Tag: miners
Riot Platforms buys Bitcoin miners for $290 million
Riot Platforms purchased an additional 33,280 Bitcoin miners from MicroBT, for approximately $290 million. Riot Platforms buys even more Bitcoin miners $Riot Exercises Purchase Option on 18 EH/s of Latest…
Are bitcoin miners preparing for the BTC bull run? Riot Platforms is stocking up
The miners prepare. While Bitcoin has just briefly crossed the $42,000 mark, BTC miners appear to be preparing for a potential bull run. Thus, Riot Platforms, an industry giant, has…
End clap for the miners’ retirement savings plan
It is almost established: the finance bill for 2024 should put an end to the retirement savings plan (PER) for minors. Intended to build additional income in retirement, the PER…
This is how the miners are preparing
As the BTC price rises, miners’ willingness to invest increases. With almost 500 exahashes per second (EH/s), the mining industry is catapulting computing power to ever higher levels. The difficulty…
Simandou, the mountain that fuels the fantasies of Guinean miners and authorities
The Simandou region in southeastern Guinea, the world’s largest iron ore deposit, in 2022. WINNING CONSORTIUM SIMANDOU (WCS) It was one of the first acts of Mamadi Doumbouya after his…
Bitcoin August 5th – BTC watches the clock tick, miners bustle
Bitcoin can do better – Since the beginning of the year, the price of Bitcoin has been rising. He shows an increase of more than 75%. For those who lived…
Halving Bitcoin: TeraWulf acquires 18,500 latest-generation miners
Miners prepare for the halving. Every four years, the Bitcoin is subject to a halving. In practice, this means that the rewards collected through mining are halved. The next one…
Bitcoin Halving: Stress test for the miners?
Bitcoin Halving is coming up next spring. This creates difficult conditions for Bitcoin miners, according to analysts at JP Morgan. Volatile electricity costs and competition for a higher hash rate…
Bitcoin: BTC miners pocket $184 million
Bitcoin and mining profitable again. To all those who were waiting for some signs positive on the market for cryptos, the time has come! Between the giants of finance who…
More than a billion dollars worth of Bitcoin (BTC) sent by miners to exchanges in just 14 days
The slight positive market progress seen over the past few weeks has been relatively supportive for Bitcoin miner activity. According to the latest data from the on-chain analysis company CryptoQuantBitcoin…
Riot Platforms will install 33,000 additional Bitcoin miners before the next halving
Riot Platforms, a leading Bitcoin mining and data center hosting company, has just taken a giant leap forward. In effect, the company recently announced a massive investment in Bitcoin mininga…
JPMorgan believes only Bitcoin miners of this caliber will survive
Electricity costs played a crucial role in last year’s bear market as Bitcoin miners struggled to stay in business, says a JPMorgan report. In an environment where competitiveness is key,…