Browsing: Mining
Bitcoin and crypto mining news covering hashrate, miners, energy, public companies, hardware and network economics from NBTC News.
Many things have changed since Satoshi Nakamoto mined the first Bitcoin block on January 3, 2009. Nowadays, mining has become…
On-chain data reveals a significant Bitcoin mining difficulty adjustment, with the network’s complexity plunging by 11.16% this week. This substantial…
Several local mining experts agree that there is sufficient gas in the country to establish a mobile fleet of bitcoin…
The biggest Bitcoin mining facility in Russia, BitRiver, has found itself in an expanding legal and financial crisis that is…
IREN’s (IREN) latest earnings offered a snapshot of a company mid-transition, with shares currently paying the price for that transition.…
Local authorities in Butuo County, located in China’s Sichuan Province, have taken decisive action against virtual currency mining. The county…
Miner capitulation is back as bitcoin’s $70,000 price fails to cover $87,000 production costs
By NBTC
Bitcoin $BTC$71,091.27 is now approximately 20% below its estimated average production cost, increasing financial pressure across the $BTC mining sector.…
In a significant demonstration of operational scale, Bitfufu, the prominent cloud mining platform under the Bitmain umbrella, successfully mined 229…
Sovcombank, the ninth-largest Russian bank by assets, said it became the first financial institution in the country to offer bitcoin-backed…
Bitcoin mining profit crisis hits as difficulty to drop by 14% this weekend while block time spikes to 20 minutes
By NBTC
While price action has always been volatile and, arguably, exciting, the Bitcoin network itself is built to feel boring. Ten…