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Stories published on May 8
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  • Stories published on May 8

Wednesday, May 8

14

Hut 8’s Bitcoin Mining Output Drops 36% to 148 BTC in April

news.bitcoin.com

North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which…

GoMining Secures Bitscale Capital Backing to Accelerate Its NFT-Based Bitcoin Mining Operation

news.bitcoin.com

PRESS RELEASE. British Virgin Islands / Wednesday / GoMining, the infrastructure company easing access to Bitcoin mining with its Liquid Bitcoin Hashrate protocol, has raised $3 million through a direct investment from Bitscale Capital, a…

Tuesday, May 7

00

Swan Announces Bitcoin Managed Mining Service For Institutional Investors

www.prweb.com

Swan Bitcoin launches Managed Mining service for institutional investors, announces strategic collaboration with Tether, targets 100 EH by 2026. CALABASAS, Calif., May 7, 2024 /PRNewswire-PRWeb/ -- Swan Bitcoin, a leader in Bitcoin mining…

11

How long does it take to mine 1 Bitcoin?

cointelegraph.com

Mining a Bitcoin block takes about 10 minutes, but does that timeframe translate to mining 1 Bitcoin?

Monday, May 6

16

Bitcoin Mining Stocks Are Moving Higher Monday: What's Going On?

www.benzinga.com

Shares of several Bitcoin mining stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT) and CleanSpark Inc (NASDAQ: CLSK) are rising Monday amid strength in the price of Bitcoin. Here’s a look at…

14

Kenyan President Requests Bitcoin Miner Marathon Digital to Review Nation’s Cryptocurrency Regime

news.bitcoin.com

The Kenyan President William Ruto recently revealed that his government has appointed Bitcoin mining company Marathon Digital as its consultant to review its cryptocurrency regime. The U.S.-based Bitcoin miner is reportedly set to discuss…

11

Bitcoin mining revenue hits post-halving yearly low

cointelegraph.com

Daily revenue from Bitcoin mining dropped to under $3 million from the previous daily average of roughly $6 million in the first four months of 2024.

Saturday, May 4

12

Friday, May 3

16

Marathon Sets New Record by Mining Bitcoin’s Largest Block, Showcasing the Logos’ Manifesto

news.bitcoin.com

On May 3, the Bitcoin network validated its largest block to date at block height 841,886, which included an inscription showcasing the technology stack dubbed Logos’ manifesto. This block, similar to the one that previously held the…

14

Bitcoin Miner Riot Platforms Records Modest Revenue Gain Despite 36% Decrease in Mined BTC

news.bitcoin.com

Riot Platforms Inc., an integrated bitcoin mining company, reported revenues exceeding $79.3 million in the first quarter of 2024. The revenue increase was slight, rising from $73.2 million to $79.3 million. Remarkably, this was achieved…

13

Thai police raid illegal bitcoin mining operation

guardian.ng

Thai police have raided a massive illegal bitcoin mining operation in the country, seizing almost $2 million worth of equipment, officers said Friday.

11

Thai police raid illegal bitcoin mining operation

www.vanguardngr.com

Thai police have raided a massive illegal bitcoin mining operation in the country, seizing almost $2 million worth of equipment, officers said Friday.

10

Thai police raid illegal bitcoin mining operation

e.vnexpress.net

Thai police have raided a massive illegal bitcoin mining operation in the country, seizing almost $2 million worth of equipment, officers said Friday.

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…