Mining
Mining
Mining
Brazil cuts Bitcoin miner import tax to zero and companies may plug them into stranded solar next
On Feb. 20, Brazil’s foreign trade council published a technical resolution reducing import duties to zero for a narrow class of hardware: SHA256 Bitcoin miners exceeding 200 terahashes per second with energy efficiency below 20 […]
Mining
Solo Bitcoin Miner Hits Rare 3.125 BTC Jackpot With Rented Hashrate
A solo Bitcoin miner notched a rare win by validating an entire Bitcoin block, securing a huge payday using a hobby-level mining operation and on-demand hashrate. The miner earned the 3.125 Bitcoin (BTC) block reward, […]
Mining
Bitcoin miners sell 5,359 BTC as winter power costs bite and their $7.4 billion treasury starts shrinking fast
Public Bitcoin miners collectively held 115,335 BTC as of Feb. 20, worth roughly $7.4 billion at the recent price, but that treasury dropped 4.44% month-over-month, the first sustained contraction since miners began stockpiling coins as […]
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Bitcoin Miner Bitdeer Liquidates Entire BTC Treasury, Holdings Fall to Zero
Update (Feb. 23, 12:13 pm UTC): This article has been updated to include a statement from Bitdeer’s Ross Gann. Bitcoin mining firm Bitdeer has sold all of its corporate Bitcoin holdings, reducing its treasury balance […]
Mining
Mining
How Bitcoin miners’ woes might set stage for BTC price rebound
Bitcoin just got ~15% harder to mine as hashrate falls—pushing miner revenue back into the $30 stress zone Bitcoin’s mining economy has tightened again, but its undertones could pave the way for a price recovery […]
Mining
