MINERS
Cipher Mining's Strategic Expansion: 16,700 New Miners Ahead of Bitcoin Halving
Cipher Mining gears up for Bitcoin's 2024 halving with a strategic purchase of 16,700 new miners, eyeing increased market value and mining capacity.
Bitcoin Mining Difficulty Spikes 13.55%, Reaches New ATH of 35.6 Trillion Hashes
Mining difficulty has reached a new all-time record, indicating that more miners are participating in the network.
Crypto Miners in Texas Halted Due to Extreme Heat
Many crypto miners have shut down operations due to a heatwave in Texas.
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.
Bitcoin Hits a Five-month Low of $39,650, Leading to $323M Liquidation for Crypto Traders
Bitcoin prices hit a five-month low of $39,650 on Monday, before briefly dipping 40K before bouncing back to the $41.5K level with over 103,839 traders were liquidated in the past 24 hours, valued at$329.63 Million.
Canaan Deploys 10,300 Mining Machines in Kazakhstan, Expanding its Mining Operations
Canaan announced that it has signed strategic cooperation agreements with a number of crypto mining companies and plans to launch joint mining operations in Kazakhstan.
Ethereum Miner Balances Hit a 50-Month High as ETH Leads in NFT Sales
Ethereum (ETH) miners have seen their holdings go through the roof to the tune of $1.85 billion.
Bitcoin Mining Difficulty Hits One Month High
The Bitcoin mining difficulty has increased for the third time in a row, reducing miners profitability.
Topnotch Bitcoin Mining Machine Manufacturer Bitmain Suspends Sales due to Chinese Crackdown
The world's top bitcoin mining machine manufacturer Bitmain Technology Co., Ltd. announced that it would suspend the sale of mining machines worldwide in response to the Chinese government's recent crackdown on domestic mining activites.
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.
‘Millionaire’ Bitcoin Whales Accumulates Extra 90,000 BTC
According to Santiment, an encrypted market data aggregator, approximately 90,000 Bitcoins have been accumulated by Bitcoin whales in the past 25 days.
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 Mining Technology Luxor Completed $5M Series A Funding Led by NYDIG
Luxor announced the completion of a Series A funding with a total value of $5 million.
BTC Surges after Elon Musk Discussed With North American BTC Miners
Elon Musk disclosed that he held discussions with North American Bitcoin miners and agreed to support efforts to make crypto mining greener.
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.