Bitcoin miners increase capacity though Inscription-fueled transaction fee surge cools ahead of halving
Cipher Mining and Stronghold Digital started the new year by announcing significant expansions in their Bitcoin mining capabilities, scaling up operations in response to changing market dynamics. These developments come…
Bitcoin’s rise to $45k propels crypto stocks to robust year opening
Major crypto-centric firms are off to a robust start in the new year, marked by significant market trading upticks in their shares amid Bitcoin’s rally above $45,000. According to Yahoo…
Court grants final approval for $225M Celsius mining company, steers clear of securities ruling
The United States Bankruptcy Court for the Southern District of New York approved the implementation of the “MiningCo Transaction” for Celsius and its affiliated debtors as part of the Chapter…
Bitcoin mining stocks account for 25% of shares traded for top large caps, outperforming BTC into new year
Yesterday’s stock market, Dec. 27, reflected a surge in investor interest in Bitcoin-related stocks ahead of potential ETF approvals. Bitcoin mining companies’ stocks soared, outstripping the cryptocurrency’s gains amidst anticipating…
Bitcoin mining difficulty hits all-time high after surging over 6%
The Bitcoin network witnessed a significant rise in mining difficulty, setting a new all-time high by surpassing 72 trillion at block height 822,528. The 6.98% increase from its previous level…
Bitcoin miner Hut 8 to develop mining facility for bankrupt Celsius in Texas
Bitcoin (BTC) miner Hut 8 said it signed an interim agreement to build and install mining operations for bankrupt crypto lender Celsius in Cedarvale, Texas, according to a Dec. 18…
Bitcoin mining’s silent comeback in China, according to industry insider
CryptoSlate’s research analyst, James Van Straten, recently sat down with Bitfarms’ Chief Mining Officer, Ben Gagnon, to discuss the evolving landscape of Bitcoin mining, revealing some interesting thoughts on Bitcoin…
Russia draws up plans to classify mined crypto as an exportable commodity
The Russian Ministry of Finance has proposed allowing crypto miners to export their crypto akin to other commodities, local media outlet RBC reported. During a round table discussion titled “Cryptocurrency…
Bitcoin surge triggers miner sell-off
The role of Bitcoin miners goes beyond block validation — they are fundamental in shaping the market through their BTC balances. Historically, these balances have been closely tied to Bitcoin’s…
Phoenix Group secures $380M deal for sustainable Bitcoin mining equipment
Bitcoin (BTC) miner Phoenix Group secured a $380 million hardware deal from Whatsminer less than two days after its stock debuted on the Abu Dhabi Securities Exchange (ADX). In a…
