Bitcoin miners in Russia worry about sanctions as government starts collecting wallet addresses
Russian Bitcoin miners fear exposure to sanctions as the government compiles a registry containing wallet addresses and other sensitive data. Bitcoin (BTC) miners in Russia aren’t thrilled about a new government registry that’s scooping up sensitive data, including crypto wallet addresses, under new rules. If leaked, it could be a “big gift to our geopolitical […]
Monthly Bitcoin production drops as miners fight rising hashrate
Most Bitcoin miners saw declining production in January as network difficulty soared. However, Riot Platforms bucked the trend with increased output. Source link
Bitcoin miners thrived in Q4 2024 as BTC surged past $100K
The last quarter of 2024 was a positive time for BTC miners, says H.C. Wainwright analysts, with potential volatility ahead. Bitcoin miners saw significant growth in Q4 2024 as Bitcoin (BTC) crossed $100,000 for the first time, driven by increased institutional adoption and optimism following Donald Trump’s pro-crypto presidential election victory, according to an H.C. […]
Grayscale launches Bitcoin Miners ETF to offer BTC mining exposure
Grayscale’s new ETF, MNRS, tracks Bitcoin mining firms and infrastructure, offering investors exposure to the mining industry without direct BTC investment. Source link
BCH Miners offer free mining contracts to boost passive income
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BCH Miner offers a cost-effective cloud mining solution, making cryptocurrency mining accessible without expensive hardware. This article will explore BCH Miner, a cloud mining platform with cutting-edge equipment that is world-renowned for its efficient […]
Bitcoin miners see 3x profit margins despite higher network difficulty
Glassnode’s Difficulty Regression Model estimates the cost to mine a single BTC at approximately $33,900. Source link
Thai police seize nearly 1,000 Bitcoin miners in raid: Report
The registered crypto trading firm allegedly stole “hundreds of millions of baht” from electricity providers, coming out to at least $2.88 million. Source link
BTC miners adopted ‘treasury strategy,’ diversified business in 2024: Report
In 2024, the combined market capitalization of public Bitcoin mining companies reached $50 billion for the first time. Source link
Bitcoin miners tap billions in funding to counter energy challenges
Bitcoin mining firms are turning to billions in fresh funding as high energy prices squeeze profits. Facing soaring energy costs, Bitcoin (BTC) miners in the U.S. are building war chests worth billions as competition for resources intensifies and profitability following Bitcoin’s latest halving remains under pressure, the Financial Times reports. Companies like Marathon Digital, Riot […]
Lawmaker warns crypto miners in Chechnya will be treated like terrorists in 2025
State Duma lawmaker Adam Delimkhanov says crypto miners in Chechnya will be equated with terrorists, following the ban on cryptocurrency mining in several regions in Russia starting in January 2025. According to Russian news outlet Tsargrad TV, Delimkhanov stated that starting from Jan. 1, 2025 cryptocurrency mining will be deemed illegal in the Chechen Republic. […]
