Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
Core Scientific said in its quarterly report that "substantial doubt" exists about its ability to continue going if it fails to raise liquidity.
Miners selling at the most aggressive rate over the last two years as the Bitcoin network set to adjust difficulty negatively for the next epoch.
Analysts have predicted that the next mining difficulty could be extremely negative as blocks aren't being found or are being found late due to the high mining difficulty.
Difficulty is expected to adjust down as hashrate slows suggesting a possible top is in
Bitcoin mining analyst Jaran Mellerud said while Bitfarms' Bitcoin sales helped it to reduce its debt burden, he pointed out that the miner does not have much Bitcoin left.
Despite a 71.7% decline in net income, Canaan's mining revenue rose 1,002.7% to $8.7 million.
St. Kitts and Nevis Prime Minister Terrance Drew announced plans to adopt Bitcoin Cash as legal tender and mine it as a country.
The ongoing market slump caused by the FTX fallout hasn't left Bitcoin miners unscathed. The market has seen the biggest one-day miner selling pressure…
Inflation has fallen to -0.032/year, according to Ultrasound money, suggesting that the network is currently burning more Ether than it is minting.
