Tag: miners

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South African Utility Company Considers Cheap Power For Bitcoin Miners

Eskom, a South African electricity public utility,  is exploring plans to sell excess daytime electricity to Bitcoin mining companies as rooftop solar...

AI Power Demand Fuels Nuclear Revival — Bitcoin Miners Were Early Adopters

Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity.According to...

Public Bitcoin Miners Are Dumping Bitcoin For AI, A Historic Mistake

There is no doubt about it, this is the age of AI. Corporations are cutting their workforces in half to invest cash...

Why this fired OpenAI employee is betting $1bn on Bitcoin miners – DL News

Leopold Aschenbrenner runs a $5.5 billion hedge fund.The 24-year old’s fund has nearly 20% of the portfolio in Bitcoin miners.His bet, however, is on...

Paraguay Eyes Seized Miners For Government Bitcoin Project

Paraguay’s state-owned electricity monopoly, Administración Nacional de Electricidad (ANDE), has signed a Memorandum of Understanding (MOU) with Morphware, setting the stage for a government-led...

Over 15,000 BTC sold and more coming as public miners pivot to AI

Bitcoin miners are increasingly moving away from holding bitcoin on their balance sheets by selling more BTC to fund new identities as players in...

These Two Bitcoin Miners Are Getting Ready To Sell Bitcoin

For miners that once championed a ‘never sell’ ethos, the calculus is shifting as MARA Holdings disclosed in its latest annual filing...

Bitcoin Miners Power Back Above 1 Zettahash — But Profits Hover Near Historic Lows

Bitcoin miners are back to business as usual after last month’s Arctic blast iced operations across the U.S., and the network’s hashrate has clawed...

Circle Internet, crypto miners report earnings: Crypto Week Ahead

The week will be dominated by earnings reports from crypto-related companies, though the repercussions of the U.S. Supreme Court's decision on tariffs on Friday...

Mining difficulty drops by most since 2021 as miners capitulate

Bitcoin’s BTC$68,657.39 mining difficulty dropped by around 11%, its largest decline since China’s 2021 crackdown on the industry, after a sharp decline in hashrate...

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 shutdown thresholds, while even...

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 12-month peak. On top...