Tag: Miner
Is Miner Capitulation Good or Bad News for Bitcoin?
The leading crypto has dropped from its peak of $ 69 thousand at the end of last year to $ 18 thousand this year. This left Bitcoin miners in a…
How Bitcoin Miner Stocks Closed the Week (August 29 – September 4)
Bitcoin spent the week oscillating between 20,500 and 19,500 levels. Bitcoin, which worried long-term investors by approaching the average costs, had a negative impact on mining stocks. HIVE Blockchain Canada…
Rising Electricity Prices Hit Bitcoin Miner Compass
Two facilities operated by cryptocurrency miner Compass Mining for hosting purposes stopped production due to rising electricity prices. Two plants in Georgia that use Compass Mining Stopping production due to…
Miner Reserves Break Records as Ethereum (ETH) Migrates to PoS
Miners are stocking up on more Ethereum as they prepare to transition the Ethereum (ETH) blockchain from proof-of-work (PoW) to proof-of-stake (PoS), the second most valuable cryptocurrency after Bitcoin. The…
How Bitcoin Miner Stocks Closed the Week (22-28 August)
bitcointhis week Jackson Hole held at the meeting Federal Reserve Chairman Jerome Powell after his speech 7% lost value. This depreciation is the first of the week. 3 on the…
How Bitcoin Miner Stocks Closed the Week (August 15-21)
Bitcoin’s 12% drop this week has shaken mining companies deeply. It’s been a tough week for mining stocks, which started selling in the pre-opening session after falling 10% early Friday.…
Merge Statement From The Biggest Ethereum Miner!
Ethereum (ETH) which foresees the transition from the PoW system to the PoS system on September 15 in its network. Merge upgrade is planned. ETH miners are also running out…
Bitcoin Miner Riot Lost $366M In The Second Quarter
Riot Blockchain, one of the world’s largest Bitcoin (BTC) miners, for the second quarter of the year $366.3 million loss declared This loss in Riot Blockchain’s financial statement is largely…
Ethereum Miner Guo Insists on Hard Fork Plan
Chandler Guo, one of the Ethereum miners, The Merge insists on a hard fork of the blockchain after the update. Merger The Merge update, also known as the Ethereum blockchain,…
How Bitcoin Miner Stocks Closed the Week (August 8-14)
The majority of publicly traded Bitcoin mining companies closed this week on a positive note. The top earner of the week is Nasdaq’s Hut8 Inc. it happened. Hut8 is up…
Bitcoin Miner Hut 8 Lost $69M In The Second Quarter
Bitcoin miners Hut 8 Mining announced a loss of approximately $69 million for the second quarter of this year. According to the statement made by Hut 8 Mining, the company…
Bitcoin Miner Genesis Adds 708 Megawatts To Its Capacity
Genesis, one of the world’s largest bitcoin miners, has grown its production capacity. According to a statement made by Genesis Digital Assets today, the company will be able to return…
Bitcoin Miner IREN Doubles Its Production Capacity
Bitcoin miner Iris Energy (IREN) has doubled its production capacity thanks to the new devices it has started to use. Iris Energy has a total of 41 megawatts of devices…
How Bitcoin Miner Stocks Closed the Week (August 1-7)
The majority of publicly traded Bitcoin mining companies closed this week on a positive note. The top earner of the week was Nasdaq’s Cipher Mining Inc. it happened. Cipher Mining…
Chinese Miner Chandler Guo’s Ethereum Rebellion From Poloniex and Huobi
Chinese Ethereum miner Chandler Guo’s plan to fork the Ethereum network ahead of the Merge update is supported by Huobi and Poloniex, one of the industry’s leading cryptocurrency exchanges. Ethereum,…
Bitcoin Miner Riot Blockchain Affected by Texas Heat Wave
Riot Blockchain, one of the world’s largest bitcoin (BTC) miners, was hit by a heatwave in Texas last month. According to a statement made by Riot Blockchain today, the company…
Famous Bitcoin Miner Receives Additional $100 Million Loan!
world’s largest Bitcoin (BTC) one of the miners Marathon Digital, announced that it has received a BTC-backed $100 million loan. Marathon Digital announced on July 28 that it has expanded…
Are Pre-merger Danger Bells Ringing on Ethereum? Statement from Miner Representative!
EthereumWhile counting the days to transition to the Proof of Stake consensus mechanism, the altcoin’s community is faced with the threat of a miner that could be spearheaded by a…
How Bitcoin Miner Stocks Closed the Week (July 25-31)
All of the publicly traded Bitcoin mining companies closed this week on a positive note. The top earner of the week is Nasdaq’s Core Scientific Inc. it happened. Core Scientific…
$50 Million Hosting Deal From The Biggest Bitcoin Miner
Core Scientific, the world’s largest bitcoin miner in terms of the total hash rate it generates in blockchain, has made a $50 million hosting deal. core, an unnamed organization In…