Bitcoin Mining

Bitcoin Mining

Finanzas

Hut 8 Mining Revenue Continues Decline in Q1

Hut 8's Q1 2020 earnings fell, pulled lower by falling revenue, decreased EBITDA and increased collateral requirements.

Mining equipment (Shutterstock)

Mercados

Crypto Long & Short: Bitcoin Markets Are Growing Up. Bitcoin Mining Is, Too

There is a notable shift in the style and profile of bitcoin miners, towards more sophisticated structures and financial engineering.

Stack of bitcoin miners

Mercados

Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation

After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Mercados

One of Bitcoin’s Earliest Miners Is Dedicating $66M in Crypto to a Fund of Funds

Bixin, one of the earliest bitcoin miner operators and wallet startups, is dedicating 6600 bitcoin, worth $66 million, to a new fund of funds.

Bitcoin mining farm (CoinDesk archives)

Tecnología

Bitcoin Node Count Falls to 3-Year Low Despite Price Surge

The number of Bitcoin nodes fell to its lowest level in almost three years, according to data calculated by one prominent Bitcoin developer.

node-resized-2

Tecnología

Bitcoin Mining Difficulty Nears All-Time High in Final Adjustment Before Halving

Bitcoin mining difficulty increased to 16.10 trillion (T) on Tuesday, close to the network’s all-time high of 16.55T recorded in March.

Bitcoin miners

Finanzas

US Court Dismisses Lawsuit Over Riot Blockchain's Crypto Pivot

A U.S. judge has dismissed a lawsuit alleging the firm changed its name to include "blockchain" in 2017 to boost its share price.

Bitcoin miners

Mercados

Bitcoin Miners Usually Create 6 Blocks per Hour. They Just Banged Out 16

In a significant deviation from the norm, bitcoin miners just produced 16 blocks in 63 minutes.

BUSY: A recent surge in mining power may have overcome the difficulty rate. (Credit: Shutterstock)

Mercados

Older Mining Machines Turn Profitable Again as Bitcoin Rises Ahead of Halving

Older mining models can now earn 10-20% gross margins after bitcoin’s price jumps to two-month highs.

Mining machines (GreenBelka/Shutterstock)

Mercados

Chinese City Known for Bitcoin Mining Seeks Blockchain Firms to Burn Excess Hydropower

A Chinese city in the world's bitcoin mining hub is publicly encouraging the blockchain industry to help consume excessive hydroelectricity.

Hydropower plant image via Shutterstock