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Bitcoin mining sector expects stability amid decrease in bankruptcies

Bitcoin mining sector expects stability amid decrease in bankruptcies

In an interview with Bloomberg on April 3, Hut 8 CEO Asher Genoot projected a notable decline in Bitcoin mining firms filing for bankruptcy in the ...
Apr, 04, 2024
2 min read
by CryptoPolitan
Daily Bitcoin Miner Revenue Reached New Peak Amid BTC Rall, Exceeding April 2021 Levels

Daily Bitcoin Miner Revenue Reached New Peak Amid BTC Rall, Exceeding April 2021 Levels

Amidst a market-wide rally, Bitcoin miner earnings have soared to a new high.
Mar, 12, 2024
2 min read
by CryptoPotato
Hut 8 responds to report criticizing USBTC merger and other activities

Hut 8 responds to report criticizing USBTC merger and other activities

The Bitcoin and digital asset mining firm Hut 8 responded to a recent critical report in a statement on Jan. 19. The mining company wrote: “Hut 8 C...
Jan, 20, 2024
2 min read
by CryptoSlate
Inside Bitcoin miners’ billion-dollar battle

Inside Bitcoin miners’ billion-dollar battle

The Bitcoin mining industry is currently entrenched in a high-stakes battle, marked by a billion-dollar race to secure the latest technology and ga...
Dec, 24, 2023
3 min read
by CryptoPolitan
Tether Holdings dives into Bitcoin mining with $500 Million investment plan

Tether Holdings dives into Bitcoin mining with $500 Million investment plan

Tether Holdings Ltd., primarily known for managing the USDT stablecoin, is embarking on an ambitious journey to become a leading player in Bitcoin ...
Nov, 16, 2023
2 min read
by CryptoPolitan
How Do Crypto Bankruptcies Make $770 Million Winners?

How Do Crypto Bankruptcies Make $770 Million Winners?

As the value of digital currencies plummeted, many crypto firms faced insolvency, causing the services of legal experts to specialize in bankruptcy...
Nov, 16, 2023
11 min read
by CryptoPolitan
Tether plans $500M investment into Bitcoin mining operations

Tether plans $500M investment into Bitcoin mining operations

In a significant diversification of its core business of managing the USDT stablecoin, Tether Holdings Ltd. is pivoting a portion of its operations...
Nov, 16, 2023
2 min read
by CryptoSlate
How Crypto Mining Stocks Have Performed In Comparison To Bitcoin

How Crypto Mining Stocks Have Performed In Comparison To Bitcoin

The impressive gains that proof-of-work (PoW) tokens, most especially Bitcoin, have recorded in recent days have brought mining firms into the spot...
Oct, 24, 2023
2 min read
by Bitcoinist
This is Why Marathon Digital Mined Less Bitcoins in August

This is Why Marathon Digital Mined Less Bitcoins in August

Marathon Digital has produced 7,368 Bitcoins year-to-date.
Sep, 06, 2023
2 min read
by CryptoPotato
Is Crypto Mining Profitable in 2023? Top 5 Crypto Miners

Is Crypto Mining Profitable in 2023? Top 5 Crypto Miners

Mining of proof-of-work consensus-based cryptocurrencies has become a multi-billion dollar industry despite the recent slump in the crypto sector. ...
Jul, 21, 2023
14 min read
by CryptoPolitan