report, led by researcher James Butterfill, highlights mounting costs and challenges impacting the bitcoin mining industry in 2024. How Bitcoin Mining Industry Giants Are Battling Rising Prices…

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