Bitcoin BTC $89,959.07 mining profitability declined for the fourth month in a row in November, according to a Monday report by JPMorgan (JPM). Daily block reward gross profit also slumped 26% from ...
Before 2021, China controlled a large share of global Bitcoin (BTC) mining. Data from the Cambridge Bitcoin Electricity Consumption Index shows that Chinese miners produced about 65% of the world’s ...
The Bitcoin (BTC) mining difficulty is projected to increase during the next difficulty adjustment scheduled for Dec. 11, as hash price, a critical metric that measures expected miner profitability ...
The Department of Homeland Security has been investigating whether Bitmain mining machines pose a risk to U.S. national security, per a Bloomberg report. Other branches of government have also been ...
The world's leading manufacturer of Bitcoin (BTC) mining equipment, Beijing-based Bitmain Technologies Ltd., has been under a national security probe in the U.S. for months now, as per a recent ...
Miners are using cheap electricity and unused data centers in provinces like Xinjiang and Sichuan. Canaan’s mining rig sales in China surged, making up over half its revenue in Q2 this year. China is ...
What just happened? A solo Bitcoin mining enthusiast running a small-scale operation has hit the jackpot. On Friday, the machine – believed to be an older generation ASIC device capable of around six ...
Bitcoin BTC $85,944.78 mining is experiencing a significant revival in China even though the activity was formally banned in 2021, according to Reuters. After almost disappearing from the global ...
China's bitcoin mining market share rebounds to 3rd globally, Hashrate Index shows Beijing’s softening stance, cheap electricity attract crypto miners Bitcoin seen as strategic asset amid Sino-US ...
Bitcoin and crypto-related stocks fell last week. Analysts at JPMorgan cut the price target for top Bitcoin miner MARA. But researchers at Compass Point upgraded the stock. Two investment banks are ...
China’s Bitcoin mining has surged to 14% of global hashrate despite the official ban on crypto activities. Regions like Xinjiang and Sichuan have become key hotspots for Bitcoin mining due to cheap ...