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Bitcoin Mining

Covering the most recent crypto news on Canaan, Riot Blockchain, Bitfarms, Bit Digital, Hut 8, Hive Blockchain, Argo Blockchain and more.


Markets

Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners

The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.

By James Van StratenNov 5, 2024

Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners

Finance

'There's No Catch': Bitcoin Mining Startup Promises Free Money to Renewable Energy Companies

Bitcoin mining could eventually help develop a global index for the price of electricity, according to Sangha Renewables President Spencer Marr.

By Tom CarrerasNov 4, 2024

'There's No Catch': Bitcoin Mining Startup Promises Free Money to Renewable Energy Companies

Policy

Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

By Tom CarrerasNov 1, 2024

Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

Markets

Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan

The network's monthly average hashrate surged to a record high, the report said.

By Will CannyNov 1, 2024

Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan

Markets

Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'

The broker said the miner's growth isn't priced-in and initiated coverage of the miner with $9 price target.

By Will CannyOct 29, 2024

Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'

Finance

An Arctic Circle Bitcoin Mine Will Heat a Building in a Fishing Village

Retail-focused Sazmining is starting a modest-sized bitcoin mining operation, using hydropower, in a small Norwegian fishing town.

By Tom CarrerasOct 28, 2024

An Arctic Circle Bitcoin Mine Will Heat a Building in a Fishing Village

Markets

BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies

The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.

By Will CannyOct 28, 2024

BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies

Finance

Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago

AI clusters and bitcoin mining operations have vastly different needs. Core Scientific's chief development officer gets down to the nitty gritty.

By Tom CarrerasOct 23, 2024

Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago

Markets

U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan

The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.

By Will CannyOct 16, 2024

U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan

Finance

Blockstream Raises $210M in Convertible Note Financing Round

The money will be used to advance adoption and development of Blockstream's layer-2 technologies, to grow the company's mining operations, and expand its bitcoin treasury.

By Will CannyOct 15, 2024

Blockstream Raises $210M in Convertible Note Financing Round

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