Bitcoin Hashprice Tumbles as Miners Brace for Tougher March
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Bitcoin’s hashprice—the estimated earnings generated by operating 1 petahash per second (PH/s) of mining power—has dipped from $53.13 per petahash down to…
US Loosens Grip on Seized Bitcoin Mining Rigs, but Many Remain Confiscated
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U.S. authorities have begun releasing seized bitcoin mining equipment after months of scrutiny over Chinese-made chips. Thousands of units are freed, but…
As February Winds Down, Bitcoin Miners See a $190M Drop in Revenue
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According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day…
Bitcoin Miner MARA Sees Revenue Soar 69% in 2024
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MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA’s…
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
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Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including…
Crypto Mining Equipment Manufacturer Bgin Blockchain Plans $50 Million IPO
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Singapore-based Bgin Blockchain Limited has filed with the U.S. Securities and Exchange Commission for an initial public offering (IPO) expected to raise…
Report: US Customs Impound Bitcoin Miners as Tech Regulations Tighten
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According to a newly published report by Blockspace, U.S. Customs and Border Protection (CBP) is said to have been impounding bitcoin application-specific…
Bitcoin Difficulty Leaps 5.61% to a Staggering 114.17 Trillion
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Bitcoin’s computational difficulty leaped by 5.61% at block height 883,008, catapulting its measure to a historic peak of 114.17 trillion, as per…
Cleanspark Achieves $162 Million in Revenue at $34,000 per Bitcoin Mining Cost
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Bitcoin mining firm Cleanspark reported $162.3 million in Q4 2024 revenue, a 120% year-over-year increase. With 10,500 BTC in reserves and a…
Russia Enforces Crypto Mining Oversight—Miners Must Report Earnings
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Russia now requires crypto miners to report earnings by the 20th of the following month, tightening oversight and restricting mining to approved…