Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023
Bitcoin miners are contending with the fifth community issue enhance since February 24, 2023, following a 1.72% rise on April 20 at block peak 786,240....
Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet
On Tuesday, the bitcoin mining firm Cleanspark introduced that it had bought 45,000 Antminer S19 XP bitcoin mining gadgets for a complete value of $144.9...
Bitcoin Difficulty Increases for Third Time in Six Weeks, Miners Remain Undeterred With High Hashrate
On March 23, 2023, bitcoin skilled one other problem improve, following two earlier rises within the final month, leaping 7.56% larger. Currently, bitcoin miners haven’t...
Challenging Year for Bitcoin Miners as Fewer BTC Mining Rigs Are Profitable at Current Prices
Bitcoin miners have had a difficult 12 months because the community’s mining problem reached an all-time excessive and the spot market worth of bitcoin dropped...
Core Scientific Files for Bankruptcy Protection, Firm Plans to Continue Mining Bitcoin to Pay Down Debt
On Dec. 21, 2022, one of many largest bitcoin mining operations within the trade, Core Scientific, filed for Chapter 11 chapter safety within the Southern...
Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
During the previous few weeks bitcoin’s value of manufacturing has been greater than the main crypto asset’s spot market worth and in flip, this has...
Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value
Bitcoin miners are coping with plenty of strain following the latest issue adjustment enhance on Nov. 20, 2022, and the main crypto asset dropping additional...
Bitcoin Miner Cleanspark Acquires 3,853 Bitmain-Made BTC Mining Rigs for $5.9 Million
On Nov. 1, 2022, the bitcoin miner Cleanspark revealed it acquired 3,853 Bitmain-brand Antminer S19J Pro mining rigs for $5.9 million. According to Cleanspark, the...
Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s
On October 25, the bitcoin mining operation Cleanspark introduced that the agency’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved greater than...
Despite Significant Difficulty and Low BTC Price, Bitcoin’s Hashrate Continues to Climb Higher
Following the biggest issue improve the Bitcoin community has seen in 2022, the community’s hashrate has not been affected by the 13.55% improve. In truth,...