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Block Reward Cut: Miners Must Stake Bitcoin, Plug into Depins to Offset Revenue Loss

According to one expert, bitcoin currently needs to trade above $55,000 for miners to break even and $94,000 for them to return to profitability levels seen before the halving. To…

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Barefoot Mining CEO: Wars Will Be Fought Over Bitcoin Blockspace

Bob Burnett, CEO of Barefoot Mining, a bitcoin mining company providing off-grid “wild” mining services, has declared that wars will be fought over Bitcoin blockspace. In a recent interview, Burnett…

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Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden

Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage.…

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Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year

In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of…

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Airbnb Host Imposes No Mining Rule After Guests Rent Her Property to Mine Crypto

An Airbnb host, Ashley, shared her experience on Tiktok about guests who accumulated a $1,500 electricity bill by setting up an electric vehicle station and mining cryptocurrency during their three-week…

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MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase

MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a…

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Bitcoin Miner Cleanspark Acquires Wyoming Mining Site

Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add…

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Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars

Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant. This recovery is attributed to improved revenues, which…

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