Bitcoin Hash Rate Hits New All-time High, How Are Miners Coping?
It is becoming increasingly difficult to mine blocks on the Bitcoin network. In other words, the security of the leading crypto network is rising by the day, and this is…
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Despite Crypto’s Growth, Coinbase Remains the Only Major Public Exchange: CoinGecko
Coinbase stands as the largest publicly traded blockchain company, with a market cap of $71.2 billion as of February 8, 2025. This figure places it far ahead of its closest…
Bitdeer Buys $21M Land in Canada for 99MW Bitcoin Mining Facility
Bitdeer has made a step toward becoming a fully integrated Bitcoin mining company with a recent $21 million land acquisition in Canada. The company revealed on Tuesday that it has…
HIVE Digital Buys Bitfarms’ Paraguay BTC Mine for $56M
HIVE Digital has finalized the acquisition of Bitfarms’ partially completed 200-megawatt Bitcoin mining facility in Yguazú, Paraguay, for $56 million. The deal includes an upfront payment of $25 million due…
Grayscale Announces Bitcoin Mining Industry ETF (MNRS)
On Jan. 30, the firm announced the Grayscale Bitcoin Miners ETF with the ticker MNRS. The product is a passively managed ETF tracking the mining industry and the Indxx Bitcoin…
Russian Power Giant Rosseti Embraces Bitcoin Mining to Monetize Excess Capacity
Rosseti Group – Russia’s leading electric grid operator – has announced its interest in becoming an operator for hosting mining infrastructure. The company told TASS that this initiative focuses on…
Public Miners Surpass 35% of Bitcoin’s Total Hash Rate: MARA, CLSK and IREN Exceed 2024 Expansion Targets
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin’s total hash rate – a significant jump from…
Bitcoin Miners Bask in a 16% Hashprice Jump Amid BTC’s Triumphant Rally
As bitcoin’s valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power…
Bitcoin Mining Tightens: Difficulty Hits 110.45 Trillion Amid Revenue Slump
Bitcoin’s mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network’s hashrate remains relatively subdued, following a notable drop from…
Bitcoin Mining Difficulty Increases for 8th Consecutive Time: What Does This Mean?
Despite the current state of the crypto market, Bitcoin miners are having an even more difficult time producing blocks and running their operations. Bitcoin mining difficulty hit an all-time high,…
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