Bitcoin Mining Profitability Soars as 2023 Nears End: Daily Earnings Hit New Highs

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As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily...

Swan Bitcoin Unveils Stealth Mining Operations, Eyes 8 EH/s Goal by 2024 Amid Industry...

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The Los Angeles-based firm Swan Bitcoin recently revealed its covert bitcoin mining operations, initiated in the summer of 2023. The company shared on Thursday...

Bitcoin Miner Core Scientific Set to Emerge From Bankruptcy

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Core Scientific has received the go-ahead from bankruptcy court for its reorganization, paving the way for the bitcoin mining giant to relist its shares...

White House Council Reignites 30 Percent Tax on Crypto Mining

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The White House is pushing to tax cryptocurrency miners to “pay their fair share” for the costs inflicted on local communities and the environment.Electricity...

Cleanspark Bolsters Bitcoin Mining Might With 60,000 S21 Rig Acquisition From Bitmain

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The bitcoin mining firm Cleanspark, listed on Nasdaq, recently revealed the acquisition of 60,000 S21 miners produced by Bitmain. Scheduled for delivery in the...

Bitcoin Miners Prepare for Upcoming Difficulty Increase in the Face of Market Uncertainty

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Struggling minersAs a direct result of the increase in difficulty, miners will necessarily get their margins squeezed even more. Not surprisingly, this could be...

Today in Crypto: Sam Bankman-Fried to Testify Next Week, Regulators Postpone FTX Japan’s Suspension,...

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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Regulation newsFormer FTX...

Bitcoin Bull Run? Institutional Investors Look Like They Are Still on the Sidelines

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Given the three indicators, said the analyst, it is unlikely that the current rise means a real uptrend transition.Rather, added the author,"I think this...

Jack Dorsey-Backed Ocean Bitcoin Mining Pool Introduces Block Template Options

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Ocean, a Bitcoin mining pool backed by Jack Dorsey, has introduced block template options to allow individual miners to decide which transactions will be...

Bitcoin Miner Core Scientific Apparently Declares Chapter 11 Bankruptcy

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According to reports, Core Scientific has submitted a petition for protection under Chapter 11 of the U.S. bankruptcy code in the state of Texas...