CleanSpark Increases Its Revenue by 120%
TL;DR CleanSpark closed the quarter with $162.3 million in revenue, a 120% increase from the previous year, and a net income of $246.8 million. It...
Tag : bitcoin mining
Bitcoin Mining Reaches Record $45 Million in Daily Revenue
TL;DR Bitcoin mining daily revenue reached $45 million, suggesting a potential new bullish cycle or sustained growth. Mining activity reflects increased miner confidence and a...
Bitcoin Mining Companies Have Outperformed BTC, According to Report
In the course of the year 2023, Bitcoin demonstrated outstanding performance by experiencing an increase of over 150%, significantly surpassing the Nasdaq’s increment, which stands...
Bitcoin Transaction Fees Reach Their Highest Value in Nearly 6 Months
According to a report, the cost of Bitcoin transaction fees experienced a significant increase, reaching its highest level in nearly six months. This increase is...
Will a 3% Decrease in Bitcoin Mining Difficulty Boost Hashrate?
According to recent data, the difficulty of mining Bitcoin has decreased by 3% following the latest adjustment. This could potentially lead to an increase in...
Bitcoin (BTC) Miner Core Scientific Has Gone Bankrupt
Core Scientific, one of the biggest publicly listed cryptocurrency mining businesses in the United States, is apparently filing for Chapter 11 bankruptcy in Texas on...
3 US Senators Want Crypto Mining Firms to Report their Greenhouse Gas Emissions
Three Democratic lawmakers from Massachusetts, Oregon, and California unveiled legislation against “energy-intensive” crypto-mining facilities on December 8, 2022....
New York Governor Signs a Bill to Ban PoW Crypto Mining
On November 22, nearly four months after the state senate passed the PoW moratorium bill, New York City Governor Kathy Hochul officially signed it into...
Is Bitcoin Miner Core Scientific At the Brink of Bankruptcy?
According to recent reports, Bitcoin mining company Core Scientific is mulling over the possibility of filing for bankruptcy as a result of a portion of...
Bitcoin Mining Difficulty Hits A New All-Time High
Bitcoin (BTC) enters a new week with a price that is still below $20,000, a week that is expected to provide investors with the excitement...