Mining
Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Partially Restored
The hashrate of major bitcoin mining pools neared recovery Monday. This comes days after computing power on the network fell following an internet blackout in Kazakhstan, the world’s second-largest bitcoin miner. “The Hash” team discusses the latest development in the bitcoin mining community and what it could speak to about the resiliency of bitcoin.
Bitcoin’s Slump Is Good for Crypto Miners in Long Term, Jefferies Analyst Says
A lower bitcoin price will deter new entrants and help incumbents gain market share.
Major Mining Pools’ Bitcoin Hashrate Nears Recovery as Kazakhstan’s Internet Is Partially Restored
The world’s second-biggest mining country has been engulfed in civil unrest over the past week.
Argo Blockchain’s Monthly Revenue Drops Even as It Mined More Bitcoin
The sole crypto miner listed on the London Stock Exchange mined 214 bitcoins in December.
Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts
Wall Street analysts see “compelling” opportunities in the stocks of miners as sell-off is not driven by fundamentals.
Kazakhstan’s Hashrate Drops as Internet Blackout Persists
The outage comes amid mass protests in the world’s second-biggest crypto mining country.
US Congress to Hold Oversight Hearing on Crypto Mining: Report
Lawmakers will look at mining’s effect on the environment.
Kazakh Bitcoin Mining Seen Hurt Following Energy Riots, Internet Shutdown
Protesters stormed public buildings on Wednesday, which was followed by the announcement of a possible dissolution of parliament.
Core Scientific Mined Over 1K Bitcoin in December, Nearly 6K in 2021
As of the end of the year, Core Scientific held 5,296 BTC worth roughly $248 million.
Canadian Miner Hut 8 Closed 2021 With 5,518 Bitcoin in Reserve
The miner plans to reach 3.35 EH/s of hashrate by the end of Q1 2022.
