Top 3 reasons why Bitcoin hash rate continues to attain new all-time highs
Bitcoin miners continue to take advantage of the falling GPU prices to upgrade their mining equipment as they aim to remain competitive in the fierce competition.
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Grayscale Partners With Foundry to Launch Bitcoin Mining Investment Product
Grayscale – the world’s largest cryptocurrency asset manager – has announced a new investment product providing exposure to Bitcoin mining hardware. The fund will raise money for buying Bitcoin ASIC…
Norway’s Finance Minister Thinks Local Bitcoin Miners Should not Pay Less for Electricity
Trygve Slagsvold Vedum – the Finance Minister of Norway – urged the government to scrap its crypto program that allows domestic bitcoin miners to pay a reduced rate on electricity.…
Marathon Digital Reports $80 Million Exposure to Distressed Data Center (Report)
The US-based bitcoin miner – Marathon Digital Holdings Inc. – reportedly has exposure of more than $80 million in one of its hosting providers – Compute North. Two weeks ago,…
Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher
As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped…
Marathon Digital Mined Twice as Much BTC in September Compared to August
The leading cryptocurrency mining company – Marathon Digital – mined 360 BTC during September, which is a significant improvement compared to the 184 BTC produced in August. The company’s total…
Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal
The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information,…
Marathon reports $80M exposure to bankrupt mining firm
Marathon has outlined that at this stage its operations hosted by Compute North will continue to operate as usual, and highlighted an improved BTC mining production in Q3.
Grayscale announces new arm to invest in Bitcoin mining hardware
Grayscale plans to buy mining equipment at discounted prices and offer co-investment opportunities to accredited investors.
Norway’s government proposes eliminating reduced electricity tax for Bitcoin miners
"We are in a completely different situation in the power market now than when the reduced rate for data centers was introduced in 2016," said Norway's finance minister.
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