Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the…
Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the Community
The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions…
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing…
Marathon Digital Reports Increase in Hashrate, Holds 18,536 BTC
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation…
Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate…
Bitcoin Miners’ June Revenue Dips Slightly Below May
The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down…
Bitcoin Miners See 100 EH/s Exit Network as Prices and Revenues Fall
With bitcoin’s price declining 5% over the past week, miners have been experiencing reduced…
Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for…
Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease…