Bitcoin mining giant Marathon Digital has shown extremely strong hands through this bear market, having yet to sell any Bitcoin (BTC) since Oct 2020. The company revealed its finances and current stat...
Tag: Miner
Argo Bitcoin Miner Sells 637 BTC to Offset Costs & Outstanding Loans
Argo Blockchain plc, a major global cryptocurrency mining firm, announced Thursday an update of its business operations for June 2022. Argo said it mined 179 Bitcoins in June compared to 124 BTC in Ma...
Decline In Bitcoin Miner Revenues Suggests More Sell-Offs May Follow
Bitcoin miner revenues have been in decline since the bear trend began and this has led a good number of miners to sell their BTC holdings in order to keep their operations afloat. However, the expect...
Texas cryptocurrency miner to use power from batteries to support grid stability
Cryptocurrency infrastructure provider Lancium has partnered with Houston-based power producer Broad Reach Power, according to a July 7 statement. As part of the deal, Broad Reach will supply power fo...
Bitcoin miner Riot moves hardware fleet out of New York hosting facility
Bitcoin miner Riot is moving a part of its fleet out of New York and into its new Whinstone facility in Texas, in an effort to lower operational costs. About 5,700 of the company’s rigs are curr...
Oil Club – A Next-Generation Miner
What is the Oil Club smart contract? Oil club is a smart contract miner that follows the rules of the oil and gas industries. Club members earn up to 14% in daily rewards and participate in constantly...
Crypto Miner Core Scientific Dumps $165M Bitcoin to ‘Enhance Liquidity’
Crypto miner Core Scientific sold roughly $165 million worth of Bitcoin last month, as inflation and market turmoil piled on the pressure for public crypto companies. The NASDAQ-listed firm sold 7,202...
OIL CLUB : A Game-Changing Miner
What is the Oil Club smart contract? Oil club is a smart contract miner that follows the rules of the oil and gas industries. Club members earn up to 14% in daily rewards and participate in constantly...
Blockchain Miner HIVE Receives Letter of Deficiency from Nasdaq
Blockchain excavator HIVE has 60 schedule days to present an arrangement to Nasdaq on how it expects to realign with its yearly documenting necessities HIVE share price is up more than 13% on the day ...
Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge – Mining Bitcoin News
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gi...
Crypto Miner HIVE Requested for Resubmission of Form 40-F
Hive Blockchain Technologies Ltd, a Vancouver-based cryptocurrency mining company headquartered in Canada, said it received a letter from Nasdaq requesting the company to renew its annual report on Fo...
Sales of Bitmain’s new Ethereum ASIC miner to begin Wednesday
Mining hardware manufacturer Bitmain will start selling its new application-specific integrated circuit (ASIC) miner AntMiner E9 on Wednesday. The new Ethereum miner features a hash rate of 2,400M, 19...
Major Bitcoin Miner Hut 8 Is Confident in HODL Strategy, While BTC Exchange Inflow Volume Reaches Monthly Low
Gamza Khanzadaev Bitcoin Miner HUT 8 sends 100% of mined BTC to custody, does not intend to sell One of North America’s largest miners, Hut 8 Mining Corp, reported its results for the past month...
Bitcoin Miner Core Scientific Confirms $167M Bitcoin Sale Amid Market Selloff
Public-traded Bitcoin mining company Core Scientific sold 7,202 BTC, worth $167 million last month. According to the firm’s “June Updates,” released on Tuesday, the crypto assets were sold at an avera...
Oil Club: A Game-Changing Miner
What is the Oil Club smart contract? Oil club is a smart contract miner that follows the rules of the oil and gas industries. Club members earn up to 14% in daily rewards and participate in constantly...
A Game-Changing Miner – Crypto Daily™
What is the Oil Club smart contract? Oil club is a smart contract miner that follows the rules of the oil and gas industries. Club members earn up to 14% in daily rewards and participate in constantly...
A Game-Changing Miner – Oil Club smart contract
What is the Oil Club smart contract? Oil club is a smart contract miner that follows the rules of the oil and gas industries. Club members earn up to 14% in daily rewards and participate in constantly...
World’s Largest Public Bitcoin Miner Sells 79% of Its BTC Holdings, What This Means for Crypto Market
Gamza Khanzadaev Bitcoin miners cannot stand bear market pressure, sell to survive Core Scientific, the largest publicly traded mining company, reported its results for the first half of 2022. Of part...
Bitcoin Miner Revenues Surpass Ethereum for the First Time in a Year: Report
For the first time in almost a year, revenues for Bitcoin (BTC) miners surpassed those of Ethereum (ETH) in June. But even then, both digital assets have shown dwindling profit margins owing to the pr...
Head To Head: Bitcoin Miner Revenues Surpass Ethereum But There’s More
The profitability of bitcoin mining has been dwindling compared to that of Ethereum in recent months. Ethereum miners had consistently surpassed bitcoin for almost a year. That is until now when the r...
Bitcoin Miner Revenue Surpasses Ethereum by More Than $100M; Both Crash to 2022 Lows
Bitcoin and Ethereum miners saw a further decline in revenue as bears from May carried on throughout June and led to sinking prices of both cryptocurrencies. June proved to be the worst month for Ethe...
Bitcoin miner Greenidge’s permit renewal denied by New York regulator
The New York Department of Environmental Conservation (DEC) has denied bitcoin miner Greenidge’s air permit renewal. The regulator said Thursday that Greenidge’s application didn’t c...
Coal miner stocks fall after Supreme Court ruling limiting EPA’s role
Coal miner stocks are falling, in the wake of the Supreme Court’s ruling that restricts the U.S. government’s reach in controlling emission from coal-fired power plants. Shares of Peabody ...
Bitcoin miner White Rock Management launches in the US
Bitcoin mining company White Rock Management deployed its first miners in the US, in a facility north of Houston, Texas. The Swiss-based company partnered with mobile data center provider NGON, which ...
Bitcoin Miner Compass Denies Allegations of Unpaid Power Bills to Dynamics
Compass Mining today issued a formal denial that the Bitcoin mining company owes money to Dynamics Mining for unpaid utility bills at facilities in Maine. Dynamics on Sunday posted on Twitter that of ...
Bitcoin Mining Facility Shut Down Following Sharp Decline In Miner Profitability
Bitcoin mining has been seeing a decline in profitability in recent times. This comes as no surprise given the drop in the value of the token and since profitability largely depends on what price BTC ...
Bitcoin Miner Sell-Offs Could Keep Prices Low
JP Morgan has said that Bitcoin’s cost could go lower if the ongoing auction by diggers proceed The expense of mining has ascended, while the worth of the coin has decline enormously as of late ...
$4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales – Bitcoin News
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, wh...
Bloomberg Report Reveals That Miners Are Underwater With Almost $4 Billion In Bitcoin Miner Loans
On Friday, Bloomberg reported that Miners are struggling to repay around $4 billion in loans that are backed by their equipment. The crypto market recently went through one of its rough patches in Ma...
Top Bitcoin Mining Exec Refutes Data On Miner Loans
Jiang Zhuoer, former CEO of BTC.Top, claims the number of bitcoin miners’ loans under risks are far less than reported. He asserts that poor liquidity and lack of institutional support for mining rigs...
Which crypto miner would be best for investment, Canaan or Hut 8 Mining?
Given the overall growth in the crypto market, crypto mining is also a significant sector that takes consideration while investing in the space A simple advice a good investor follows is not to get di...