Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
The company pointed at the decreased production, falling Bitcoin prices, and increasing cost of revenues as the main factors that contributed to its net loss.
Zeynep Geylan 2 min read 
Bitcoin mining's mining difficulty has barely budged over the past week and saw a 0.19 percent drop following the most recent adjustment on Nov. 7.
Bitcoin miners are selling coins at an accelerated pace which could be indicative of future upside potential.
Growing energy consumption caused by an influx of Bitcoin miners would lead to a growth in a highly skilled workforce, bring a notable increase in income, and improve surrounding infrastructure.
As Lebanon's economy struggles and people lose trust in banks, they are relying on Bitcoin and Tether to store funds and make payments.
Bitcoin mining difficulty will adjust on Nov.6 and is expected to increase for the third time in a row.
Iris Energy is underwater on its loans and currently unable to meet monthly payments due to tight mining margins.
Hashrate increases causing pressure on Bitcoin miners while investment into the space continues
If Argo fails to secure another strategic investment, the cash-strapped company could shut down in the coming months.
