Research
Bitcoin miner revenue stabilizes as Inscriptions demand wanes
The normalization of miner revenue and the decrease in transaction fees suggest that the market has adjusted to the Inscriptions phenomenon.
Andjela Radmilac 3 min read
Mining News
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Vanguard’s investments in Bitcoin mining firms Marathon, Riot approach $620M
Vanguard otherwise maintains a hesitant stance towards cryptocurrency.
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Bitdeer pushes crypto mining expansion with new Norway, Bhutan data centers
Bitdeer to focus on ambitious growth strategies with new data centers and increased managed hash rate
Latest Mining News & Analysis
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Bitcoin halving may push miners’ net profit into negative territory
Mining analysts said the next Bitcoin halving is expected to double the cost of mining one BTC to $40,000, driving a lot of miners out of the market.
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Riot leverages Texas power strategy to fund operations as BTC balance increases
June 2023 performance report: Riot produces 460 BTC, executes power strategy and plans hash rate boost
Mining
Bitcoin miners cash in on June price surge, selling thousands of BTC
Bitcoin miners Marathon Digital, Cleanspark and Hut 8 confirmed that they sold over 70% of their mined BTC in June.
Mining
Hut 8’s ESG report sheds light on sustainability efforts in the crypto industry
Hut 8's ESG report highlights the crypto industry's sustainability challenges and high rates of energy use.
Mining
Bitcoin miners sent 260% of their daily revenue to exchanges
A small drop from the all-time high on June 22, when miners sent an equivalent of 315% of their daily mining revenue to exchanges.
Mining
Hut 8 nabs $50M Coinbase credit facility ahead of merger with US Bitcoin
CEO Jaime Leverton says the credit facility provides the firm with "additional financial flexibility."
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Culture
Brooklyn spa’s Bitcoin mining-heated pools spark controversy on social media
Bankruptcy
Bitcoin miner Core Scientific files Chapter 11 ‘reorganization’ plan
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CleanSpark adds hashrate with $9.3M acquisition of Georgia mining campuses
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