Search results for hashrate
Crypto
Bitcoin mining profits plunge, putting $60,000 support under test
Bitcoin mining profitability has fallen to a record low, fueling market unease over whether bitcoin can hold the $60,000 support level. As the price slipped toward $62,000, on-chain activity cooled and miner revenue sank. Miners and pools still hold more than $110 billion worth of bitcoin, raising concerns about potential selling. Industry concentration has increased, while some miners shift power infrastructure toward AI computing.
Crypto
Home bitcoin miner hits 3.14 BTC jackpot with 14 rigs
A solo miner has successfully mined a bitcoin block using only home mining equipment and received 3.14 BTC in rewards. The miner used 12 Canaan Avalon Nano 3S units and two Avalon Mini 3 units to mine block 951771. The combined hashrate was about 147 TH/s, with estimated odds of about 1 in 6.7 million. The miner reportedly used Braiins Solo, which supports independent mining without running a full node.
Crypto
Bitdeer sells another 206 BTC, keeps bitcoin holdings at zero
Cryptocurrency miner Bitdeer sold all bitcoin it mined in the week ended May 29, keeping its bitcoin holdings at zero for a 14th straight week on a weekend basis. The company has continued a no-holdings finance strategy it began in late February, selling weekly output and maintaining zero holdings on its balance sheet at each week’s end. It is deploying cash into data centres, next-generation ASICs and AI cloud services.
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AI & Enterprise
AI data centre bottleneck is power, lifting value of bitcoin miners
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Crypto
Bitcoin bullish bets return; retaking $85,000 hinges on ETFs
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Crypto
Colombian president proposes Caribbean coast bitcoin mining hub powered by renewable energy
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Crypto
Bitcoin signals long-term bull market as 200-week moving average breaks $60,000
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Crypto
Adam Back says Satoshi documentary lacks evidence, early mining data cannot pinpoint identity
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Crypto
Uzbekistan to build crypto mining valley near Kazakhstan border, tax exemptions until 2035
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Crypto
Bitcoin miners shaken by worsening profitability as bitcoin selling surges
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Crypto
Bitdeer sells entire 165 BTC weekly output, keeps own holdings at zero
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Crypto
Bitcoin solo miner beats 300-year odds to win $220,000 jackpot
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AI & Enterprise
Bitcoin sales and AI infrastructure push intensify miners\' race for power
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Crypto
Bitcoin and dollar in symbiosis; GENIUS Act framework should not be undermined
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Crypto
Solo bitcoin miner beats lottery odds to win about $210,000 reward
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Crypto
AI data centre boom raises concerns over Bitcoin network security
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Crypto
Foundry to launch Zcash mining pool for institutions
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Crypto
Solo bitcoin miner hits jackpot with $75 rental hashrate to win more than $200,000