Tag: Mining profitability

The bitcoin network has seen a significant increase in hashrate, surpassing 700 EH/s for the first time. This marks a 6% growth in the past week, indicating a strong uptrend in mining activity. Hashrate...

Bitcoin Miner Capitulation and Record Hashrate Suggest Price Bottom: CryptoQuantBitcoin miners are sending positive signals to the market as they increase their network hashrate despite a recent drop in bitcoin prices. This increase in...

Bitcoin mining companies have seen a mix of results in October, with some experiencing gains while others faced losses. Despite Bitcoin itself dropping by 4.5%, companies like Riot Platforms (RIOT), Galaxy Digital (GLXY), and...

Marathon Digital and Riot Blockchain, two of the largest public Bitcoin miners, have achieved record-breaking production levels following the halving event in April. Despite the challenges posed by increasing mining difficulty, both companies have...

Core Scientific recently announced a groundbreaking deal with CoreWeave, a cloud-computing firm, to boost its artificial intelligence capabilities. This move comes at a critical time for bitcoin miners, who have been facing challenges following...

Bitcoin's hashprice has surged to a two-month high, reaching over $50 for the first time in mid-August. This increase is a positive sign for miners who have been struggling due to harsh market conditions....

Bitcoin mining difficulty saw a significant drop of 7.8% on June 5, 2024, reaching levels not seen since before the halving event in April. This is the largest difficulty drop since the collapse of...

Marathon Digital, a Bitcoin miner, has recently diversified its revenue streams by mining Kaspa tokens. Since September 2023, Marathon has mined a total of 93 million KAS tokens, which are currently valued at approximately...