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Stories published on May 2
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  • Stories published on May 2

Thursday, May 2

11

Bitcoin halving sees Bitfarms’ BTC mining earnings plummet

cointelegraph.com

Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second (EH/s) with a $240 million investment.

Wednesday, May 1

16

Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard

news.bitcoin.com

During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of…

15

What's Going On With Bitcoin Mining Stock Riot Platforms?

www.benzinga.com

Riot Platforms Inc (NASDAQ:RIOT) shares are trading higher Wednesday on the heels of the Bitcoin (CRYPTO: BTC) mining company’s first-quarter results. Here’s a look at the highlights from the quarter.

04

‘No signs’ of Bitcoin miner capitulation despite plummeting revenue

cointelegraph.com

CryptoQuant CEO Ki Young Ji said that despite a drop in Bitcoin mining revenues since the halving, Bitcoin miners haven’t shown any signs of capitulation.

Tuesday, Apr 30

17

Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings

news.bitcoin.com

This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and…

16

Bitcoin Mining Stocks Are Sliding Tuesday: What's Going On?

www.benzinga.com

Shares of several Bitcoin (CRYPTO: BTC) mining stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT) and CleanSpark Inc (NASDAQ: CLSK) are trading lower Tuesday amid a drop in the price of bitcoin…

15

Future FinTech Enters into New Bitcoin Mining Hosting Agreement for its Cryptocurrency Farm in Norwalk, Ohio

www.benzinga.com

NEW YORK, April 30, 2024 /PRNewswire/ -- Future Fintech Group Inc. (NASDAQ: FTFT), (hereinafter referred to as "Future FinTech", "FTFT" or the "Company"), a comprehensive financial and digital technology service provider, announced today…

02

In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286

news.bitcoin.com

While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining…

Monday, Apr 29

10

Bitcoin miners face financial squeeze as earnings continue to fall post-halving 

nairametrics.com

Bitcoin Miners are currently facing a financial squeeze as their earnings from mining have fallen below pre-halving levels.

Saturday, Apr 27

20

Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs

news.bitcoin.com

According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor…

12

Friday, Apr 26

00

Crypto Biz: X payment system, Block moves into Bitcoin mining, and more

cointelegraph.com

This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin mining, and more.

19

Bitcoin Miner Marathon Digital Targets its Hash Rate to Double in 2024

www.benzinga.com

Bitcoin miner Marathon Digital (NASDAQ: MARA) has raised its 2024 hash rate growth target in response to Bitcoin's (CRYPTO: BTC) fourth halving event, which reduced miners' block subsidy rewards from 6.25 BTC to 3.125 BTC. Starting 2024…

08

SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud

cointelegraph.com

The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms.

07

Marathon Digital Ramps up Bitcoin Mining Goals, Targets 50 EH/s Hash Rate for 2024

news.bitcoin.com

Marathon Digital plans to increase its 2024 hash rate target for Bitcoin mining from 35-37 EH/s to 50 EH/s, thanks to expanded capacity from recent acquisitions, aiming to more than double its mining operations without the need to raise…

05

ViaBTC's 'Epic Sat' From Fourth Bitcoin Halving Block Sells for 33.3 BTC ($2.13 Million)

www.benzinga.com

An "epic sat"—an exceptionally rare satoshi, the smallest unit of bitcoin, from Bitcoin's (CRYPTO: BTC) fourth halving block—sold for over $2 million. On April 25, the crypto mining pool ViaBTC sold "Sat 1,968,750,000,000,000" for ...

Thursday, Apr 25

00

Why Bitcoin Mining Stock Marathon Digital Is Moving Higher After Hours

www.benzinga.com

Marathon Digital Holdings Inc (NASDAQ:MARA) shares are moving higher after the bell on Thursday after the Bitcoin (CRYPTO: BTC) miner announced an read more

Wednesday, Apr 24

21

Jack Dorsey Wants To Make Bitcoin Mining As Easy As Plugging In A Lamp: Here's How

www.benzinga.com

Payments giant Block (NYSE:SQ) announced the company is no longer just designing cutting-edge mining chips, but also venturing into developing a complete Bitcoin (CRYPTO: BTC) mining system.

19

Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High

news.bitcoin.com

Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and pushing the mining difficulty to a record high. The network’s difficulty level rose from 86.39 trillion to a new level…

02

Block says it has finished the development of its own 3nm bitcoin mining chip and is working through the design with a "leading global semiconductor foundry" (MacKenzie Sigalos/CNBC)

www.techmeme.com

Block says it has finished the development of its own 3nm bitcoin mining chip and is working through the design with a “leading global semiconductor foundry” — Jack Dorsey says that his payments company, Block (formerly Square), is…