Bitcoin (BTC) miners have been capitulating for almost two months, but an end to the squeeze could already be here. That was the conclusion from Blockchain infrastructure and cryptocurrency mining fir...
Tag: Miner
Bitcoin Miner Revenues See Double-Digits Increase As Price Recovers
Bitcoin miner revenues took a tumble over the last few months when the price had plummeted. It had dealt a massive blow to the miners whose primary revenue relied on the price of the bitcoin. As such,...
Factors affecting BTC miner profitability
The ongoing cryptocurrency bear market has triggered a massive decline in Bitcoin (BTC) mining profitability as BTC mining expenses outpace the price of Bitcoin. Closely tied to the drop in the BTC pr...
Bitcoin Miner Compass Mining Establishes 75 MW Hosting Partnership with Compute North
Compass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced the completion of a partnership with colocation provider Compute North to secure at least 75 megaw...
Bitcoin Miner Revenues Go Down as the Market Trades in the Red Zone – crypto.news
The cryptocurrency market is trading in the red zone for the first time in over a week. Over the past 24 hours, the market has lost around 2% of its value. Despite this, the total market cap of the cr...
Bitcoin Miner Marathon Strikes Power Deal; Electric Carmaker Faraday Deflates As Short Squeeze Ends
Marathon Digital uses powerful computers like these to mine for bitcoin in datacenters and supercharged its operations with an agreement this week. Getty The U.S. stock market is heating up with the d...
Bitcoin Miner Core Scientific Strikes $100M Stock Deal After Dumping BTC
Core Scientific signed an agreement to sell $100 million shares to investment firm B. Riley The miner sold 7,202 bitcoin for roughly $167 million in June Major bitcoin mining outfit Core Scientific is...
Bitcoin Miner Core Scientific Secures $100m Financing amid Bear Market
Core Scientific, a publicly traded Bitcoin mining firm based in the US, announced Thursday that it has entered into a common stock purchase agreement for up to $100 million with B. Riley investment ba...
Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?
Bitcoin miner revenues have been plummeting ever since the price of BTC peaked back in November. This has put miners in a tight spot, causing a good number of them to sell their BTC holdings in order ...
Bitcoin (BTC) on-Chain Analysis: Miner Indicators Show Capitulation
Be[in]Crypto takes a look at Bitcoin (BTC) on-chain indicators that relate to miners, more specifically the difficulty ribbon compression and hash ribbon. Difficulty ribbon compression The difficulty...
14,000 BTC Transferred as Record High since 2021 due to ‘Miner Capitulation’
According to data from blockchain analytics firm CryptoQuant, bitcoin miners have transferred 14,000 bitcoins over the past few weeks. Bitcoin was trading around $23,448.55, up about 7.5% over the pas...
Bitcoin miner Marathon secures new 200-megawatt hosting deal
Bitcoin miner Marathon closed a deal with hosting provider Applied Blockchain that will secure the company at least 200 megawatts of energy capacity, with the option to increase it to 270 megawatts. T...
Bitcoin Miner Marathon Entered Various Deals – Hoping to Secure Planned Hashrate
Marathon Digital anticipates to increase its hashrate by 2023. Marathon Digital Holdings had targeted to reach a hashrate guidance of 23.3 exahash per second or EH/s. The Bitcoin miner had planned to ...
Crypto Miner Marathon Secures 200MW Energy Capacity from Applied Blockchain
Bitcoin miner Marathon Digital Holdings has announced the completion of a deal with Ethereum and altcoin mining company Applied Blockchain to secure at least 200 megawatts of energy capacity. The deal...
Crypto Miner Marathon Secures 200MW of Energy Capacity from Applied Blockchain
Bitcoin miner Marathon Digital Holdings has announced the completion of a deal with Ethereum and altcoin mining company Applied Blockchain to secure at least 200 megawatts of energy capacity. The deal...
Bitcoin Miner Marathon Digital Signs Multiple Hosting Deals to Reach Its Hashrate View
Marathon has also signed additional deals with its existing partner Compute North to include 42MW of hosting capacity at Compute North’s facility near Granbury, Texas. Marathon expects to have an addi...
Will Bitcoin Price Plunge More from a “Miner Death Spiral”?
Bitcoin is garnering interest from the oil and gas industry and is spiking concern for using renewable energy for operations. Sad State Of BTC Mining The “cost to mine Bitcoin” in the United States h...
Europe’s Largest Crypto Miner Selling Coins Daily
The Grand Sellings Northern Data, the biggest cryptocurrency miner in Europe, announced in a report on Thursday that it plans to sell all of its daily mining rewards to focus on making money in the do...
Europe’s Largest Crypto Miner Reveals Plans To Sell Coins Daily After Selling Well Above Current Levels In May and June ⋆ ZyCrypto
Advertisement     Northern Data, Europe’s largest crypto-miner, in a report on Thursday, reveals that it plans to sell all its mining rewards daily to focus on cash ge...
Crypto Miner CleanSpark Continues to Take Advantage of Bear Market as it Scoops Over 1K Rigs
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This Prominent Bitcoin Miner Has Refused To Give In To The Bear Market ⋆ ZyCrypto
Advertisement     At a time when miners are selling off their earnings due to the lingering downturn in the crypto market that has seen a lot of assets plunge by cripp...
Bitcoin miner prices will continue to fall, F2Pool exec predicts
The price of cryptocurrency mining hardware is likely to continue falling in the near future amid the ongoing crypto winter, according to an executive at major Bitcoin (BTC) mining pool F2Pool. Suppo...
Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner – Interview Bitcoin News
Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, eve...
Miner Reserves Decline By 4300 BTC! What does This Mean For Bitcoin Price? – Coinpedia – Fintech & Cryptocurreny News Media
The hopes of miners of a recovery might have increased due to the increase in the price of the largest cryptocurrency by market capitalization. With BTC hovering around the $22,000 mark, the crypto ma...
Tokenizing Ownership in Oil with a Game-changing New Miner
Place/Date: – July 8th, 2022 at 9:03 pm UTC · 4 min read Source: Oil Club Photo: Oil Club Oil club is a smart contract miner that adheres to the oil and gas sectors’ norms. Club members can earn...
Bitcoin Miner Reserves Data Reveals Interesting Trading Insights
Even as Bitcoin price continues to hover around $22,000 mark, miners appear to be hopeful of a quick turnaround in fortunes. In the last seven days, Bitcoin price grew from $367 billion on July 1 to $...
Bitcoin Miner Argo Blockchain Reports Selling 637 BTC to Reduce Loan – crypto.news
The Bitcoin mining firm Argo Blockchain PLC is the latest miner to disclose selling more Bitcoin in a month than it mined. The firm reported having an outstanding balance of $22 million on a loan from...
Marathon Digital Being Perhaps the Only Bitcoin Miner, Doing Well
The economic downturn across the crypto market turned game for many major bitcoin miner firms. When one of the leading bitcoin mining enterprises, financial and current status reports of Maratho...
Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars
Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic player...
Bitcoin miner Iris Energy reports revenues down 27% in June
Iris Energy reported a mining revenue of $3,546,000 for the month of June — down roughly 27% from the previous month. The company’s average hash rate remained at the same level (1.165 exahash pe...
Here’s The Large Public Bitcoin Miner That Has Refused To Succumb To The Bears
Over the last several months, the market has watched bitcoin miner profitability plummet to new lows. These miners who are dependent on the BTC gotten from their mining activities have found themselve...