Bitcoin Mining Difficulty Drops 10% as Hashprice Hits $33
Bitcoin mining difficulty fell 10%, easing miner pressure. Hashprice rose to $33 as BTC trades at $65,881. Key trends reshaping mining economics.
Crypto Lobby Pushes Congress to Pass Staking Tax Bill Unchanged
Crypto advocates urge Congress to approve the Tax Clarity for Mining and Staking Act without amendments, aiming to address 'phantom income' taxation.
BTC Mining Firm Griid to be Listed on NYSE, valued at $3.3B
Bitcoin mining company Griid announced that it will merge with Adit EdTech Acquisition Corp through a special purpose acquisition company (SPAC) to be listed on the New York Stock Exchange under the stock code "GRDI".
Sparks Fly: Bitcoin and Ethereum Debate on ETH’s Total Supply Goes Viral
Over the past few days, a central debate has been ongoing on crypto Twitter, fueled by Bitcoin and Ethereum advocates. Both Bitcoiners and Ethereans disagree on which cryptocurrency is better for use.
Maple Finance Loans $300m to help Struggling Bitcoin Miners
The lending fund is designed to support crypto mining firms impacted by the market downturn.
Bitcoin Mining Transforming Global Energy Crisis, Says Arcane Research
Arcane Research suggests crypto mining would help to resolve the energy crisis triggered by fossil fuels.
Bitcoin Ordinals Create Stir Within Crypto Community
Luxor CEO Nick Hansen stated Bitcoin Ordinals might produce "synergies" between the mining pool and OridinalHub.
Riot Mined 6,626 Bitcoin, Clinching Record $281M Revenues in 2023
Riot Platforms saw a $280.7 million revenue boost in 2023, attributed to increased Bitcoin production, higher average prices, a strong balance sheet, and enhanced hash rate capacity.
Bitcoin Hashrate Resumes More Than Doubles Amid BTC Being up by More Than 441% since the Halving
Bitcoin’s hashrate has been on the right footing because it has resumed more than doubled after falling by 50% amid intensified crypto mining crackdowns by Chinese authorities.
Texas City Fort Worth Becomes First Government to Mine Bitcoin in the US
Fort Worth, a City in Texas State, announced Tuesday to become the first city government to mine Bitcoin in the United States.
Melanion Capital Advocates for Bitcoin Mining Against Swedish Government's Banning Call
Swedish authorities' call to ban Bitcoin mining across the EU has been faulted by Melanion Capital who says the position is "completely misinformed."
Bitcoin Hashrate Has Almost Completely Recovered after Dropped by 93%
Bitcoin miners have been on the right footing after relocating other areas like the United States, Kazakhstan, and Iraq because the hashrate has nearly fully recovered based on a 93% surge.