Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine. Read more »
The landmark occasion sees a reduction in Bitcoin miner rewards, dropping from 6.25 BTC per mined block to 3.125 BTC. Read more »
While Bitcoin halvings can put a huge dent in crypto mining profitability, miners say they wouldn’t have it any other way. Read more »
CleanSpark expects its operating hash rate to double in time for Bitcoin’s halving once it spins up the mining rigs from four new recently-purchased facilities. Read more »
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Bitcoin network hash rate has reached a new all-time high of over 540 exahashes per second. However, hash price and profitability are sinking again. Read more »