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Mining
Cipher Mining Bolsters Operations With 16,700 Bitcoin Miners From Canaan
The Nasdaq-traded mining company Cipher Mining unveiled plans to expand its Bear LLC and Chief Mountain LLC…
December 2023 Sees Record Bitcoin Mining Revenue: $1.51 Billion Amassed With Soaring…
In December, bitcoin miners garnered the highest monthly revenue of the year, amassing $1.51 billion. Additionally,…
5 Mining Pools Dominated in 2023, Discovering Over 84% of Bitcoin’s Blocks
Over the past year, statistics reveal that 54,002 bitcoin blocks have been mined from Dec. 30, 2022, to Dec. 30,…
Report: EU Represents Just 6% of Bitcoin Mining Hashrate, US Significantly Leads China
The countries in the European Union collectively account for 6% of the Bitcoin network’s hashrate while the…
Bit Mining Sells Btc.com’s Mining Operations for $5 Million
On Friday, Bit Mining Limited declared it had sold the mining pool operations of Btc.com to a Hong Kong limited…
Bitcoin Miners Offload $129M BTC in Day, Sending Reserves to the Lowest Point Since May
Bitcoin miners' reserves slid to the lowest since May following a spate of withdrawals to exchanges this week, data…
Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National…
The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.Source
Study Observes Consolidation of Bitcoin Mining Rewards With Antpool
In a significant shift within the bitcoin mining landscape, Antpool’s resurgence in 2023 has marked a…
Publicly Listed Bitcoin Miners Soar in 2023 — Marathon Leads With 767% Surge
Since the year began, both bitcoin and the broader crypto economy have risen a great deal in value, with bitcoin…
Bitcoin Mining Difficulty Hits Record 72 Trillion Amid Hashrate Surge and $600M Spent on…
On Dec. 23, 2023, Bitcoin’s mining difficulty soared to a record level at block height 822,528. The…
