The bitcoin BTC$104,868.96 mining industry is entering a difficult period marked by growing competition, rising energy demands and shrinking profits, according to Fred Thiel, CEO of MARA Holdings (MARA).“Bitcoin mining…
Today in crypto, competition in the Bitcoin mining industry is intensifying, with smaller miners gaining ground on their larger rivals in realized hashrate. Meanwhile, Ferrari is deepening its crypto push…
Crypto mining stocks tied to the red-hot artificial intelligence (AI) data center trade were the fastest horses on Monday to recover from Friday's market rout.Bitfarms (BITF) and Cipher Mining (CIFR)…
New York State Senator Liz Krueger introduced a bill on Wednesday to impose excise taxes on energy used by crypto mining companies operating facilities in the state.The proposed excise tax,…
When Core Scientific signed a $3.5 billion deal to host artificial intelligence (AI) data centers earlier this year, it wasn’t chasing the next crypto token — it was chasing a…
Key takeaways:Strong Bitcoin miner and corporate BTC accumulation fuel speculation on BTC price surpassing $140,000.Investors’ rising inflation expectations and weakening consumer sentiment could prevent BTC from hitting new highs.Bitcoin (BTC)…
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and…
Hashprice, a key metric used to gauge miner revenue, is currently hovering near a five-year low, according to HashRate Index—a stark reminder of how difficult the mining business has become.…
After months of rapid expansion, Bitcoin’s hashrate growth slowed down in January, according to the latest report from TheMinerMag. The network’s difficulty saw its first decline since September, indicating that…
Publicly traded U.S. crypto mining companies doubled their bitcoin (BTC) holdings last year, taking the total to 92,473 valued at $8.6 billion as of end-December while the price of the…
