- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Bitcoin Mining
Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain network. It involves powerful computers solving complex mathematical problems to secure the Bitcoin network and maintain its decentralized nature. Individuals, companies, and even specialized mining pools participate in this process, known as miners. These miners play a crucial role in ensuring the integrity and security of the Bitcoin network. As the number of bitcoins in circulation is limited, mining also serves as a means of distributing new bitcoins. Miners are rewarded with newly minted bitcoins for their computational efforts and the energy they contribute to the network. Bitcoin mining has evolved over time, with the advent of more efficient hardware and the rise of mining farms. These farms, often operated by companies, leverage economies of scale to maximize their mining capabilities. Additionally, mining protocols and algorithms have been developed to adapt to the increasing computational power and maintain the network's stability. Crypto exchanges facilitate the trading of bitcoins, allowing miners to convert their earned bitcoins into traditional currencies or other cryptocurrencies. This dynamic ecosystem of people, companies, protocols, and blockchain networks collectively contribute to the functioning and growth of Bitcoin and the broader cryptocurrency market.
Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.
Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale
The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents.
State of Miners Amid Increasing Transaction Fees on Bitcoin
River Research Analyst Sam Wouters joins "All About Bitcoin" to discuss how Lightning Network can help with the surging transaction fees on the Bitcoin network. Plus, how bitcoin miners are reacting to the recent fee rate hike.
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
Thursday's reported first-quarter results from miners were a mixed bag.
Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long
The transaction fees debacle might have provided a short-lived revenue bump for the miners but gives a glimpse of the future for the industry.
Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite
The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.
Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe
The U.S. regulatory body is investigating related party transactions that may have violated securities laws.
Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Immersion-Cooled Bitcoin Mining
The U.S.-based miner is partnering with Abu Dhabi-based Zero Two, a digital assets infrastructure development company focused on supporting the power grid of that Middle Eastern capital.
Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years
For the first time since 2017, some bitcoin (BTC) miners are getting paid more to process transactions on the blockchain than they’re rewarded for creating new BTC, a potentially welcome development following the battering the industry has faced lately. CoinDesk's chief insights columnist David Z. Morris joins "All About Bitcoin" to discuss.