Hodlers and whales: Who owns the most Bitcoin in 2022?
While the Bitcoin blockchain is public, knowing who owns the most Bitcoin in 2022 isn’t as simple as it should be. Here’s what we know.
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Marathon’s Crypto Mining Capacity Crippled Due to a Massive Storm
Marathon Digital Holdings – one of the leading cryptocurrency mining companies – said that 75% of its operations are currently without power because of a devastating storm that passed recently…
Bitcoin miner Mawson to defer all major capital expenditures until market conditions normalize
The bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year.
Switzerland-based crypto mining firm expands operations to Texas
The company reported its operations in the United States will have an initial capacity of 3 megawatts, aiming for the firm’s total hashrate to be more than 1.6 EH/s.
Uzbekistan warms up to Bitcoin mining, but there’s a catch
The executive order spares all the mined assets from taxation and bans mining anonymous currencies.
Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K
The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow.
Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The…
Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop
The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power.
Bitcoin Electricity Consumption Down by 25% Since Early June
Bitcoin’s energy consumption has reportedly declined drastically since only three weeks ago. Estimates from the Cambridge Bitcoin Electricity Consumption Index on Friday show that the network now consumes more than…
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday,…
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