Bitcoin Mining
Where Will the Miners Go Following China’s Renewed Crypto Crackdown?
The calendar may provide a clue to China’s recent crypto crackdowns, with some saying it is at least plausible the Chinese authorities would send a strong warning to the crypto industry in the weeks leading up to July 1, the 100th anniversary of the Chinese Communist Party.
Is Now the Time to Buy Bitcoin?
QCP Capital Co-Founder and CIO Darius Sit discusses mixed signals for bitcoin and whether this is a smart time to invest now. “Bitcoin is “the king coin,” Sit said. While Ethereum can potentially trade higher than bitcoin, he said he believes that bitcoin will hold value better in the long run.
China Crypto Crackdown: Calendar Offers Clue as to 'Why Now?'
Crypto crackdowns tend to intensify amid politically sensitive times in China.
Bitcoin Hashrate Stabilizes After China Crackdown
The majority of the reduction stemmed from China's move to shut down cryptocurrency mining operations in the country, with a little bit from Iran.
Hut 8 Buys $44M Worth of Mining Machines to Double Its Hashrate
The purchase will bring the company 11,090 new miners from SuperAcme Technology.
China's Bitcoin Mining Crackdown Is a Boon for Miners Elsewhere
Miners outside of China are getting a financial boost from their competition’s forced exile. Will the trend continue?
Blockware Raises $25M to Expand Bitcoin Mining Operations in Kentucky
The mining firm will use the funding to buy 14,000 rigs – 8,000 for itself and 6,000 to sell.
Challenges and Opportunities for Bitcoin Mining in North America
Zack Voell of Compass Mining breaks down his comprehensive report on mining entitled "North American Bitcoin Mining Index (NABMI)." He discusses the key findings and crypto market implications from six months of data analysis on "companies, capital, and energy mix powering Bitcoin mining in North America."
Why Bitcoin Mining Hashrate Dropping to 1-Year Low Following China Crackdowns Is Good News for Miners
China's continued crypto crackdowns have been a blow for mining operations based in the country, but for miners in other parts of the world, it might be good news. Bitcoin's hashrate, a measure of the computational power working to secure the blockchain network, dropped to its lowest since May 2020. Meanwhile, the BTC mining difficulty could see a 25% decrease in July. "The Hash" hosts unpack why this is a windfall for active miners outside of China.
Musk’s Tweets Swayed Some Investors on Bitcoin Environmental Concerns, Survey Shows
A survey shows some 49% of respondents said that “bitcoin being environmentally unfriendly" is an issue for them as an investor.
