Bitcoin Mining

Bitcoin Mining

Finance

Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor's Successful BTC Strategy

Marathon Digital sold bonds to fund bitcoin purchases, following the route Saylor's MicroStrategy has taken to big stock market gains, as mining profits dwindle.

MicroStrategy Executive Chairman Michael Saylor, left, and Marathon Digital CEO Fred Thiel (Jesse Hamilton/CoinDesk)

Markets

Cipher's Bitcoin Mining Business Remains Compelling, Canaccord Says

The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.

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

Markets

Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says

U.S.-listed miners' share of the network hashrate increased to 26% this month, the highest level on record, the report said.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

Markets

Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says

U.S.-listed mining companies produced a larger share of bitcoin in July than the previous month as they brought on new capacity faster than the network hashrate rose, the report said.

Bitcoin miners (Shutterstock)

Opinion

The Coming Financialization of Hashrate Markets

Bitcoin hashrate, the computational power securing the Bitcoin network, is emerging as a unique commodity with intriguing investment potential, say Sadiq Jaffer, Senior Manager, Financial Services, KPMG UK, and Kunal Bhasin, partner for Digital Assets Center of Excellence, KPMG Canada.

(Simon Basler/Unsplash)