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miner

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11 Jun 23

Solo bitcoin miner beats odds to mine BTC despite record high difficulty

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On June 9, at block height 793,607, a solo bitcoin (BTC) miner successfully mined a block through a mining service provider, solo.ckpool. Solo bitcoin miner wins The feat meant that the bitcoin miner received the 6.25 BTC block reward and overcame the high […]

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08 May 23

Crypto miner migration could give Russia control over 18% of bitcoin hashrate

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Analysts predict that increasing regulatory pressure, energy costs and tax burden, in countries such as the U.S. and Kazakhstan could lead to a new migration of crypto miners to Russia. The analysts suggest that Russia has the potential to increase its […]

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07 May 23

Bitcoin miner profitability rises 2X in 7 weeks despite network congestion

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain data on May 7 shows that the profitability of bitcoin (BTC) miners is on the rise. Bitcoin miner profitability rises 2X BitInfoCharts reveals that for every TH/s of hash rate, which is the computing power funneled to the Bitcoin network, a miner […]

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01 May 23

Bitcoin miner reserves drop by $58m in four days

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain data shows that bitcoin miners’ BTC reserves have dropped significantly in the past four days, with miners selling over 2,000 BTC worth $58 million. According to CryptoQuant on-chain data posted on Twitter by crypto sleuth @ali_charts, bitcoin miners have sold […]

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19 Apr 23

Bitcoin miner revenue from fees declines amid a drop from $30k

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) miners are witnessing a significant decline in revenue generated from transaction fees amid the asset’s drop from the highly-coveted $30,000 price point. This metric suggests that market participants are paying fewer transaction fees on the bitcoin network. The percentage […]

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29 Mar 23

Miner Bitdeer to trade on Nasdaq amid Blue Safari merge

In a recent press statement, Bitdeer Technologies and Blue Safari announced the SEC’s successful approval of their business combination proposal. SEC declares effective the registration statement Bitdeer Technologies and Blue Safari corp recently announced their success with SEC. According to a press statement via PR newswire, the duo announced that the Securities and Exchange Commission […]

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26 Dec 22

Bitcoin miner, Blockware, sued for deception and fraud

The London-based private firm, Faes & Company Limited, has filed a lawsuit against the bitcoin (BTC) miner firm, Blockware Solutions LLC. Faes, in a lawsuit filed at the United States District Court Northern of Illinois, accuses Blockware of “breach of contract, negligence, deceptive trade practices, and fraud.” The law firm also argues that the miners […]

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