Cipher Mining Inc. is one of the largest and most advanced Bitcoin miners in North America, focused on the development of connected, industrial-scale data centers. They’ve cleared up everything around their Black Pearl location and launched hashing operations. According to the company, this milestone is a huge step in the...
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...
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...
Bitcoin mining powers the entire cryptocurrency network, but it’s been hitting difficult times as of late. That potent combination of factors is increasing the pressure on miner profitability. From increasing network difficulty and energy costs to Bitcoin price fluctuations and trade barriers, miners are dealing with a new reality. This...
Bitcoin’s hashrate seems to have made a full recovery, returning to the index value it occupied at the beginning of the month. This follows a period of incredible expansions and all-time records. This dramatic oscillation provides a glimpse into the recent tumultuous world of Bitcoin mining and what drives changed...
The Bitcoin hashrate has taken a dip. A noticeable one. After a jump to all-time highs in the first half of April, we’ve watched it retrace, nearly wiping out those recent gains. The question everyone's asking (or should be asking) is: what does this mean? Or is it really the...
Bit Digital, Inc. just made a surprising and positive turn from Bitcoin mining. The company has since shifted its attention to Ethereum staking, pulling the industry’s eyes along with it. This development is part of a widening strategy of moves by the company to pivot its focus. It deepens and...
Bit Digital is betting the farm. They’re promoting the sale of these shovels in order to purchase the lottery tickets. They're ditching Bitcoin mining, the digital equivalent of the California gold rush, for Ethereum staking, which, let's be honest, sounds a lot less rugged and a lot more…regulated. Whether this...
Bitcoin mining is the integral process that serves as the backbone of the Bitcoin network. It’s how new bitcoins are generated, and it’s how transactions are confirmed and added to the public blockchain. To those unfamiliar with the crypto space, the word “mining” may seem a bit scary. Learning the...
The buzz is building. Look out BTC, altcoin ETFs are on their way! The SEC seems to be getting a little more friendly towards it, especially with regards to Solana. We're seeing applications amended, deadlines looming, and even whispers of BlackRock jumping into the XRP game after the Ripple case...
Let's be blunt. The Bitcoin gold rush? It’s increasingly shaping up to be a fool’s errand come 2025. This really is more than a small blip in profitability. That is a dramatic and potentially catastrophic turn in the risk-reward equation. The shiny allure of digital gold is masking a growing...
Tired of the 9-to-5 grind? Tired of the idea that your wealth is in the hands of people you can’t even influence? Let me tell you a secret: Bitcoin mining might just be your escape hatch. I know, I know, this sounds like something only tech sorcerers can comprehend, but...
The air is just crackling with excitement, right? Or maybe that’s just the Crypto Summer 2.0 that you can almost taste on the horizon. Forget the lukewarm spring we just had. This is about to be a full-blown heatwave, fueled by something even more potent than Bitcoin: Altcoins. And what's...
Introduction to the TopicCryptocurrency investment is on the verge of seismic change. Altcoin ETFs are primed to explode into the market! An Exchange-Traded Fund (ETF) is a type of investment fund that holds a collection of assets, such as stocks, bonds, or commodities, and divides ownership of those assets into...