Bitcoin miners’ worst days may have passed, but a few key hurdles remain
A handful of improving metrics show profit margins slowly improving for Bitcoin miners, but key areas of the sector remain under pressure.
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A handful of improving metrics show profit margins slowly improving for Bitcoin miners, but key areas of the sector remain under pressure.
Despite much turmoil in 2022, the Bitcoin mining industry’s hashing technology only continued to grow more efficient throughout the year, according to a new survey from the Bitcoin Mining Council…
Here is why a run-of-the-mill cooler is actually the perfect home for a dorm-based Bitcoin miner.
Some BTC miners have declared bankruptcy or sought financial aid to stay afloat. Others are finding unique ways to grow amid the bear market.
An increase in Bitcoin trading volume and positive on-chain data appear to be the primary forces behind BTC’s newfound strength.
The approval violates the New York climate law of 2019, plaintiffs claim. The facility was acquired by the Canadian crypto mining firm Digihost.
Local stakeholders believe that a crypto mining moratorium might actually mean the beginning of a new dialogue between the government and the industry.
“During 2022, Bitfarms began taking proactive actions to increase financial flexibility and to reduce indebtedness and capital expenditure obligations,” according to CFO Jeff Lucas.
According to Celsius, Touzi Capital made the best offer for the mining rigs following discussions with “several brokers and market participants”.
Join us as we discuss everything you need to know about mining crypto from the comfort of your home. Hosting the show will be Cointelegraph’s head of markets, Ray Salmond,…