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Digital gold mining companies suffered harsher drawdowns than their legacy counterparts in 2022. Bitcoin’s prominent memetic narrative as “digital gold” begs a comparison to the real yellow metal. But since…
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last…
After Kazakhstan forced out Bitcoin mining operations, the majority of global hash rate is now produced with clean energy. Kazakhstan was, at its height, the At its peak in October…
Many speculate that Bitcoin’s security will lapse with the end of the mining subsidy. But other factors will continue to incentivize miners. This is an opinion editorial by Dillon Healy,…
A major cryptocurrency mining pool has been hit by hackers earlier this month, the company who owns the pool revealed in an announcement. The incident resulted in the theft of…
On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to…
TEPCO Power Grid is deploying bitcoin mining operations across Japan in a partnership with a local semiconductor company to capitalize on excess power. Japan’s largest electric power company is about…
On Monday, Dec. 12, 2022, the Maryland-based bitcoin mining company Terawulf announced that the firm has raised $10 million in capital to pay down debts. The firm also said that…
Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments company owned by Twitter founder Jack Dorsey, and Stillmark. The…
Bear market history never repeats, but it often rhymes and these six datasets show how the bitcoin mining industry is faring today. Bitcoin mining companies continue struggling to survive the…