Greenidge Generation Holdings, a Bitcoin (BTC) mining company, disclosed that a fire broke out at its mining facility in Dresden, New York, where it co-hosts operations with mining company NYDIG. The fire broke out on […]
Bitcoin mining stocks saw a significant bump on Wednesday after the US winter storm forced some companies to wind down operations, leading to lower block competition and more profitable mining operations. Shares of several major […]
The Bitcoin (BTC) mining difficulty is projected to increase during the next difficulty adjustment scheduled for Dec. 11, as hash price, a critical metric that measures expected miner profitability per unit of computing power, sits […]
The Bitcoin mining hashrate secured by Foundry USA’s mining pool fell by roughly 60% since Friday as miners across the United States curtailed operations in response to severe winter weather. “Bitcoin hashrate on Foundry USA […]
Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks sustainable ways to meet its power […]
Why rigs are going dark Miners are working through one of the toughest margin environments the industry has faced in years. According to a recent breakdown, hash revenue for large public miners has fallen from […]
IREN closed trading on Wednesday up nearly 7%, slightly recovering from a major drop on Tuesday after sharing plans for its latest capital raising effort. Shares in IREN recovered on Wednesday after the Bitcoin miner […]
Bitcoin miners, which can acquire the cryptocurrency at below-market costs, could be in the best position to shape corporate adoption as accumulation by crypto treasury companies slows, says BitcoinTreasuries.NET. Bitcoin (BTC) treasury companies are projected […]
Bitcoin mining companies are turning to renewable energy to reduce costs amid a record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining […]
Crypto mining hardware maker Canaan Inc., which has seen its shares down 63% in the last 12 months, has received a warning from Nasdaq to increase its share price within 180 days or face delisting […]
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