Bitcoin mining hardware prices slump to two-year lows
The price of Bitcoin mining hardware, when measured by hash rate, has fallen to December 2020 levels.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Bitcoin mining hardware prices slump to two-year lows
The price of Bitcoin mining hardware, when measured by hash rate, has fallen to December 2020 levels.
ECB notes environmental credentials of Proof-of-Stake cryptocurrencies
Officials at the European Central Bank (ECB) criticised cryptocurrencies based on the Proof-of-Work (PoW) algorithm. In their view, projects using Proof-of-Stake (PoS) are among the few viable paths for the sustainable development of digital assets.
CleanSpark buys more than 1,000 Bitcoin miners amid market downturn
The mining company CleanSpark acquired 1061 Whatsminer M30S units. The equipment, with a total hash rate of about 93 PH/s, is already mining cryptocurrency at the Coinmint hosting facility.
Glassnode: Bitcoin market has not yet formed a firm bottom
The Bitcoin bear market has entered its final stage, with signs of deep capitulation, but signals of a bottom approaching have not yet formed. Glassnode analysts reached this conclusion.
Greenidge Generation increases Bitcoin mining by 18%
In June, the American mining company Greenidge Generation Holdings mined about 230 BTC. This is roughly 18% higher than in the previous month.
Bitcoin miners pause operations in Texas
Bitcoin miners paused operations in Texas amid heatwave-driven peak electricity demand, Bloomberg reports.
Kazakhstan’s president signs law setting mining tax rates
The president of Kazakhstan, Kassym-Jomart Tokayev, signed a law providing for differentiated tax rates on mining.
Marathon cuts Bitcoin mining by 44%
In the second quarter of 2022, Marathon Digital Holdings mined 707 BTC — down 43.8% from the {{AOPEN_1}}first three months{{ACLOSE_1}} of the year.
Bitcoin mining difficulty falls 1.41%
As a result of the latest difficulty adjustment, Bitcoin mining difficulty fell by 1.41% to 29.15 T. The negative momentum continued for a second week in a row.
Compass Mining to cut 15% of workforce and reduce executive pay
Bitcoin mining equipment and services provider Compass Mining announced it would lay off 15% of staff and cut costs.We use cookies to improve the quality of our service.
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