Bitdeer boosts self-mining to stay competitive amid weak demand for rigs, joining other hardware makers turning to in-house Bitcoin operations.
Latest News on Hashrate
The amount of processing and computing power being given to the network through mining is referred to as hash rate. A fixed-length alphanumeric code representing any length of words, messages, or data is called a “hash.”
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- Explained
With 93% of all Bitcoin already mined, the race for the remaining coins is intensifying. Here’s how it impacts scarcity, mining rewards and the future of the network.
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Shares in IREN closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July.
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MARA Holdings has acquired an equity stake in Two Prime, which includes an allocation of 2,000 BTC for its yield strategy.
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CleanSpark reached 50 EH/s in operational hashrate in June, increasing its total Bitcoin holdings to 12,608 BTC even with significant monthly sales.
4320 - Analysis
Bitcoin adoption grew considerably in June, with 26 firms adding it to their balance sheets; meanwhile, Bitcoin’s hashrate fell 15%.
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In what looks to be the most dramatic decline in three years, Bitcoin’s hashrate dropped over 15% between June 15 and Tuesday.
7180 - Explained
Against 1 in 3,000 odds, a solo miner used a short burst of rented hash power to win a $330,000 Bitcoin block, proving that strategy can still beat scale in today’s mining landscape.
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Illegal mining and a lack of regulation limit Malaysia from tapping into the crypto mining revenue.
4731 - Markets News
Bitcoin miners offer a glimpse into potential price upside to come as the historically accurate Hash Ribbons flips green.
3672 - News
The miner’s May output shows resilience but still lags behind competitors MARA and Riot Platforms.
5744 - News
Cango mined 954.5 BTC worth more than $100 million in April and May, following its full pivot to Bitcoin mining and sale of its legacy operations.
15798 - News
With the latest mining production in May, Mara has increased its Bitcoin holdings to 49,179 BTC and has sold zero BTC, according to Chief Financial Officer Salman Khan.
9802 - News
The world’s biggest Bitcoin miner achieved record annualized revenue as its Bitcoin holdings surpassed $5 billion.
13867 - Report
As Bitcoin mining faces new challenges post-halving, uncover how miners adapt to new realities and secure their places in the Bitcoin ecosystem.
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