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Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event. As bitcoin’s block reward dropped from 6.25 BTC to 3.125…
Company Name: Gridless Founders: Janet Maingi, Erik Hersman and Philip Walton Date Founded: August 2022 Location of Headquarters: United States | Operations in Kenya, Malawi and Zambia Number of Employees:…
Company Name: Heatbit Founder: Alex Busarov Date Founded: April 2020 Location of Headquarters: Remote Number of Employees: 25 Website: https://heatbit.com/ Public or Private? Private In early 2020, Alex Busarov was…
Company Name: Bitaxe Founders: Skot Date Founded: Early 2023 Location of Headquarters: North Carolina + remote team Amount of Bitcoin Held in Treasury: N/A Number of Employees: ~12 regular contributors…
According to Bitcoin Magazine Pro, the 7-day average mining hash rate for Bitcoin has hit a new all-time high, surpassing 667 exahashes per second (EH/s) on July 26th during the…
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6…
Republican Senator Ted Cruz from Texas has announced that he purchased three application-specific integrated circuit (ASIC) bitcoin miners. “I just bought 3 Bitcoin miners that started hashing today in Iraan,…
Following the downturn in bitcoin’s price on Friday, the hashprice of bitcoin has declined from slightly above $119 per petahash per second to marginally over $116 per PH/s on a…
The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement…
Publicly-traded bitcoin mining company Gryphon Digital Mining (“Gryphon”) is currently mining bitcoin with 100% renewable energy, according to a third-party audit the company has made public. Gryphon is taking a…