Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
In May, a BTC sell-off trend for its miners began as its price fell to an 18-month low. More miners are forced to sell as the Bitcoin prices continue their downtrend and the electricity fees increase.
Calculations show that Bitcoin currently spends 56 times less energy than traditional monetary system, while Bitcoin Lightning is 194 Million times more energy efficient.
A BIS research paper suggests that the process of miners making profits by choosing the sequencing of transactions in a block should be considered illegal.
After Ethereum switches to proof-of-stake almost 1.1PH of mining power will need to find a new home
Passing the crypto mining bill into law will cause New York residents significant economic damage, according to Mayor Adams.
Ever increasing energy prices along with a dramatic decline in the price of Ethereum has made GPU mining unprofitable for many miners for the first time since 2020
With the recent price fall in Bitcoin, some mining rigs produced in 2019 are working in the red as the amount they mine does not compensate for the energy they spend.
Ethereum is closing on the Merge, marking a major milestone in the path to Proof-of-Stake, and creating uncertainty for the future for ETH layers 2s.
Bitcoin closed the week at green for the first time since late March 2022, is this the beginning of an uptrend?
