Bitcoin mining hits record difficulty as hashprice falls
Bitcoin mining just became harder than ever while the money it pays per unit of work sank. The network now demands 150.84 trillion difficulty steps...
mining
Bitcoin mining profitability fell in August as prices softened and hashrate climbed, with pressures likely persisting into September
Bitcoin mining profitability fell in August, an important signal for operators and treasuries looking to anticipate margins and risks. According to Jefferies, low prices and...
BAY Miner launches mobile platform with AI for BTC and ETH mining from smartphones
BAY Miner has introduced a mobile application that turns smartphones into mining terminals without the need for additional hardware, with daily payouts managed by artificial...
Bitdeer Expands Its Reach: Acquires Energy Project in Canada for Bitcoin Mining
TL;DR Bitdeer has acquired a 101-megawatt energy project in Alberta, Canada, for $21.7 million, with the potential to expand up to 1 GW. The company...
Bitfinex Securities Debuts Bitcoin Mining Notes with 10% Annual Yield for Investors
TL;DR Tokenized Bitcoin Mining Notes Launched: Bitfinex Securities introduces Bitcoin Mining Notes (BMN), offering a 10% annual yield over 36 months. Priced in USDT, the tokenized product...
BIT Mining Triples Its Profits With DOGE and LTC Mining
TL;DR BIT Mining has increased its profits almost threefold by diversifying its mining to Dogecoin (DOGE) and Litecoin (LTC), instead of focusing solely on Bitcoin...
MARA Boosts Bitcoin Holdings to 34,794 BTC with $615 Million Purchase
TL;DR MARA Holdings has acquired 6,474 BTC worth $615 million, boosting its total Bitcoin holdings to 34,794 BTC, valued at around $3.3 billion. The purchase...
Solo Bitcoin Miner Wins $222,000 Jackpot
TL;DR A solo Bitcoin miner secured a block reward worth over $222,000, highlighting the unpredictable nature of Bitcoin mining. The miner processed block number 867,118...
TeraWulf Inc. Announces $350 Million Convertible Notes Offering
TL;DR $350 Million Convertible Notes Offering: TeraWulf Inc. is proposing a private offering of $350 million in convertible senior notes due 2030 to enhance financial flexibility...
TeraWulf Sells 25% Stake in Bitcoin Mining Facility for $92 Million
TL;DR TeraWulf sells a 25% stake in Nautilus Cryptomine for $92 million, including $85 million in cash and 30,000 Bitcoin miners, achieving a 3.4x return...