Mining
Marathon Digital mines record 825 BTC in March
The company's unrestricted BTC holdings increased to 11,466 BTC — while unrestricted cash and cash equivalents sit at $124.9 million.
Zeynep Geylan 2 min read
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Bitfarms Q1 Bitcoin production rose 35% to 1,297 BTC YOY
Bitfarms said it sold 394 Bitcoin at an average selling price of $24,700 per BTC for $9.7 million. The firm still holds 435 BTC as of March 31.
Mining
BTC miner TeraWulf grew revenue over 140% in Q4’22
TeraWulf grew its mining operations by adding 110 MW of mining infrastructure — looking to add another 50 MW by the end of Q2'23.
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Mining
Nvidia says ‘crypto adds nothing useful to society’ after billions in mining sales
Nvidia CTO, Michael Kagan, criticizes cryptocurrencies as not bringing anything useful to society.
Mining
Theories abound as Bitcoin hash rate records unprecedented rise
Hodlonaut asked the community for their take on the 'frightening' rise in Bitcoin hash rate — mining firm CEO responds to alleviate concerns.
Culture
Crypto twitter turns Greenpeace’s attempt to vilify BTC via art piece into meme
The Skull of Satoshi is the latest in Greenpeace's now year-long "Change the code" campaign to vilify Bitcoin by painting it as an environmental hazard.
Mining
Signature Bank closure highlights benefits of holding Bitcoin, says Marathon Digital
Marathon said its 11,000 BTC holdings provided it "financial optionality that extends beyond the traditional banking system."
Mining
Bitcoin hashprice drops as miners face possible 30% energy tax
Jaran Mellerud said Bitcoin's mining difficulty and hashrate has soared by more than 20% in 2023 while the asset's decline has erased most of the gains it made early in the year.
Mining
Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners
The tax on energy use aims to reduce the country's deficit by billions of dollars.
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Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report
Mining
Marathon says it has repaid Silvergate loan, terminated credit facility
Mining
New hash rate coming to the network is over 90% sustainable
Regulation
