Mining
Could a ‘Santa Claus Rally’ Happen This Year?
Following a week of lower lows for bitcoin, could we expect to see a “Santa Claus Rally” this year? CoinDesk’s Brad Keoun weighs in on his crypto markets analysis and outlook. Plus, tech editor Christie Harkin discusses the latest on bitcoin’s hashrate as it rebounds to levels not seen since before China’s mining crackdown.
What’s Driving Bitcoin Lower?
Bitcoin buying activity remains weak despite several oversold signals on the charts. Prime Trust Chief Financial Officer Rodrigo Vicuna discusses his take on the potential catalyst behind BTC’s short-term downtrend and the possible impact of mining on price movements. Is a “Santa Rally” still possible?
Crypto’s Carbon Footprint Could Hinder Adoption: Deutsche Bank
“Mining just one bitcoin consumes a larger carbon footprint than nearly 2 billion Visa transactions,” the bank said.
CleanSpark Aims to Grow Bitcoin Mining Output Over 20% Through Immersion Cooling
The technology is expected to make the bitcoin miner’s operations more sustainable and efficient.
Bitcoin Hashrate Approaches Full Recovery From China Crackdown
Miners set up their operations elsewhere.
Is Bitcoin Mining Still Profitable?
Vice President of Business Development at Foundry Jeff Burkey discusses the state of the Bitcoin network and hashrate, along with its mining profitability and difficulty. Plus, insights into the launch of FoundryX, a new marketplace for buying and selling bitcoin mining machines.
New York Bitcoin Miner Greenidge Under Fire for Climate Impact
U.S. Senator Elizabeth Warren (D-Mass.) has sent a letter to bitcoin miner Greenidge Generation’s (GREE) asking for more details about the environmental impact of its mining operation in New York State. "The Hash" team discusses the latest collision of politics and crypto mining.
Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing
The company has shipped new machines to the U.S. to make up for the lost hashrate.
RIOT Blockchain CEO on the State of Bitcoin Mining
The Bitcoin network’s hashrate is near complete recovery from the levels reached before China’s mining crackdown, rising over 80% in the past five months and close to reaching a new all-time high. RIOT Blockchain CEO Jason Les discusses the “reallocation of hashrate around the world” and the wider state of mining.
Marathon Digital Expands Compute North Hosting Deal to Over 100K Bitcoin Miners
Compute North and Marathon Digital extended their hosting agreement to more than 100,000 bitcoin mining machines across the U.S. The units will be powered mainly through wind and solar energy and make Marathon’s mining operations about 77% carbon neutral.
