Cryptocurrency Market

  • Market Cap: $3,433,910,898,281.19
  • 24h Vol: $76,806,496,379.33
  • BTC Dominance: 62.47%

Bitcoin mining

gomining-launches-foundation-to-drive-innovation-in-bitcoin-l1-and-l2-projects

Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects

The GoBTC Foundation, established by Gomining, has been officially launched to strengthen Bitcoin’s onchain ecosystem. The foundation’s creation aims to support initiatives that foster greater transaction activity and ecosystem growth. Foundation Established to Foster Bitcoin’s Infrastructure Growth Gomining states that the GoBTC Foundation operates as a vertically integrated entity, focusing on Bitcoin’s layer one (L1) […]

Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects Read More »

september-slump:-bitcoin-miners-see-2024’s-lowest-revenue

September Slump: Bitcoin Miners See 2024’s Lowest Revenue

According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul. Bitcoin Miners Earn $815.7M in September, Lowest Monthly Total of 2024 September was a tough month for bitcoin miners, who saw their lowest revenue

September Slump: Bitcoin Miners See 2024’s Lowest Revenue Read More »

hashprice-gains-give-bitcoin-miners-a-much-needed-boost-after-sluggish-month

Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month

Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last four days alone. Hashprice Jumps Nearly 9% in 4 Days: Bitcoin Miners Catch a Break as September Nears End On Aug. 29, 2024, mining revenues

Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month Read More »

swan-bitcoin-alleges-ex-employees-conspired-to-steal-mining-business

Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business

A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to the suit, Swan’s subsidiary Electric Solidus alleges that Proton Management dubbed a “copycat company” in the filing, stole trade secrets from their mining operations. Swan

Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business Read More »

hut-8-launches-gpu-as-a-service-vertical,-deploys-1,000-nvidia-gpus

Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs

Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in a Chicago-based tier-three data center, for an artificial intelligence (AI) cloud developer. Hut 8 Deploys 1,000 Nvidia GPUs The new GPU cluster, designed and configured

Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs Read More »

hashpower-evolution:-bitmain’s-new-asic-packs-477,677%-more-power-than-the-2013-s1

Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1

This week, Bitmain introduced its latest bitcoin mining machine, which packs an impressive punch with a reported output of 860 terahash per second (TH/s). To put that in perspective, this new rig churns out 81.81% more hashpower than its predecessor, the Antminer S21 XP Hydro. And if we go way back, it’s a mind-blowing 477,677%

Hashpower Evolution: Bitmain’s New ASIC Packs 477,677% More Power than the 2013 S1 Read More »

860-terahash-—-hut-8-and-bitmain-partner-to-launch-new-direct-liquid-to-chip-asic-miner

860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner

Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2 2025 and a potential transition to self-mining through a purchase option. Hut 8 and Bitmain Partner on Innovative Miner to Boost Bitcoin Mining Infrastructure The

860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner Read More »

btc-miner-cathedra-shifts-focus-to-bitcoin-acquisition-strategy

BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy

Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy similar to that of Microstrategy, which has gained recognition for its bitcoin acquisition policy. Cathedra Bitcoin Ditches Mining

BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy Read More »

cleanspark-expands-bitcoin-mining-operations-by-acquiring-7-tennessee-facilities

Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities

Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected to boost the company’s current mining capacity by 5 exahash per second (EH/s) by 2024, representing a 22% increase in its operational hashrate. Cleanspark to Acquire 7 Bitcoin Mining Facilities in $27.5M Deal, Boosting Hashrate

Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities Read More »

compass-mining-energizes-3,000-bitcoin-mining-rigs-at-iowa-facility

Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility

Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining Scales Iowa Facility The bitcoin mining operator Compass Mining shared that it has energized 3,000 machines at the new site, with plans for an additional

Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility Read More »