In short, Bitcoin miners are under acute financial stress. In June, transaction fees fell to a three-year low, accounting for under 1% of total block rewards. This overall downward trend as well as the recent halving event are all taking a toll on miner profitability. After dipping below $75,000 in...
AgriFORCE Growing Systems recently opened a bitcoin mining operation in Alberta, Canada that uses flared gas as an energy source. Among other components, the company’s project features real-time emissions tracking and a telemetry system. AgriFORCE plans to expand the site by another 200 kW. Their track record With this move,...
Bitcoin miners are experiencing higher production costs, as surging energy prices and network hashrate have begun to eat into miners’ profitability. During the first quarter of 2025, the median cost to mine one Bitcoin skyrocketed to $64,000. This represents an increase from the $52,000 in Q4 of 2024. Look for...
Bitcoin miners are beginning to feel the squeeze now more than ever, as the network’s hashrate and mining difficulty continue to break all-time highs. This unprecedented growth creates immense stress on their business operations, affecting overall profitability and future investment plans.As of October 3, 2023, the Bitcoin mining network just...
PaladinMining is headquartered on the shores of the Kingdom of England, and was officially authorized to mine since 2016. It gives individuals in more than 190 countries the ability to create decentralized digital currencies. The company offers a $15 welcome bonus for signing up, and focuses on security, sustainability, and...
Senator Bill Hagerty (R-TN) is spearheading initiatives aimed at positioning Tennessee as a central hub for Bitcoin mining and technological innovation. We believe that there are bipartisan ways to sensibly regulate the cryptocurrency industry. Further, we’re investigating the role of nuclear energy in making Bitcoin mining and AI computing cleaner...
Bitmain has announced the Antminer S23 Hydro for release in Q1 2026. This modular, hydro-cooled rig is being billed as the most energy efficient Bitcoin mining operation on the planet. The Antminer S23 Hydro accomplishes efficiency at a remarkable 9.5 joules per terahash (J/TH). It provides an impressive hash rate...
Along with soaring financial and operational demand, bitcoin miners are operating in an increasingly difficult landscape. Despite these headwinds, other miners are doubling down and increasing their fleets and Bitcoin treasuries.Marathon Digital Holdings (MARA) had a stellar May, bringing in 950 Bitcoin through their mining operations. As such, they increased...
The emergence of cloud mining introduces a new, less resource-intensive route to crypto creation and can reduce the sector’s massive environmental impact. Decentralized crypto mining — which can be done anywhere — makes it especially difficult to track what energy sources it uses at all. By centralizing mining operations within...
Nebraska Governor Jim Pillen recently signed LB526 into law. This new legislation would put strict regulations on crypto mining operations throughout the state. The legislation’s intent is to harden the electrical grid’s infrastructure. It will protect other homes and businesses from unreliable service and addresses all of the growing public...
Robinhood, known for democratizing finance for all, has recently jumped into the staking arena. They’re doing it across Ethereum (ETH) and Solana (SOL). This is a huge step towards providing the average investor with greater access to cryptocurrency staking. Robinhood has launched an easy, time-saving staking feature right inside its...
The overall cryptocurrency market is as energetic and frenetic as ever, with Bitcoin just recently approaching $110,000. This sudden increase in demand has rightfully spurred interest in a number of investment vehicles, such as cloud mining contracts. One such offering is PBK Miner's 2-day Bitcoin (BTC) contract, which promises quick...
Bitcoin’s astounding recent jump over $110,000 has all the markets abuzz, and for good reason. The desire for easy, quick profits is strong, particularly so when you’re inundated with headlines like these that make it sound simple to get in the mining boom. PBK Miner’s new 2-day BTC contract is...
Okay, let's be real. You’re reading the headlines, the price charts going to the moon, and perhaps even listening to your neighbor talk about their huge Bitcoin profits. $110,000! It’s a daunting figure, and a tempting conclusion to draw is that we’ve already missed the boat. Well, I’m here to...
Okay, let's be real. We know the financial world can seem like a velvet-rope club at times, aren’t we? Intimidating, exclusive and most certainly not made for your regular Joe or Jane. Every so often, someone opens that door wide and welcomes everyone inside. That’s how Robinhood’s new crypto staking...
The crypto dream was predicated on the hope of a financial revolution, a new leveling of the playing field. Decentralization was the mantra, equity the guiding principle. At some point down the trail suits got involved, and they’ve been robbing artists of their piece of the pie ever since. What...
The world of Bitcoin mining is deeply volatile and high-stakes. The crypto-world know that effective leadership in this field requires more than just technological know-how. It takes good financial stewardship and strategic vision. A recent trend has sparked debate and concern among shareholders: the rising executive compensation in Bitcoin mining...
Robinhood has formally rolled out Ethereum (ETH) and Solana (SOL) staking services to its U.S. customers. This legislation comes on the heels of a European-wide successful rollout of staking features to users. This move consolidates the company’s position as the most influential player in the economy of crypto. It provides...