Bitcoin Miners’ Income Dwindles as September Yields Lowest Fees of 2024
TL;DR September 2024 saw the lowest monthly revenue for Bitcoin miners this year, with earnings dropping to $815.7 million, a 4% decline from August. Reduced transaction fees
mining (Latest Publications)
Ocean Launches Decentralized Mining Protocol to Combat Bitcoin Centralization
TL;DR Ocean launches DATUM, a decentralized mining protocol that allows miners to control block creation. DATUM offers an alternative to Stratum V2, decentralizing block construction in
Bitcoin Miner Hut 8 Launches New AI Cloud Service
TL;DR Hut 8 Corp., a Bitcoin mining company, has launched its new GPU-as-a-Service offering, starting to generate revenue with a GPU cluster. This cluster, which utilizes
Hut 8 and Bitmain Unveil Powerful New ASIC Miner—Mining Industry Eyes Efficiency Gains
TL;DR Hut 8 Corp. expands its partnership with Bitmain Technologies by launching the U3S21EXPH, a new ASIC miner with direct liquid-to-chip (DLC) cooling technology. The U3S21EXPH,
Santiment Reveals Why Crypto Miners Hold More Market Influence Than You Think
TL;DR Miners as Market Movers: Recent insights from Santiment highlight that crypto miners, by holding onto their mined assets, are now influencing market trends more significantly
Bitcoin Miners Double Down! Hash Rate Nears All-Time Highs Despite Slumping Revenues
TL;DR Hash Rate Nears All-Time Highs: Bitcoin miners are pushing the network’s hash rate to unprecedented levels, showcasing their commitment to network security despite economic pressures.
Bitcoin Mining Revenue Crashes to Yearly Low—What’s Behind the $99M Plunge?
TL;DR Bitcoin mining revenue dropped by $99 million in August 2024, reaching its lowest point this year due to the April 2024 halving event, which cut
Bitfarms Takes Control of U.S. Mega-Mining Site: 120 MW Capacity Unlocked
TL;DR Bitfarms expands in the U.S.: Bitfarms Ltd. takes control of a new data center in Sharon, Pennsylvania, marking its first large-scale site in the U.S.
Bitcoin Mining Giant Bitfarms Acquires Stronghold in $125M Stock Deal—What’s Next?
TL;DR Bitfarms acquires Stronghold for $125 million in stock, increasing its mining capacity. The deal includes a 70% premium for Stronghold shareholders and assumes $50 million
Senator Warren: “Crypto Mining Threatens U.S. Environment and National Security”
TL;DR Senator Elizabeth Warren has criticized cryptocurrency mining operations in the United States, arguing that they represent a threat to national security and energy infrastructure. The
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