Hashrate


Tech

As Bitcoin Price Slides, Older Mining Rigs Are Becoming Less Profitable

Even as Bitcoin's mining difficulty adjusts downward, the price trend might spell a crisis for retail miners. On the other hand, it could be an opportunity for those looking to buy rigs.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)

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China Can’t Seem to Stop Bitcoin Mining

Reported hashrate fell to zero for two months in China last year, but it has since returned rather abruptly.

Bloomberg/Contributor/Getty

Videos

China’s Mining Re-Emergence; Terra Community Wants Answers

Study shows China accounts for 21% of Bitcoin mining hashrate despite ban. Indian financial watchdog warns against celebrity crypto endorsement. Do Kwon’s lack of answers frustrates Terra’s UST and LUNA investors. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Finance

Cipher Raises Year Hashrate View While Cutting Power Guidance

The stock of the miner lost almost 50% of its value in one day.

Bitcoin mining rigs at Kryptovault's facility in Hønefoss, Norway. (Image credit: Eliza Gkritsi/CoinDesk)

Videos

Marathon Digital ‘Cautiously Optimistic’ About Early 2023 Hashrate Guidance

Publicly traded crypto mining firm Marathon Digital (MARA) has released its Q1 earnings report, stating that the company is “cautiously optimistic” about meeting early 2023 hashrate guidance despite delays. “The Hash” group discusses the firm’s dip in bitcoin production and efforts made to tackle environmental concerns. 

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Finance

Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay

The miner is hodling all its bitcoins and currently has 9,373.6 bitcoins with a fair market value of approximately $427.7 million.

Marathon Digital is on track to hit its hashrate goals. (Shutterstock)

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The State of Bitcoin and Ethereum Mining in 10 Charts

It's been a rollercoaster year for Bitcoin and Ethereum mining: Here is what the data shows.

(CoinDesk Research, Cambridge Centre for Alternative Finance)

Videos

Kazakhstan Mining Crackdown Affecting Bitcoin Hashrate

CoinDesk's Christie Harkin joins the “Week in Review” panel to discuss Kazakhstan’s efforts to repress illegal crypto mining operations, and how that has impacted the bitcoin hashrate. Plus, CoinDesk Market Analyst Damanick Dantes explains how the Fed interest rate hike has influenced bitcoin’s volatility. 

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Videos

How Ukraine Has Used the Crypto Donations

The “Week in Review” panel examines the increasingly prevalent role of cryptocurrency in Ukraine’s efforts against Russia after the Ministry of Digital Transformation publicized how crypto donations are being used for non-lethal supplies like medicine and packed lunches. Plus, a discussion on BTC’s price volatility over the past few weeks and the upcoming shift in bitcoin’s hashrate. 

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Tech

Bitcoin Miners’ February Production Fell on Shorter Month, Winter Storm

Mining power increased for most miners from the previous month as miners continue their growth plans.

A technician monitors cryptocurrency mining rigs at a Bitfarms facility in Saint-Hyacinthe, Quebec.