Mining difficulty drops by most since 2021 as miners capitulate
Bitcoin’s BTC$68,798.33 mining difficulty dropped by around 11%, its largest decline since China’s 2021 crackdown on the industry, after a…
Tag: Miners
Sovcombank launches bitcoin-backed loans for Russian miners and businesses
Sovcombank, the ninth-largest Russian bank by assets, said it became the first financial institution in the country to offer bitcoin-backed…
Miners are being squeezed as bitcoin’s $70,000 price fails to cover $87,000 production costs
Bitcoin BTC$71,091.27 is now approximately 20% below its estimated average production cost, increasing financial pressure across the BTC mining sector.…
Publicly Traded Miners Buck the Tape as Bitcoin’s Price Wobbles
Bitcoin briefly slid to $72,863 on Bitstamp on Tuesday, but publicly traded mining stocks managed to post mixed-to-positive daily performances…
Bitcoin Miners Hit ‘Shutdown Prices’ as Profitability Slumps to Multi-Month Low
Older and mid‑range mining rigs like the Antminer S19 XP+ Hydro, Whatsminer M60S and Avalon A1466I have reportedly already crossed…
Miners get an open-source alternative as Tether launches MiningOS
Tether has released an open-source operating system for bitcoin mining, pitching it as a way to make running mining infrastructure…
Rare earth miners jump as Trump is eyeing mineral stockpile
U.S. President Donald Trump delivers remarks before signing an executive order in the Oval Office of the White House on…
Hashprice Near Yearly Lows Puts Bitcoin Miners Under Heavy Pressure
Bitcoin miners are kicking off February on shaky ground, with revenue slipping hard since mid-January and sitting well below July’s…
Stocks Settle Lower on Weakness in Chip Stocks and Miners
The S&P 500 Index ($SPX) (SPY) on Friday closed down -0.43%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.36%, and the Nasdaq…
Why Entrepreneurs Should Think Like Bitcoin Miners
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Stay ahead by building behind the scenes: Don’t wait for…