The Bitcoin network mining difficulty recorded a sharp drop amid market turmoil and a brief disruption from a winter storm ...
Bitcoin trades near $71,000 — roughly 20% below its estimated $87K production cost — as miner profitability hits a 14-month ...
A severe winter storm has forced US miners to curtail operations, dragging bitcoin’s hashrate, output and miner margins to their weakest levels in months.
Bitcoin has often surged after sustained hashrate drops, a trend that would provide much-needed relief to many struggling Bitcoin miners at current prices. Bitcoin’s hashrate fell 4% over the month to ...
A solo bitcoin miner was charged by the SEC for misappropriating $48.5 million from investors by selling bogus mining hosting agreements that promised passive income. The U.S. Securities and Exchange ...
The 39-year-old founder of Russia’s largest crypto miner was detained Friday and accused of concealing assets, as BitRiver also faces insolvency claims and operational strain.
In June, WSJ’s Joanna Stern headed inside a data center to show just how much energy it takes to make an AI image and video. Photo: David Hall It’s harder than ever to mine bitcoin. And less ...
Bitcoin mining firm Hut 8 is the latest crypto infrastructure company to lock in large-scale, Google-backed financing, as miners increasingly pivot toward artificial intelligence data centers to ...
A crypto analyst best known for warning that the 2021 bull market was running out of steam says Bitcoin may already be in another reset phase and that the current sense of market apathy looks ...
Dec 17 (Reuters) - Hut 8 (HUT.O), opens new tab has signed a deal valued at about $7 billion to lease a data center in Louisiana, it said on Wednesday, as former cryptocurrency miners pivot to meet ...