Tag: mining

While the cryptocurrency market saw the usual ups and downs in May, Bitcoin (BTC) mining computers enjoyed a substantial earnings uptick over the past month. A 13.7% earnings surge saw…

References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good.

On Friday, Cathedra Bitcoin Inc. announced a partnership with 360 Mining, revealing plans to deploy mobile data centers and application-specific integrated circuit (ASIC) bitcoin miners at 360 Mining’s off-grid location…

Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.

Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs.

Two bills that will seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at committee.

Bitcoin’s mining difficulty level rose to an all-time high as miners deploy more machines to capitalize on recent spike in revenue.

CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.

Negotiations over the new debt deal squashed the Biden Administration’s plan to phase in a 30% tax on the electricity used in Bitcoin (BTC) and crypto mining.