A solo Bitcoin miner was rewarded for adding block 780,112 to Bitcoin’s blockchain, beating the odds as countless others raced toward the same goal. The miner used the Solo CK Pool mining service to e...
Tag: Miner
Solo Bitcoin Miner Wins Rare Block Reward Worth Over $150,000
Bitcoin mining is the process by which miners add new blocks to the Bitcoin blockchain. Miners must use computational power to solve complex mathematical equations to create a valid block hash. When a...
Bitcoin Miner Stocks Surge Amidst Banking Meltdown
The extent of the mining sector’s exposure to crypto-friendly Signature Bank is unclear. Marathon Digital Holdings (MARA) on Monday said it still had access to $142 million in deposits the now s...
Lucky solo bitcoin miner solves block for nearly $150k
A very lucky bitcoin miner has earned almost $150,000 on a mining service. A small-scale bitcoin (BTC) miner has earned a fortune of $148,000 after luckily solving a bitcoin block through the Solo C...
Solo Bitcoin miner defies odds to mine valid BTC block, gets $150K block reward
A solo Bitcoin miner has managed to solve/mine the 780,112th block in the Bitcoin blockchain and received a 6.5 Bitcoin (BTC) block reward in return. The estimated value of the payout is over $150,000...
Bitcoin miner reserves drops, bearish signs emerge
The quantity of Bitcoin (BTC) held in reserve by mining companies has reached lows last seen in October 2022. Miner reserves important in bitcoin market According to on-chain analytics company Crypto...
Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report
Ad Bitcoin (BTC) mining firm Hut 8’s financial statements for 2022 showed that the miner earned less revenue despite its higher productivity levels, according to a March 9 statement. According to Yaho...
Bitcoin Miner Hut 8 Talks Operational Issues and USBTC Merger in Earnings Call
In mid-November 2022, Hut 8 stopped mining with 7,000 rigs at a site in North Bay, Ontario due to an ongoing dispute with its energy provider, Validus Power. Hut 8 has now removed all machines from th...
Bitcoin Miner Reserves Fall to Yearly Lows, BTC Selloff Continues
Bitcoin miner reserves are shrinking as miners sell more of the asset to cover their expenses, according to on-chain analysis. The amount of Bitcoin held by miners has been in decline this year, with ...
Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate
Marathon said that on March 8, the term loan prepayment was completed, and the company’s credit facilities with Silvergate Bank were terminated, reducing its debt by $50 million, according to a statem...
Bitcoin Miner Spent $1.65 Million On a Private Aviation Business
1 Core Scientific is the world’s biggest bitcoin miner with a 10% share of global BTC hash rate. 2 Stone Tower Air was the last recipient of payment from Core Scientific prior to bankruptcy fili...
Canadian Crypto Miner Pow.re Lands 100 MW Contract in Paraguay
Paraguay, in the center of South America, has abundant cheap hydroelectricity from one of the largest dams in the world, Itaipu, which it shares with Brazil. However, as crypto miners have flocked to ...
Bitcoin Miner Canaan Reports 82.1% Revenue Decline in Q4 2022
6 seconds ago | 2 mins read Bitcoin News Canaan saw a 368.2% increase in mining income, to the tune of $10.46 million. The firm’s net income shifted to a loss of $63.6 million in Q4 2022. Canaan, a Ch...
BTC miner Riot Platforms responds to White House OSTP request for information
Riot Platforms, a bitcoin (BTC) only mining firm in the United States, has responded to the White House Office of Science and Technology Policy’s (OSTP) request for information (RFI) on bitcoin, the t...
Bitcoin Miner Riot Blockchain Hashrate Reached an ATH in 2022
The Colorado-based bitcoin miner – Riot Blockchain – reported a total revenue of nearly $260 million for 2022, a 22% increase compared to 2021. It mined 5,554 BTC and boosted its hash rate capacity to...
Bitcoin Ordinals and how it relates to recent miner interest: Decoding…
Bitcoin’s hashrate reached a new all-time high on 26 February. Daily active users have increased over the past weeks and other metrics were bullish. Bitcoin [BTC] Ordinals crossed the benchmark of su...
NASDAQ-Listed Crypto Miner Marathon Digital Cancels Earnings Call
Marathon Digital Holdings, a pioneer in Bitcoin mining, announced that it has canceled its webcast and conference call for the fourth quarter which was initially scheduled for today at 4:30 p.m. easte...
Bitcoin miner Marathon cancels Q4 earnings call over accounting corrections
Bitcoin miner Marathon Digital canceled its fourth-quarter earnings call scheduled for Tuesday after the U.S. close. The miner postponed the release of its fourth-quarter and 2022 full-year resu...
Bitcoin miner Marathon expected to see revenue triple in Q4
Marathon is expected to post triple the revenue it brought in during the third quarter for its fourth-quarter earnings after the U.S. close today. The miner is expected to report $38.4 million i...
Locals on Edge About the Construction of a Crypto Miner Near McLouth, Kansas (Report)
Most residents of McLouth, Kansas, reportedly criticized the potential construction of a cryptocurrency data center about a mile and a half north of the town. Their main concerns are that the facilit...
Massachusetts Resident Allegedly Set up a Secret Crypto Miner Under a School (Report)
Nadeam Nahas – a 39-year-old former US state of Massachusetts employee – reportedly faces charges of placing a cryptocurrency mining operation in a remote space at a local school. Court documents cla...
Crypto Miner Hive Blockchain Posted Net Loss of $90.4M for Q3 2022
Crypto mining saw severe losses last year as prices went south. Several notable players in the space slid into bankruptcy, while others had to take cost-cut measures and shut down branches. This was a...
Bitcoin miner reserve balances flatten out as Ordinals appear
The bitcoin miner reserve has remained stable in February, and miners are still making a profit due to the appearance of Ordinals, NFTs on bitcoin blockchain. Meanwhile, BTC has had a good past few da...
Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner – Mining Bitcoin News
Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from...
Bitcoin miner Iris Energy posts $144 million net loss
Iris Energy posted a net loss of $144 million, mainly due to a $105.2 million non-cash impairment charge in part related to its equipment financing, and said it mined fewer bitcoin in the quarter end...
Armistice Capital reports 9.9% stake in miner Stronghold Digital
Hedge fund Armistice Capital took a 9.9% beneficial ownership stake in bitcoin miner Stronghold Digital Mining, according to a filing. The fund had an existing stake in the company, but it̵...
Bitcoin Miner CleanSpark Plans to Continue Pursuing Acquisitions Amid Bear Market
Bradford noted the move doesn’t necessarily mean the company will issue any of the authorized shares, but it will give the company the option to use equity, if needed, to reach its targeted grow...
Bitcoin miner CleanSpark beats estimates, posts $29 million loss
Bitcoin miner CleanSpark reported a net loss of $29 million for the quarter ending in December, beating analyst estimates of a $31.3 million loss. It narrowly missed revenue estimates, posting $...
CleanSpark kicks off bitcoin miner earnings with revenue expected to rise 13%: Preview
CleanSpark is expected to post a nearly 13% bump in revenue from the previous quarter when it kicks off the earnings season for bitcoin miners after the U.S. close today. The company is expecte...