Tag: Cryptocurrency mining industry
Bitcoin Hashrate Growth Slows, Impacting Smaller Miners
Bitcoin Hashrate Growth Slows, Impacting Smaller MinersThe world of Bitcoin mining is experiencing a significant shift, as evidenced by the latest report from MinerMag. After a period of rapid expansion, the growth of Bitcoin's...
Embracing the AI Boom: Northern Data Considers Leaving Bitcoin Mining Roots
Northern Data, Europe's largest Bitcoin miner, is considering selling its mining division, Peak Mining, to focus more on its rapidly growing AI Solutions business. The company has seen significant growth in its AI segment,...
Bitcoin Mining Profits Declined in July, According to Jefferies
Bitcoin mining profits experienced a slight decline in July, according to a report by investment bank Jefferies. The bank noted that the profitability of Bitcoin mining was marginally less in July compared to the...