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.


Tecnología

Bitcoin Mining Firm Navier Starts Tokenized Hashrate Marketplace for 'Qualified' Customers

The Navier platform is intended to give users more control over their acquired hashrate, and enable them to sell it on.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

Finanzas

Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise

Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set, and missed, for 2022.

(Eliza Gkritsi/CoinDesk)

Finanzas

Core Scientific Bankruptcy Judge Approves Transfer of Over $20M of Equipment to Its Exclusive Energy Negotiator

Core Scientific had stopped paying Priority Power Management in May 2022.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Finanzas

Crypto Winter Ends Era of Bitcoin Mining ‘HODLers’

Bitcoin miners are no longer able or willing to hold onto all of their mined digital assets indefinitely as a slump in prices is eating into their margins.

(DALL-E/CoinDesk)

Finanzas

Bitcoin Miner Stocks Surge Amid Banking Meltdown

Mining equities were up about 11% on average on Monday alongside big gains for bitcoin.

Bitcoin miners (Shutterstock)

Finanzas

Bitcoin Miner Marathon Says It Still Has Access to $142M at Signature Bank

Marathon terminated a credit facility with Silvergate last week.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finanzas

Bitcoin Miner Hut 8 Talks Operational Issues and U.S. Bitcoin Corp. Merger in Earnings Call

Management spoke to investors on Thursday morning following release of the company's fourth-quarter and full-year 2022 results.

A Hut 8 mining facility (hut8.io)

Finanzas

Bitcoin Miner Marathon Digital Terminates Credit Facility With Crypto Bank Silvergate

The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral.

Marathon Digital CEO Fred Thiel (CoinDesk)

Finanzas

Canadian Crypto Miner Pow.re Lands 100 MW Contract in Paraguay

The site is built in the Yguazu region, near the giant Itaipu dam.

The Itaipu dam (Jonas de Carvalho/Flickr)

Finanzas

Crypto Mining Rig Maker Canaan's Q4 Revenue Sunk 82% to $56.8M

The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in 2021.

Nangeng Zhang, CEO of Canaan Creative (Nangeng Zhang)