
Bitcoin mining remained unprofitable throughout Q3
Miners are feeling the hard times, especially with rising debt obligations and difficulty finding liquidity options.
Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.

Lawmakers argued that ERCOT's support for crypto is irresponsible as miners are paid to offset energy load from the grid at the expense of Texan residents.

The network's total hash rate currently stands at 240 EH/s and is expected to increase even further.

Spiking hash rates make Bitcoin mining more competitive than ever before. In this environment, mining revenue continues to slump. But the extent to which miners are selling BTC is lessening.

Marathon holds 10,670 BTC, which is valued at roughly $207.3 million.

The Poolin Bitcoin mining pool sees a sharp drop in hash rate and block rewards following a freeze on withdrawals due to liquidity problems.

The 355 BTC Riot produced in September brings the company's total holdings to 6,775 BTC.



