Mining

Venezuela’s Ministry of Electric Power announced it would disconnect all cryptocurrency mining farms from the national power grid (SEN, Sistema Electrico Nacional). The measure aims to control the high energy demand from these mining…

Antpool, the second-largest Bitcoin (BTC) mining pool, mined seven blocks in a row on May 17, raising security concerns. The seven-block sequence confirmed 20,686 transactions, rendering over 23 BTC, worth around $1.54 million, in…

Bitcoin (BTC) Price Action May, 12 – May, 17 2024. The figure is down from previous estimates exceeding $50,000, and the drop was attributed to declining hashrate after the halving event, which cut the Coinbase reward miners receive per…

LAS VEGAS - Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, has disclosed that its subsidiary, Sentinum, Inc., successfully mined approximately 89 in April 2024. Sentinum's operations are split between its…

MARSHALL - One week after the Buncombe County Board of Commissioners extended by a year its moratorium on cryptocurrency/data processing operations on May 7, the Madison County commissioners chose a different option, electing instead to…

On-chain data suggests the Bitcoin “Miner Price” metric has fallen under the BTC Electrical Cost. Here’s what happened next the last few times. Bitcoin Miner Price Has Declined Below Electrical Cost For Fifth Time Ever In a new post…

JPMorgan (NYSE:JPM) estimates that the current cost of mining Bitcoin has dropped to around $45,000, down from over $50,000. This decrease follows the quadrennial halving event last month, which cut miner rewards by 50%. The…

Bitcoin price is in rebound mode after slightly impressive US Inflation – CPI data. Impact of general market trend and Bitcoin halving on miners explored by analysts. The selling pressure for Bitcoin (BTC) is projected to…

One of the key events that regularly shake up the Bitcoin ecosystem is the halving event, and the most recent one in April 2024 certainly made its mark. According to BanklessTimes.com, Bitcoin mining revenues have dropped by 74% since…

Bitcoin (BTC) has printed a sudden 7% bounce following data from the Bureau of Labor Statistics (BLS) revealing that inflation data cooled in April. According to the BLS, the Consumer Price Index (CPI), which is…