Bitcoin Mining


Markets

Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners

The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.

BTC: Miner percent mined supply spent (Glassnode)

Finance

'There's No Catch': Bitcoin Mining Startup Promises Free Money to Renewable Energy Companies

Bitcoin mining could eventually help develop a global index for the price of electricity, according to Sangha Renewables President Spencer Marr.

Spencer Marr, president and co-founder of Sangha Renewables (Spencer Marr).

Policy

Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

FTX bankruptcy estate consolidates ARB airdrop (Christine Roy/Unplash)

Markets

Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan

The network's monthly average hashrate surged to a record high, the report said.

(Shutterstock)

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Markets

Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'

The broker said the miner's growth isn't priced-in and initiated coverage of the miner with $9 price target.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Finance

An Arctic Circle Bitcoin Mine Will Heat a Building in a Fishing Village

Retail-focused Sazmining is starting a modest-sized bitcoin mining operation, using hydropower, in a small Norwegian fishing town.

A Norwegian town (Michael Fousert/Unsplash)

Markets

BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies

The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.

(Shutterstock)

Finance

Bitcoin Miners Are Pivoting to AI to Survive. Core Scientific Entered the Race Years Ago

AI clusters and bitcoin mining operations have vastly different needs. Core Scientific's chief development officer gets down to the nitty gritty.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

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Markets

U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan

The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.

(Shutterstock)

Finance

Blockstream Raises $210M in Convertible Note Financing Round

The money will be used to advance adoption and development of Blockstream's layer-2 technologies, to grow the company's mining operations, and expand its bitcoin treasury.

(engin akyurt/Unsplash)