Search Results for "miners"
A Breakout May Happen in the Bitcoin Market Soon, says Market Analyst
Market analyst Michael van de Poppe believes that a breakout might happen in the Bitcoin market in the course of the week because the volume is draining down.
Bitcoin Miners’ Wallet Net Flows Are Increasingly Turning Negative
Bitcoin (BTC) experienced a sharp correction that drove the price to lows of $30k . Some analysts believe that Bitcoin miners have been on the receiving end because the recent market crash slashed their profit margins.
Bitcoin Miners Are Not Selling But Accumulating Their Crypto Funds
Glassnode data shows that miners are not willing to sell their Bitcoins amid a market wide exchange shortage of the cryptocurrency. The shortage comes as institutions continue buying crypto assets in droves.
Bitcoin Miner CleanSpark Acquires 36 MW Facility, 3,400 Antminers for $25M
CleanSpark made the acquisitions to expand its operating presence while maintaining cost-effective production rates.
Crypto Miners in Texas Halted Due to Extreme Heat
Many crypto miners have shut down operations due to a heatwave in Texas.
Bitcoin Plunges to $32,266 amid the Intensified FUD Sentiment from China
As China has strengthened the supervision of cryptocurrency mining and related trading, fear, uncertainty, and doubt (FUD) sentiment has intensified among investors. BTC/USDT plummeted nearly 10% today, as low as $32,266.
Marathon Digital Buys 78,000 Antminer S19 XP Bitcoin Miners Worth Almost $900M
Marathon Digital Holdings announced that it ordered 78,000 Antminer S19 XP bitcoin mining machines worth $879.06 million from Bitmain.
Dual Miners Launches Dual Miners with SHA-256 and Scrypt
Chip design and the manufacturing company Dual Miners announced the launch of SHA-256 and Scrypt, as the first dual-mining machine hardware equipment worldwide, which is expected to be more energy efficient than other algorithms.
British Columbia Will Stop Crypto Miners From Getting Electricity
British Columbia's state-owned electric company will suspend bitcoin miners' electricity-connection requests for 18 months. The halt will enable the government and BC Hydro to create a permanent structure that better balances crypto miners and residents and businesses. BC Hydro powers seven crypto-mining businesses.
Bitcoin Mining Difficulty Hits One Month High
The Bitcoin mining difficulty has increased for the third time in a row, reducing miners profitability.
Bitcoin Hash Rate Reaches Peak Amidst Price Fluctuations
The benchmark responsible for the level of confidence that miners have in the Bitcoin network has been seen to reach its all-time high on Thursday.
Georgia State Becomes next Mining Hub, Bitcoin Miners Enjoy its Green Energy
The exodus of crypto mining operations out of China massively has become a blessing in disguise to the United States, given that it now takes the lion’s share.