Key Takeaways Texas’ sudden freeze resulted in a 34% drop in Bitcoin’s hash rate due to increased energy grid demand. Bitcoin miners in Texas, contributing significantly to the US hash rate, curtailed operations…
Bitcoin’s hash rate has dropped by 25% since the weekend—a worrying sign for the security of the biggest digital coin’s network ahead of its highly anticipated “halving” event. Data from MiningPoolStats shows that…
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Bitcoin network hash rates have surged to new record highs over the weekend. Furthermore, the pressure on Bitcoin miners has intensified as hardware prices also start to increase while profitability remains stagnant. The…
CleanSpark Inc., a prominent Bitcoin mining company, has announced its plans to acquire two turnkey bitcoin mining campuses in Dalton, Georgia, for $9.3 million in an all-cash deal. The facilities are expected to…
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After severe turbulence in the Bitcoin mining industry last year, there seems to be a significant resurgence since the start of 2023. While it has become even harder to mine BTC, miner revenue…
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