News
Bitcoin miners near breakeven as network reacts more sharply to price swings: JPMorgan
5+ hour, 46+ min ago (468+ words) Bitcoin's mining network is becoming increasingly sensitive to price movements as more miners operate near breakeven levels, according to Wall Street bank JPMorgan. The bank said bitcoin's hashrate and mining difficulty have become noticeably more responsive to changes in the…...
Live updates: Bitcoin has traded below its mining cost for five months, squeezing miners
3+ day, 13+ hour ago (21+ words) Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, De Fi, digital finance and Web 3. 0 news with analysis, video and live price updates....
Bitcoin miners' AI pivot faces $50 billion reality check, says Van Eck
5+ day, 21+ hour ago (543+ words) Bitcoin miners that have spent the past two years reinventing themselves as AI infrastructure providers may be entering a more difficult phase of their transformation: proving they can actually deliver. In a new report, Van Eck argued that the market…...
Bitcoin's compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder
2+ week, 5+ day ago (379+ words) The infrastructure supporting global computing is undergoing a massive shift. True computing power no longer belongs to isolated corporate data centers, but to open, global networks. Speaking at the Proof of Talk summit in Paris, Bittensor co-founder and Crucible Labs…...
Bitcoin miner MARA sold $1. 5 billion in BTC as it shifts toward AI infrastructure
1+ mon, 1+ week ago (402+ words) MARA Holdings (MARA) is still producing bitcoin BTC$80, 984. 66, but it is getting harder to argue that mining is its core business. In its first-quarter earnings statement, the company said it does not expect to make large-scale purchases of the specialist…...
Bitcoin (BTC) mining pools with 75% of hashrate back open standard for block construction
1+ mon, 1+ week ago (410+ words) The biggest decentralization move bitcoin mining has seen in years just happened quietly, with seven of the largest pools agreeing to back the same open standard. Foundry, Ant Pool, F2 Pool, Spider Pool, MARA Pool, Block Inc, and DMND have all…...
The $11 billion dig: Bridgetower and Chainlink bring an Arizona copper mine onchain
3+ mon, 3+ week ago (292+ words) Blockchain firm Bridgetower is tokenizing an $11 billion copper-gold project in Arizona using Chainlink's infrastructure, in one of the largest commodity-backed tokenization deployments to date. The project, known as DOM X, will be issued through the Bridgetower Tokenization Platform and is…...
UK-based Reabold draws criticism for weighing gas-powered bitcoin mining operation
2+ mon, 2+ day ago (369+ words) Reabold Resources, an investment company focused on developing European gas projects, said it is considering establishing a gas-powered bitcoin BTC$75, 436. 94 mining station in northern England. The London-based company is exploring the potential to deploy a small power plant as a…...
From smelters to servers: Alcoa to cash in on crypto's thirst for energy
2+ mon, 3+ day ago (237+ words) The largest aluminum producer in the U. S. , Alcoa, is close to selling its idle Massena East smelter in upstate New York to bitcoin firm New York Digital Investment Group (NYDIG), as it offloads dormant assets and taps demand for energy-ready industrial…...
This Bitcoin mining pool lets users keep a whole BTC. It just found its second block
2+ mon, 3+ day ago (589+ words) A bitcoin mining pool built to reject both the industrial pay-per-share model and the pure lottery approach has now proved its design works. Twice. Upstart mining pool Parasite Pool mined block 945, 601 on Friday morning, its second block since launching in…...