Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says
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Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its…
Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits
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With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only…
Coinbase Reports $1.4 Billion in Q2 Revenue Amid Industry’s Regulatory Advances
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Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in…
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
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Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant….
Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June
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Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of 1 petahash…
Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023
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After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since…