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Mining
Crypto Miners Extend Slump as Bitcoin Price Falls to Lowest Point Since October
Some miners have lost almost 50% of their market capitalization since bitcoin reached its all-time high in November.
Bitcoin Touches New Milestone With 90% of Total Supply Mined
However, the entire supply won’t get mined until February 2140.
Could a ‘Santa Claus Rally’ Happen This Year?
Following a week of lower lows for bitcoin, could we expect to see a “Santa Claus Rally” this year? CoinDesk’s Brad Keoun weighs in on his crypto markets analysis and outlook. Plus, tech editor Christie Harkin discusses the latest on bitcoin’s hashrate as it rebounds to levels not seen since before China’s mining crackdown.
What’s Driving Bitcoin Lower?
Bitcoin buying activity remains weak despite several oversold signals on the charts. Prime Trust Chief Financial Officer Rodrigo Vicuna discusses his take on the potential catalyst behind BTC’s short-term downtrend and the possible impact of mining on price movements. Is a “Santa Rally” still possible?
Crypto’s Carbon Footprint Could Hinder Adoption: Deutsche Bank
“Mining just one bitcoin consumes a larger carbon footprint than nearly 2 billion Visa transactions,” the bank said.
CleanSpark Aims to Grow Bitcoin Mining Output Over 20% Through Immersion Cooling
The technology is expected to make the bitcoin miner’s operations more sustainable and efficient.
Bitcoin Hashrate Approaches Full Recovery From China Crackdown
Miners set up their operations elsewhere.
Is Bitcoin Mining Still Profitable?
Vice President of Business Development at Foundry Jeff Burkey discusses the state of the Bitcoin network and hashrate, along with its mining profitability and difficulty. Plus, insights into the launch of FoundryX, a new marketplace for buying and selling bitcoin mining machines.
New York Bitcoin Miner Greenidge Under Fire for Climate Impact
U.S. Senator Elizabeth Warren (D-Mass.) has sent a letter to bitcoin miner Greenidge Generation’s (GREE) asking for more details about the environmental impact of its mining operation in New York State. "The Hash" team discusses the latest collision of politics and crypto mining.
Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing
The company has shipped new machines to the U.S. to make up for the lost hashrate.